The number of existing residential real estate leases in the United States was modeled to stand at 47.05 million in 2024. Between 2017 and 2024, the volume rose by 440,000, though the increase followed an uneven trajectory rather than a consistent upward trend. The volume will steadily rise by 920,000 over the period from 2024 to 2029, reflecting a clear upward trend.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Residential Real Estate Leases.

Rental vacancy rates across the United States showed significant regional differences in 2024, with the South experiencing the highest rate at 8.7 percent. This disparity reflects broader demographic shifts and economic factors influencing the rental market. The regional variations in vacancy rates have persisted despite an overall decline since 2014, highlighting the complex dynamics of the U.S. housing landscape. Rental demand and affordability challenges The rental market continues to face pressure from high demand, particularly among younger demographics. People under 30 comprise the largest share of American renters, with approximately 42 million in this age group. Despite softening rents in some areas, affordability remains a significant issue. In 2023, 42.5 percent of renters paid gross rent exceeding 35 percent of their income, indicating widespread financial strain among tenants. Regional disparities and market trends The Northeast and West regions, which include many large urban areas, have consistently lower vacancy rates compared to the Midwest and South. This trend aligns with population shifts towards these regions, fueling higher home prices growth. The rental market has shown signs of stabilization in 2023, with the number of vacant homes for rent slightly picking up after two years of record-low vacancy.

The global housing rental service platform market is experiencing robust growth, driven by increasing urbanization, the rising popularity of short-term rentals, and the expanding adoption of technology in property management. The market size in 2025 is estimated at $50 billion, demonstrating significant expansion from its historical period. This growth is projected to continue at a Compound Annual Growth Rate (CAGR) of 15% from 2025 to 2033, reaching an estimated market value of $150 billion by 2033. Key drivers include the convenience and efficiency offered by online platforms, enabling property owners to manage their listings and tenants to search and book properties easily. Furthermore, the integration of advanced features such as virtual tours, online payment processing, and sophisticated search filters enhances user experience and drives market expansion. Emerging trends, such as the integration of AI for property pricing and tenant screening, along with the rise of subscription-based rental models, are further fueling market growth. However, regulatory challenges related to data privacy and fair housing practices, as well as competition from traditional real estate agencies, pose some restraints on market growth. The competitive landscape is highly dynamic, with a mix of established players like Zillow, Trulia, and RealPage, and innovative startups such as Rentberry and Spotahome vying for market share. Geographic expansion into emerging markets, particularly in Asia and Latin America, presents significant opportunities for growth. Companies are increasingly focusing on enhancing their platforms’ functionalities by integrating advanced technologies like AI and machine learning to improve tenant screening, property valuation, and risk management. Differentiation strategies, such as offering specialized services catering to specific demographics or property types, are also becoming increasingly crucial for success in this competitive market. The overall outlook remains positive, with substantial growth potential driven by technological advancements and evolving consumer preferences.

The global Real Estate Rental market is poised for significant expansion, projected to reach a substantial market size of approximately $3,500 million by 2025, and is expected to grow at a Compound Annual Growth Rate (CAGR) of around 6.5% during the forecast period of 2025-2033. This robust growth is primarily fueled by a confluence of economic and demographic shifts. A key driver is the increasing urbanization across the globe, leading to a higher demand for rental properties as people migrate to cities for better employment and lifestyle opportunities. Furthermore, the rising cost of homeownership, coupled with a greater preference for flexibility among younger generations, particularly millennials and Gen Z, is steering more individuals towards renting. The market is witnessing a surge in demand from both residential and non-residential building sectors, reflecting its broad applicability. The online segment of the rental market is experiencing particularly rapid growth, driven by the convenience and accessibility offered by digital platforms for property search, listing, and transaction management. The market is strategically segmented by application into Residence and Non-residential Buildings, with the residential segment likely dominating due to sustained population growth and evolving living arrangements. Within types, the Online segment is rapidly outpacing its Offline counterpart, signaling a profound digital transformation in how rental properties are accessed and managed. Several restraining factors, such as stringent rental regulations in certain regions and economic uncertainties that can impact disposable income, may temper growth to some extent. However, these are largely offset by the dynamic market presence of key companies like CBRE Group, Colliers International, RE/MAX, and Marcus & Millichap, who are actively innovating and expanding their offerings. Geographic expansion and a focus on technology-driven solutions will be critical for these players to capitalize on the burgeoning opportunities across North America, Europe, Asia Pacific, and other emerging markets. The strong historical performance and projected CAGR indicate a resilient and expanding market. This report provides an in-depth analysis of the global Real Estate Rental market, offering valuable insights for stakeholders aiming to navigate this dynamic sector. The study spans from 2019 to 2033, with a base year of 2025. Key findings from the historical period (2019-2024) and projections for the forecast period (2025-2033) are meticulously detailed, allowing for strategic decision-making. The report's comprehensive coverage extends to various facets of the market, ensuring a holistic understanding for all users.

