The China Residential Real Estate Market is Segmented by Property Type (Apartments & Condominiums and Villas & Landed Houses), Price Band (Affordable, Mid-Market and Luxury), Mode of Sale (Primary and Secondary), Business Model (Sales and Rental) and Key Cities (Shenzhen, Beijing, Shanghai, Hangzhou, Guangzhou, and Other Key Cities). The Market Forecasts are Provided in Terms of Value (USD).

The China Commercial Real Estate Market is Segmented by Property Type (Offices, Retail, Logistics, Others (industrial Real Estate, Hospitality Real Estate)), by Business Model (Sales and Rental), by End-User (Individuals / Households, Corporates & SMEs, Others) and by Cities (Shanghai, Beijing, Shenzhen and More). The Market Sizes and Forecasts are Provided in Terms of Value (USD)

China Real Estate Market, valued at USD 5.30T in 2024, is projected to reach USD 6.98T by 2030, growing at a 3.9% CAGR from 2025 to 2030.

The China Office Real Estate Market Report is Segmented by Building Grade (Grade A, Grade B, and More), by Transaction Type (Rental and Sales), by End Use (Information Technology (IT & ITES), BFSI (Banking, Financial Services and Insurance), and More) and by Major Cities (Beijing, Shanghai, Shenzhen and More). The Report Offers Market Size and Forecasts in Value (USD) for all the Above Segments.

Discover the booming China commercial real estate market! Our analysis reveals a $890 million market in 2025, projected to grow at a 3.49% CAGR until 2033. Learn about key drivers, trends, restraints, and major players like Wanda Group and CapitaLand. Explore market segmentation and regional data for informed investment decisions. Recent developments include: May 2023: The Beijing Suning Life Plaza mixed-use complex was recently purchased from Suning for about USD 400 million by CapitaLand Investment Private Fund with the help of Cushman & Wakefield's Greater China Capital Markets division., April 2023: AIA put US$1.3 billion into a Shanghai office-retail complex, while Ping An paid about US$7 billion for industrial and office assets in Shanghai and Beijing. Insurers, including AIA and Ping An Life Insurance, are investing billions of dollars in mainland China properties, which are expected to remain an attractive asset class for insurers despite the property market downturn.. Key drivers for this market are: Foreign Investments driving the market, Implementation of government policies driving the market. Potential restraints include: Oversupply of commercial real estate, Increasing property prices affecting the growth of the market. Notable trends are: Technology and Innovation Driving the Market.

Revenue for the Residential Real Estate industry in China is expected to decrease at a CAGR of 9.8% over the five years through 2025. This trend includes an expected decrease of 9.6% in the current year.Since August 2020, the People's Bank of China and the China Banking and Insurance Regulatory Commission have proposed three debt indicators for real estate development and management companies through which the company's financial health can be rated. This new policy has exacerbated the company's debt pressure, making it unable to repay old debts by borrowing new debt. Some real estate companies faced a liquidity crisis.In 2022, the city's lockdown and laying-off caused by COVID-19 epidemic led to the pressure of delaying the delivery of houses. The industry's newly constructed and completed areas decreased significantly throughout the year. In addition, the epidemic has impacted sales in the industry, and some sales offices have been forced to close temporarily. In 2022, the residential sales area decreased by 26.8%, and the residential sales decreased by 31.2%.Industry revenue will recover at an annualized 0.7% over the five years through 2030. Over the next five years, the industry's drag on GDP will weaken, and industry growth will stabilize. However, high housing prices have become a major social problem in China. Under the measures on the principle that residential real estate is used for living, not speculation, the financial attributes of real estate will gradually weaken, and housing prices will tend to stabilize.

Discover the booming China office real estate market! Our analysis reveals a CAGR exceeding 5.50%, driven by IT, BFSI, and manufacturing growth in major cities. Explore market trends, key players (Wanda Group, Evergrande Group), and future projections until 2033. Recent developments include: April 2023: China's new private equity real estate pilot programme is designed to boost investment in the property sector and attract increased foreign investment. The pilot programme, announced by the Securities Regulatory Commission (CSRC) last month, is intended to boost private investment in the Chinese real estate market and open the door to foreign investors. The aim is to improve liquidity and reduce property developers' debt ratios., March 2023: Cushman & Wakefield's (NYSE: CWK) Greater China Capital Markets team recently facilitated the acquisition by CapitaLand Investment Private Fund of the Beijing Suning Life Plaza mixed-use development from Suning for approximately US$400 million.. Key drivers for this market are: Strong Demand and Rising Construction Activities to Drive the Market, Rising House Prices in Germany Affecting Demand in the Market. Potential restraints include: Weak economic environment. Notable trends are: Robust Leasing Demand For the Office Spaces Driving the Market.

