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Real Estate Agency And Brokerage Market 2022 Business Insights, Development Plans, And Growth Analysis Report To 2031
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The global real estate agency and brokerage market report by the business research company identifies rapid urbanization to be a major growth driver for the real estate agency and brokerage market. The increasing number of rural residents migrating into cities is resulting in an increasing demand for access to affordable housing and commercial spaces. This provides a significant opportunity for real estate service providers to improve housing, retail, and other commercial services. Globally, around 60% of urban settlements remained to be built. According to the World Bank, the urban population in South Asia is expected to grow by 250 million by 2031.
The global real estate agency and brokerage market grew from $1,221.82 billion in 2021 to $1,318.54 billion in 2022 at a compound annual growth rate (CAGR) of 7.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The real estate agency and brokerage market is expected to grow to $1,698.37 billion in 2026 at a CAGR of 6.5%.
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Asia Pacific was the largest region in the real estate agency and brokerage market in 2021. North America was the second-largest region in the real estate agency and brokerage market. The regions covered in the real estate agency and brokerage market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Major players in the real estate agency and brokerage market are Realogy Holdings Corp., Mitsui Fudosan Co. Ltd., Berkshire Hathaway Inc., CBRE Group, FirstService Corporation, Sekisui House, Savills plc, Jones Lang LaSalle Inc., Colliers International and Shimizu Corporation.
The global real estate agency and brokerage market is segmented -
1) By Type: Residential Buildings And Dwellings Brokers, Non-Residential Buildings Brokers, Mini warehouses And Self-Storage Units Brokers, Other Brokers
2) By Mode: Online, Offline
3) By Property Type: Fully Furnished, Semi-Furnished, Unfurnished
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The Real Estate Agency And Brokerage Market Report Contents Include
1. Executive Summary
2. Report Structure
3. Real Estate Agency and Brokerage Market Characteristics
4. Real Estate Agency and Brokerage Market Product Analysis
5. Real Estate Agency and Brokerage Market Supply Chain
....
22. Market Background: Real Estate Market
23. Recommendations
24. Appendix
25. Copyright And Disclaimer
This report covers the trends and market dynamics of the real estate agency and brokerage market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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