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Vacation Rental Market Size 2025-2029

The vacation rental market size is valued to increase USD 22 billion, at a CAGR of 4.1% from 2024 to 2029. Growing tourism industry and increasing popularity of short-term vacation rental properties will drive the vacation rental market.

Major Market Trends & Insights

Europe dominated the market and accounted for a 32% growth during the forecast period.
By Management - Managed by owners segment was valued at USD 48.50 billion in 2023
By Method - Offline segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 68.07 billion
Market Future Opportunities: USD 22.00 billion
CAGR : 4.1%
Europe: Largest market in 2023

Market Summary

The market encompasses the provision of short-term stays in residential properties, including houses, apartments, and homestays. This market is experiencing significant growth due to the expanding tourism industry and the increasing popularity of flexible accommodation options. According to recent data, the vacation rental sector is projected to account for over 20% of the global accommodations market share by 2025. Core technologies, such as instant booking features and digital payment systems, are revolutionizing the vacation rental industry, making it more accessible and convenient for travelers.
However, challenges persist, including the risks associated with fraudulent listings and the need for robust regulatory frameworks to ensure consumer protection. As the market continues to evolve, it presents numerous opportunities for innovation, particularly in the areas of personalized services and sustainable tourism practices.

What will be the Size of the Vacation Rental Market during the forecast period?

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How is the Vacation Rental Market Segmented and what are the key trends of market segmentation?

The vacation rental 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.

Management

  Managed by owners
  Professionally managed


Method

  Offline
  Online


Type

  Home
  Apartments
  Resort/Condominium
  Others


Geography

  North America

    US
    Canada


  Europe

    France
    Italy
    UK


  APAC

    China
    India
    Japan


  South America

    Brazil


  Rest of World (ROW)

By Management Insights

The managed by owners segment is estimated to witness significant growth during the forecast period.

The markets witness significant trends shaping their operations and growth. Automated check-in and check-out systems streamline the guest experience, reducing manual labor and increasing efficiency. Social media marketing plays a crucial role in attracting and engaging potential renters, with 55% of travelers using social media to plan their trips. Legal compliance requirements are essential for vacation rental businesses, with occupancy rate optimization and access control systems ensuring adherence to regulations. Property valuation methods and smart home technology enhance the value proposition for renters, while energy management systems contribute to cost savings and sustainability. Keyless entry systems and guest review management tools facilitate seamless communication and improve the guest experience.

Customer service automation, cleaning service scheduling, revenue management strategies, and property management software enable owners to optimize their operations and maximize revenue. Rental agreement templates, digital marketing strategies, online booking systems, maintenance request systems, booking calendar software, dynamic pricing models, and channel management platforms are essential tools for vacation rental businesses. Guest experience platforms, yield management techniques, rental income projections, search engine optimization, payment gateway integration, tax calculation software, guest data analytics, customer relationship management, fraud prevention measures, accounting software integration, housekeeping management systems, guest communication tools, pricing optimization algorithms, insurance policy management, security system integration, and performance tracking metrics are all integral components of the evolving the market.

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The Managed by owners segment was valued at USD 48.50 billion in 2019 and showed a gradual increase during the forecast period.

Industry growth is expected to be robust, with 32% of travelers expressing interest in vacation rentals as an alternative to hotels. Additionally, the adoption of technology in vacation rental businesses is projected to increase by 37% in the next five years (Source: Market Research). These trends underscore the import

Housing Rental Platform Market Outlook

The housing rental platform market has seen a significant uptick in recent years, with the global market size estimated at USD 22.6 billion in 2023. The market is projected to grow at a robust CAGR of 12.4% from 2024 to 2032, reaching an estimated USD 72.4 billion by 2032. This growth is propelled by a multitude of factors, including increased urbanization, digital transformation, and changing consumer behaviors towards renting versus owning property.

One of the primary growth factors driving the housing rental platform market is the increasing rate of urbanization across the globe. As more people migrate to urban areas in search of better job opportunities and improved living standards, the demand for rental housing increases. This shift is particularly evident in developing countries, where urban populations are expanding rapidly. Additionally, the growing trend of flexible living, especially among millennials and Gen Z, has contributed significantly to the surge in demand for rental properties. People are increasingly prioritizing experiences and flexibility over long-term commitments such as homeownership, further bolstering the rental market.

Another crucial factor is the rapid digital transformation taking place within the real estate sector. Traditional methods of finding rental properties through brokers or classified ads are being swiftly replaced by digital platforms that offer greater convenience, transparency, and efficiency. Housing rental platforms provide comprehensive listings, virtual tours, and streamlined application processes, making it easier for tenants to find suitable properties. Moreover, these platforms often include features like online payments and maintenance request systems, enhancing the overall user experience for both tenants and landlords.

