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Residential Real Estate Market Surges As Demand For Housing Drives Construction And Urban Renewal: A Significant Driver Propelling The Residential Real Estate Market In 2025
Residential Real Estate
What Is the Residential Real Estate Market Size and Projected Growth Rate?
The Residential Real Estate Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Residential Real Estate Market Size and Projected Growth Rate?
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What Are the Major Segments in the Residential Real Estate Market?
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 Are The Driving Residential Real Estate Market Evolution?
The residential real estate market is anticipated to grow due to the ever-increasing demand for homes. A residential structure provides individuals or families with the necessary amenities to comfortably meet day-to-day living requirements. The increasing need for residential spaces not only increases housing demand, but also stimulates the construction of towering mixed-use buildings and presents opportunities for metropolitan revitalization and rebuilding, driving the expansion of the residential real estate industry. For instance, in March 2023, data from the United States Census Bureau, a major US federal statistical organization, reveals that the number of privately owned housing units approved via building permits that February was 1,524,000 on a seasonally adjusted annual basis. This signifies a 13.8% increase compare to January's revised rate of 1,339,000. As a result, the growth of the residential real estate market is fueled by increasing residential property demand.
Which Firms Dominate The Residential Real Estate Market Segments?
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
What Trends Are Expected to Dominate the Residential Real Estate Market in the Next 5 Years?
A significant trend emerging in the residential real estate market is the increasing adoption of AI technology. In order to maintain their market position, residential real estate businesses are turning to new technologies. For example, Restb.ai, a computer vision provider for real estate based in Spain, unveiled its MLS Suite for Multiple Listing Services for AI in real estate in September 2022. The AI-enhanced tools developed were intended to streamline the listing entry process, ensure safety for IDX and VOW website users, and augment the value of MLS data. The primary solutions made available to MLS include AI tagging, compliance, MLS matching, and property descriptions.
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Which Is The Largest Region 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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Residential Real Estate Market?
2. What is the CAGR expected in the Residential Real Estate Market?
3. What Are the Key Innovations Transforming the Residential Real Estate Industry?
4. Which Region Is Leading the Residential Real Estate Market?
Why This Report Matters:
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