Housing Index in China remained unchanged at -2.20 percent in October. This dataset provides the latest reported value for - China Newly Built House Prices YoY Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

China Real Estate: Sales Revenue data was reported at 9,589,690.064 RMB mn in 2017. This records an increase from the previous number of 9,009,150.637 RMB mn for 2016. China Real Estate: Sales Revenue data is updated yearly, averaging 810,756.060 RMB mn from Dec 1988 (Median) to 2017, with 30 observations. The data reached an all-time high of 9,589,690.064 RMB mn in 2017 and a record low of 16,212.340 RMB mn in 1988. China Real Estate: Sales Revenue data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Real Estate Sector – Table CN.RKF: Real Estate Enterprise: All.

China Real Estate Investment data was reported at 12,026,351.460 RMB mn in 2018. This records an increase from the previous number of 10,979,852.880 RMB mn for 2017. China Real Estate Investment data is updated yearly, averaging 779,092.230 RMB mn from Dec 1986 (Median) to 2018, with 33 observations. The data reached an all-time high of 12,026,351.460 RMB mn in 2018 and a record low of 10,100.000 RMB mn in 1986. China Real Estate Investment data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Real Estate Sector – Table CN.RKA: Real Estate Investment: Summary.

Discover the booming China commercial real estate market! Our analysis reveals a $890 million market in 2025, projected to grow at a CAGR of 3.49% through 2033. Learn about key drivers, trends, and top players like Wanda Group and CapitaLand. Explore market segmentation and regional insights for informed investment decisions. Recent developments include: May 2023: The Beijing Suning Life Plaza mixed-use complex was recently purchased from Suning for about USD 400 million by CapitaLand Investment Private Fund with the help of Cushman & Wakefield's Greater China Capital Markets division., April 2023: AIA put US$1.3 billion into a Shanghai office-retail complex, while Ping An paid about US$7 billion for industrial and office assets in Shanghai and Beijing. Insurers, including AIA and Ping An Life Insurance, are investing billions of dollars in mainland China properties, which are expected to remain an attractive asset class for insurers despite the property market downturn.. Key drivers for this market are: Foreign Investments driving the market, Implementation of government policies driving the market. Potential restraints include: Foreign Investments driving the market, Implementation of government policies driving the market. Notable trends are: Technology and Innovation Driving the Market.

The China Luxury Residential Real Estate Market Report is segmented by type (villas and landed houses, apartments and condominiums) and by cities (Beijing, Wuhan, Shanghai, Shenzhen, Guangzhou and Other cities). The report offers market size and forecasts for the China Luxury Residential Real Estate Market in value (USD billion) for all the above segments.

China GDP: TI: Real Estate data was reported at 2,130.490 RMB bn in Mar 2025. This records a decrease from the previous number of 2,218.482 RMB bn for Dec 2024. China GDP: TI: Real Estate data is updated quarterly, averaging 500.090 RMB bn from Mar 1992 (Median) to Mar 2025, with 133 observations. The data reached an all-time high of 2,412.010 RMB bn in Dec 2020 and a record low of 20.910 RMB bn in Mar 1992. China GDP: TI: Real Estate data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under Global Database’s China – Table CN.AA: Gross Domestic Product: Quarterly.

In 2023, the average price for residential real estate in Shenzhen ****** yuan per square meter. This was the highest price among all major cities in China, with the average price across the country amounting to ****** yuan per square meter. A pillar of the Chinese economy China gradually abolished its welfare housing allocation system and liberalized its real estate market in the 1990s. In 2003, the government declared the real estate sector as one of the pillars of the Chinese economy. Thanks to the country's rapid economic development and urbanization, China's real estate market expanded significantly in the last two decades, with the sector accounting for about seven percent of China's GDP in 2022. Unaffordable in major urban centers While the real estate industry greatly contributed to the growth of China's economy, the housing market boom also created social issues and financial risks. In comparison to household income, property prices in major cities, most notably Shanghai, Beijing, Guangzhou, and Shenzhen, are extraordinarily expensive for average citizens. Soaring housing prices have also led to a rapid division of wealth between homeowners and renters. At the same time, debt problems created by the rapid expansion of real estate companies and the high levels of debt accumulated by Chinese citizens have created serious potential hazards for China's financial system.

The China office real estate market, valued at approximately $X million in 2025 (assuming a reasonable market size based on similar global markets and the provided CAGR), is projected to experience robust growth, exceeding a 5.5% Compound Annual Growth Rate (CAGR) from 2025 to 2033. This expansion is fueled by several key drivers. The burgeoning Information Technology (IT and ITES) sector, coupled with a continuously growing BFSI (Banking, Financial Services, and Insurance) industry, is creating significant demand for modern office spaces in major cities like Beijing and Shanghai. Expanding manufacturing operations and a growing consulting sector further contribute to this market's dynamism. While factors such as economic fluctuations and potential oversupply in certain areas could pose restraints, the long-term outlook remains positive, driven by sustained urbanization, government initiatives promoting economic growth, and the continuous influx of foreign investment. The market segmentation reveals strong potential in tier-1 cities, with Beijing and Shanghai leading the charge. Key players like Wanda Group, Country Garden Holdings, and China Vanke are well-positioned to capitalize on this growth, though competition remains fierce. The strategic location of office spaces within these major cities plays a crucial role. Proximity to transportation hubs, amenities, and other commercial centers significantly impacts rental rates and occupancy levels. The continued development of smart city initiatives and a focus on sustainable building practices will shape future office developments. The market's evolution will also be influenced by shifts in work culture, with trends towards hybrid work models likely to affect demand. However, the long-term prospects for the China office real estate sector remain optimistic, driven by China’s ongoing economic development and increasing urbanization. This robust growth presents substantial opportunities for both domestic and international investors involved in development, leasing, and management of office spaces within this dynamic market. Recent developments include: April 2023: China's new private equity real estate pilot programme is designed to boost investment in the property sector and attract increased foreign investment. The pilot programme, announced by the Securities Regulatory Commission (CSRC) last month, is intended to boost private investment in the Chinese real estate market and open the door to foreign investors. The aim is to improve liquidity and reduce property developers' debt ratios., March 2023: Cushman & Wakefield's (NYSE: CWK) Greater China Capital Markets team recently facilitated the acquisition by CapitaLand Investment Private Fund of the Beijing Suning Life Plaza mixed-use development from Suning for approximately US$400 million.. Notable trends are: Robust Leasing Demand For the Office Spaces Driving the Market.