Economic factors also play a significant role in the growth of the housing rental platform market. In many parts of the world, housing affordability remains a major issue, making renting a more viable option for a large segment of the population. Economic instability and rising property prices have led to an increase in the number of people opting to rent rather than buy homes. Additionally, the COVID-19 pandemic has underscored the importance of flexibility in living arrangements, further accelerating the shift towards rental housing.

In recent years, the emergence of Homestay Booking Platform has revolutionized the way people approach rental accommodations. These platforms offer a unique blend of personalized experiences and local immersion, attracting a wide range of travelers and renters. Unlike traditional rental options, homestay platforms provide users with the opportunity to stay in local homes, offering a more authentic and culturally rich experience. This trend is particularly appealing to millennials and Gen Z, who prioritize experiences over material possessions. As a result, homestay booking platforms have become a significant player in the housing rental market, contributing to its overall growth and diversification.

From a regional perspective, North America is expected to maintain a dominant position in the housing rental platform market. The region's advanced digital infrastructure, high internet penetration rates, and a large population of young professionals contribute to this dominance. In contrast, the Asia Pacific region is anticipated to witness the highest growth rate, driven by rapid urbanization, increased smartphone penetration, and rising disposable incomes. Europe is also a significant market, with a strong preference for renting in urban centers and a growing number of digital-savvy consumers.

Property Type Analysis

The housing rental platform market can be segmented based on property type into apartments, houses, condominiums, and others. The apartments segment holds the lion's share of the market due to the high demand for multi-family housing units in urban areas. Apartments are particularly popular among young professionals and students who prefer rental properties close to their workplaces or educational institutions. The convenience of amenities such as gyms, swimming pools, and security services offered by apartment complexes further enhances their appeal.

Houses form another significant segmen

The house price to rent ratio index in the U.S. declined in the second half of 2022 and remained stable until the end of 2024, indicating that house price growth slowed down compared to rental growth. At its peak, in the second quarter of 2022, the index stood at 140.5. House prices increased dramatically since the coronavirus pandemic. Meanwhile, rents have grown notably, but at a slower rate. What does the house price to rent ratio index measure? The house-price-to-rent-ratio measures the evolution of house prices compared to rents. It is calculated by dividing the median house price by the median annual rent. In this statistic, the values have been normalized with 100 equaling the 2015 ratio. Consequentially, a value under 100 means that rental rates have risen more than house prices. Compared to the OECD countries average, the gap between house prices and rents in the United States was wider. The house price to rent ratio in different countries The house price to rent ratio in the United Kingdom continued to increase in the second half of 2022, but growth softened, as the housing market cooled. On the other hand, the index in Germany fell drastically between the second quarter of 2022 and the second quarter of 2023. A similar trend was observed in France.

Description:

This dataset contains prices of New York houses, providing valuable insights into the real estate market in the region. It includes information such as broker titles, house types, prices, number of bedrooms and bathrooms, property square footage, addresses, state, administrative and local areas, street names, and geographical coordinates.

Key Features:

• BROKERTITLE: Title of the broker
• TYPE: Type of the house
• PRICE: Price of the house
• BEDS: Number of bedrooms
• BATH: Number of bathrooms
• PROPERTYSQFT: Square footage of the property
• ADDRESS: Full address of the house
• STATE: State of the house
• MAIN_ADDRESS: Main address information
• ADMINISTRATIVE_AREA_LEVEL_2: Administrative area level 2 information
• LOCALITY: Locality information
• SUBLOCALITY: Sublocality information
• STREET_NAME: Street name
• LONG_NAME: Long name
• FORMATTED_ADDRESS: Formatted address
• LATITUDE: Latitude coordinate of the house
• LONGITUDE: Longitude coordinate of the house

Potential Use Cases:

• Price analysis: Analyze the distribution of house prices to understand market trends and identify potential investment opportunities.
• Property size analysis: Explore the relationship between property square footage and prices to assess the value of different-sized houses.
• Location-based analysis: Investigate geographical patterns to identify areas with higher or lower property prices.
• Bedroom and bathroom trends: Analyze the impact of the number of bedrooms and bathrooms on house prices.
• Broker performance analysis: Evaluate the influence of different brokers on the pricing of houses.

If you find this dataset useful, your support through an upvote would be greatly appreciated ❤️🙂 Thank you

Vacation Rental Market is Segmented by by Property Type (Homes, Apartments, Resort / Condominium, and More), Booking Mode (Online Platforms, Direct-To-Owner Websites, and More), by Rental Duration (Short-Term (<7 Nights), and More), Traveller Type, Families, Couples, and More), Price Tier (Budget, Mid-Scale, and Luxury / Premium), and Geography. The Market Forecasts are Provided in Terms of Value (USD).

Luxury Rental Market size was valued at USD 19.5 Billion in 2023 and is projected to reach USD 30.11 Billion by 2031, growing at a CAGR of 6.4% during the forecast period 2024-2031.Global Luxury Rental Market DriversThe Luxury Rental Market is influenced by a variety of market drivers. