Key Influencer in the Residential Real Estate Market 2025: Residential Real Estate Market Surges As Demand For Housing Drives Construction And Urban Renewal Driver

How Are the key drivers contributing to the expansion of the residential real estate market?
The growth of the residential real estate market is likely to be propelled by increased demand for residential properties. A residential establishment typically accommodates a sufficiency of rooms, amenities and utilities to suffice the living prerequisites of an individual or a family. This upsurge in the demand for residential properties yields a need for housing, triggers the development of skyscrapers, as well as mixed-use properties, and paves the way for urban renewal and redevelopment, thereby contributing to the enlargement of the residential real estate market. For example, in March 2023, the United States Census Bureau, the principal US-based federal statistical agency, reported that the total count of privately-owned housing units given the green signal by building permits for February stood at 1,524,000, adjusted for seasonal changes on an annual basis. This figure is 13.8% higher than the pace observed in the previous month of January, which was revised to 1,339,000. Consequently, the surge in the demand for residential properties fuels the progression of the residential real estate market.

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What growth opportunities are expected to drive the residential real estate market's CAGR through 2034?
The size of the residential real estate market has witnessed significant growth lately. It is projected to escalate from 10111.21 billion dollars in 2024 to 10629.44 billion dollars in 2025, with a compound annual growth rate (CAGR) of 5.1%. This growth during the historic period has been influenced by factors such as economic stability, accessibility to mortgages and interest rates, urbanization, increase in population, favorable government policies and demographic trends.

The next few years are projected to witness stable expansion in the size of the residential real estate market, with an anticipated growth to "$12843.32 billion by 2029. This presents an estimated compound annual growth rate (CAGR) of 4.8%. Factors contributing to this predicted growth in the forecast period include low-interest rates, the transition towards remote work, emphasis on environmental sustainability, and evolving household structures. Key trends expected during the forecast period encompass initiatives towards affordable housing, impingement of generational preferences, projects on adaptive reuse, concentration on health and safety features, and the connectivity of the global market.

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What are the emerging trends shaping the future of the residential real estate market?
There is an increasing trend towards the utilization of AI technology in the residential real estate field. To maintain their market standing, companies within the residential real estate sector are embracing novel technologies. For example, in September 2022, Restb.ai, a computer vision provider founded in Spain with a focus on real estate, introduced MLS Suite for Multiple Listing Services in the AI real estate sector. These AI-inspired tools were developed to streamline the listing entry procedure, ensure the safety of IDX and VOW website users, and enhance and elevate the significance of MLS data. The primary solutions offered to MLS encompass AI tagging, compliance, MLS match, and property profiles.

Which growth-oriented segments of the residential real estate market are leading the industry's development?
The residential real estate market covered in this report is segmented -

1) By Type: Apartments, Condominiums, Landed Houses, Villas
2) By Pricing: Affordable, Mid-Range, Luxury
3) By Size: Less Than 50 Square Meters, 51 To 80 Square Meters, 81 To 110 Square Meters, 111 To 200 Square Meters, More Than 200 Square Meters
4) By Business: Sales, Rental
5) By Mode: Online, Offline

Subsegments:
1) By Apartments: Studio Apartments, One-Bedroom Apartments, Two-Bedroom Apartments, Three-Bedroom Apartments, Luxury Apartments, Serviced Apartments
2) By Condominiums: High-Rise Condominiums, Mid-Rise Condominiums, Low-Rise Condominiums, Luxury Condominiums, Gated Community Condominiums
3) By Landed Houses: Single-Family Detached Homes, Townhouses, Duplexes, Bungalows, Ranch-Style Houses
4) By Villas: Luxury Villas, Beachfront Villas, Gated Community Villas, Holiday Villas, Eco-Friendly Villas

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What regions are leading the charge in the residential real estate market?
Asia-Pacific was the largest region in the global residential real estate market size in 2024. The regions covered in the residential real estate market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What companies are at the forefront of innovation in the residential real estate market?
Major companies operating in the residential real estate market include Real Estate Maximums, Sotheby's International Realty, CBRE Group Inc., Keller Williams Realty Inc., Colliers International, Christie's International Real Estate, D. R. Hortons Inc., DLF Ltd., IJM Corporation Berhad, Lennar Corporation, Pultegroup Inc., Savills plc, Cushman Wakefield Inc., Anywhere Real Estate Inc., Coldwell Banker Real Estate LLC, The Cadillac Fairview Corporation Limited, Century 21 Real Estate LLC, ERA Real Estate, Better Homes and Gardens Real Estate, Redfin Corporation, Zillow Group Inc., Movoto Real Estate, Compass Inc., Realogy Holdings Corp, Allen Tate Companies, William Raveis Real Estate, John L. Scott Real Estate, Houlihan Lawrence, Douglas Elliman Real Estate

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What Is Covered In The Residential Real Estate Global Market Report?

• Market Size Forecast: Examine the residential real estate market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the residential real estate market for a structured understanding.
• Key Players Overview: Analyze major players in the residential real estate market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the residential real estate market.
• Segment Contributions: Evaluate how different segments drive overall growth in the residential real estate market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the residential real estate market.
• Industry Challenges: Identify potential risks and obstacles affecting the residential real estate market.
• Competitive Landscape: Review strategic developments in the residential real estate market, including expansions, agreements, and new product launches.

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