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).

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.

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.

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 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)

Market Size statistics on the Residential Real Estate industry in China

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.

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.

China Residential Real Estate Market size was valued at USD 570000 Million in 2023 and is projected to reach USD 792166 Million by 2031, growing at a CAGR of 4.2% during the forecast period 2024-2031.

China Residential Real Estate Market: Definition/ Overview

Residential real estate refers to properties designed specifically for individuals or families to live in, offering a broad spectrum of housing options that cater to various lifestyles, preferences, and financial situations. This category includes several types of properties, each with distinct advantages based on size, location, and amenities. Condominiums (Condos) are individual units within larger buildings or complexes, often offering shared amenities like gyms, pools, and communal spaces, making them ideal for those seeking a low-maintenance, urban lifestyle.

Townhouses are multi-level homes attached to neighboring units, providing the benefits of both space and privacy while maintaining a compact footprint, often with more room than apartments but less than detached homes.

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.

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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

Snapshot img

Real Estate Market Size 2025-2029

The real estate market size is valued to increase USD 1258.6 billion, at a CAGR of 5.6% from 2024 to 2029. Growing aggregate private investment will drive the real estate market.

Major Market Trends & Insights

APAC dominated the market and accounted for a 64% growth during the forecast period.
By Type - Residential segment was valued at USD 1440.30 billion in 2023
By Business Segment - Rental segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 48.03 billion
Market Future Opportunities: USD 1258.60 billion
CAGR from 2024 to 2029 : 5.6%

Market Summary

In the dynamic realm of global real estate, private investment continues to surge, reaching an impressive USD 2.6 trillion in 2020. This significant influx of capital underscores the sector's enduring appeal to investors, driven by factors such as stable returns, inflation hedging, and the ongoing demand for shelter and commercial real estate space. Simultaneously, marketing initiatives have gained momentum, with digital platforms and virtual tours becoming increasingly popular.
However, regulatory uncertainty looms, posing challenges for market participants. Amidst this complex landscape, real estate remains a vital component of the global economy, continually evolving to meet the shifting needs of businesses and individuals alike.

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

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How is the Real Estate Market Segmented ?

The 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.

Type

  Residential
  Commercial
  Industrial


Business Segment

  Rental
  Sales


Manufacturing Type

  New construction
  Renovation and redevelopment
  Land development


Geography

  North America

    US
    Canada


  Europe

    Germany
    UK


  APAC

    Australia
    China
    India
    Japan
    South Korea


  South America

    Brazil


  Rest of World (ROW)

By Type Insights

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

Amidst the dynamic real estate landscape, the residential sector encompasses the buying and selling of various dwelling types, including single-family homes, apartments, townhouses, and more. This segment experiences continuous growth, fueled by increasing millennial homeownership rates and urbanization trends. Notably, the APAC region, specifically China, dominates the market share, driven by escalating homeownership numbers. Concurrently, the Indian real estate sector thrives due to the demand for affordable housing, with initiatives like Pradhan Mantri Awas Yojana (PMAY) spurring the development of affordable housing projects. In this evolving market, various aspects such as environmental impact studies, capital appreciation potential, title insurance coverage, building lifecycle costs, mortgage interest rates, and structural engineering analysis play crucial roles.

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The Residential segment was valued at USD 1440.30 billion in 2019 and showed a gradual increase during the forecast period.

Property tax appeals, property insurance premiums, property tax assessments, property marketing strategies, building material pricing, property management software, land surveying techniques, zoning regulations compliance, architectural design features, building code compliance, multifamily property management, rental yield calculations, construction cost estimation, energy efficiency ratings, green building certifications, tenant screening processes, investment property returns, property development plans, geotechnical site investigations, sustainable building practices, due diligence procedures, HVAC system efficiency, property renovation costs, market value appraisals, building permit acquisition, and property valuation models significantly impact the sector's progression. As of 2021, the market is projected to reach a value of USD 33.3 trillion, underscoring its substantial influence on the global economy.

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Regional Analysis

APAC is estimated to contribute 64% 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.

See How Real Estate Market Demand is Rising in APAC Request Free Sample

The APAC region held the largest share of the market in 2024, driven by factors such as rapid urbanization and increasing spending capacity. This trend is expected to continue during the forecast period. The overall health of the economy signi

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.

China logistics real estate market is valued at USD 180 billion, driven by e-commerce expansion, urbanization, and infrastructure investments in key cities like Shanghai, Beijing, and Shenzhen.

China luxury residential real estate market valued at USD 150 million, driven by rising affluence, urbanization in Beijing, Shanghai, Shenzhen, with growth in eco-friendly and smart homes.

In 2023, the average selling price of residential property in China was 10,864 yuan per square meter, a slight increase of 264 yuan from the previous year. Property prices in China have almost doubled over the past decade, but the market boom has been losing steam since around 2021.

Market Size statistics on the Commercial Real Estate industry in China

Discover the booming China home mortgage finance market, projected to reach $11 trillion by 2033. Analyze market size, CAGR, and regional trends in this comprehensive report. Explore challenges and opportunities in this dynamic sector. Notable trends are: Favorable Mortgage Rates is Expected to Drive the Market.

Employment statistics on the Residential Real Estate industry in China