Press release
Residential Real Estate Market Worth $12,182.1 Billion by 2027 | Key Drivers, Restraints & Opportunity
Residential Real Estate Market
According to a recent report published by Allied Market Research, titled, “Residential Real Estate Market by Budget and Size: Opportunity Analysis and Industry Forecast, 2020–2027,” the residential real estate market size accounted for $8,567.4 billion in 2019, and is expected to reach $12,182.1 billion by 2027, registering a CAGR of 9.0% from 2020 to 2027.
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In addition, policies implemented for affordable houses by governments also drive the market growth. For instance, governments of several countries such as Australia, the U.S., and Canada have planned strategies such as concession for first time buyers, subsidies for veterans, golden visa, low cost affordable housing schemes, and cut in transactional taxes, which is anticipated to boost growth of the residential real estate market during the forecast period. Moreover, rise in tourism in nations such as Egypt, France, and Dubai is also anticipated to propel growth of the market.
Key Players
The major players profiled in the residential real estate market include Arabtec Holding, Christie’s International Real Estate, Coldwell Banker Real Estate LLC, DLF Limited, Engel & Völkers AG, Hochtief Corporation, IJM Corporation Berhad, Lennar Corporation, Pultegroup, Inc., Raubex Group Limited, Savills plc, Sotheby's International Realty Affiliates LLC, Sun Hung Kai Properties Limited, and Vinci.
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Key Benefits For Stakeholders
The report provides an extensive analysis of the current and emerging residential real estate market trends and dynamics.
In-depth residential real estate market analysis is conducted by estimations for the key segments between 2020 and 2027.
Extensive analysis of the market is conducted by following key product positioning and monitoring of top competitors within the market framework.
A comprehensive analysis of four major regions is provided to determine the prevailing opportunities.
The market forecast analysis from 2020 to 2027 is included in the report.
The key market players operating in the market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the market industry.
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help@alliedmarketresearch.com
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of Market Research Reports and Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.
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