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The Real Estate market worldwide is projected to grow by 2.77% (2024-2029) resulting in a market volume of US$727.80tn in 2029. ... Global tourism industry - statistics & facts ... it is worth ...
The Global Real Estate Market was valued at USD 4.02 trillion in 2022 and is estimated to reach approximately USD 6.64 trillion by 2031, at a CAGR of 5.7% from 2023 to 2031. A vital and active part of the world economy is the real estate sector. It includes the acquisition, disposition, and leasing of real estate for use as homes, businesses ...
The mixed macroeconomic picture. Economic conditions remain resilient heading into 2024, but the year ahead is expected to be uneven for many real estate markets and decision makers. Risks remain elevated, and signals of predictability will emerge only as the year progresses. 12. Interest rates are stabilizing and cuts are expected in the ...
Sep 20, 2023 · The most valuable real estate markets. China retains its position as the world’s most valuable real estate market. Given the country is home to 1.4 billion people, it is perhaps not surprising it accounts for a quarter (26%) of global real estate value. The US takes second slot overall, accounting for 19% of the global real estate market.
Report Overview. The global real estate market size was valued at USD 3.69 trillion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 5.2% from 2022 to 2030. The market is expected to grow at a healthy pace during the forecast period, owing to the rising population and a desire for personal household space.
China and the US together make up 42 per cent ($84.8tn) of global property value alone. China is home to more of the world real estate market assets (by value) than any other country at $42.7tn or 21 per cent of global real estate value, just ahead of the US at $42.1tn. Japan, the UK, India, Germany, France, Brazil, Italy and Russia round off ...
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Aug 2, 2024 · Sector Videos from Midyear Global Outlook 2024. Economy: Richard Barkham [6.20 minutes] Capital and Debt Markets: Gus McConnell, Darin Mellott & Raphael Rietema [10.22 minutes] Office: Richard Holberton & Jessica Morin [8.15 minutes] Industrial and Retail: Pol Marfa Miro & Amanda Ortiz [8.10 minutes] Multifamily and Hotels: Frank Verwoerd, Matt ...