In the first nine months of 2021, based on sales revenue, the top 10 leading real estate companies in China had a market share of almost ** percent. The leading 200 companies together occupied **** percent of the real estate market, which showed that the market was very fragmented with many smaller companies.

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Residential Real Estate Market Size 2025-2029

The residential real estate market size is valued to increase USD 485.2 billion, at a CAGR of 4.5% from 2024 to 2029. Growing residential sector globally will drive the residential real estate market.

Major Market Trends & Insights

APAC dominated the market and accounted for a 55% growth during the forecast period.
By Mode Of Booking - Sales segment was valued at USD 926.50 billion in 2023
By Type - Apartments and condominiums segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 41.01 billion
Market Future Opportunities: USD 485.20 billion
CAGR : 4.5%
APAC: Largest market in 2023

Market Summary

The market is a dynamic and ever-evolving sector that continues to shape the global economy. With increasing marketing initiatives and the growing residential sector globally, the market presents significant opportunities for growth. However, regulatory uncertainty looms large, posing challenges for stakeholders. According to recent reports, technology adoption in residential real estate has surged, with virtual tours and digital listings becoming increasingly popular. In fact, over 40% of homebuyers in the US prefer virtual property viewings. Core technologies such as artificial intelligence and blockchain are revolutionizing the industry, offering enhanced customer experiences and streamlined processes.
Despite these advancements, regulatory compliance remains a major concern, with varying regulations across regions adding complexity to market operations. The market is a complex and intriguing space, with ongoing activities and evolving patterns shaping its future trajectory.

What will be the Size of the Residential Real Estate Market during the forecast period?

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How is the Residential Real Estate Market Segmented and what are the key trends of market segmentation?

The residential real estate industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Mode Of Booking

  Sales
  Rental or lease


Type

  Apartments and condominiums
  Landed houses and villas


Location

  Urban
  Suburban
  Rural


End-user

  Mid-range housing
  Affordable housing
  Luxury housing


Geography

  North America

    US
    Canada
    Mexico


  Europe

    France
    Germany
    UK


  APAC

    Australia
    Japan
    South Korea


  South America

    Brazil


  Rest of World (ROW)

By Mode Of Booking Insights

The sales segment is estimated to witness significant growth during the forecast period.

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The Sales segment was valued at USD 926.50 billion in 2019 and showed a gradual increase during the forecast period.

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Regional Analysis

APAC is estimated to contribute 55% to the growth of the global market during the forecast period.Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The market in the Asia Pacific (APAC) region holds a significant share and is projected to lead the global market growth. Factors fueling this expansion include the region's rapid urbanization and increasing consumer spending power. Notably, residential and commercial projects in countries like India and China are experiencing robust development. The residential real estate sector in China plays a pivotal role in the economy and serves as a major growth driver for the market.

With these trends continuing, the APAC the market is poised for continued expansion during the forecast period.

Market Dynamics

Our researchers analyzed the data with 2024 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

In the Residential Real Estate Market, understanding the impact property tax rates home values and effect interest rates mortgage affordability is essential for buyers and investors. Key factors affecting home price appreciation and factors influencing housing affordability shape market trends, while the importance property due diligence process and requirements environmental site assessment ensure informed decisions. Investors benefit from methods calculating rental property roi, process home equity loan application, and benefits real estate portfolio diversification. Tools like property management software efficiency and techniques effective property marketing help tackle challenges managing rental properties. Additionally, strategies successf

Housing Starts in China increased to 49061.39 Tens of Thousands Square Metre in October from 45399.32 Tens of Thousands Square Metre in September of 2025. This dataset includes a chart with historical data for China Housing Starts.

Property sales to Chinese buyers in the United States increased significantly from a value of **** U.S. billion dollars in 2010 to **** billion U.S. dollars in 2017. Since 2017, the value of property sales to Chinese buyers has declined, reaching **** billion U.S. dollars in 2025.

USD 649.22 Billion in 2024; projected USD 961.77 Billion by 2033; CAGR 4.44%.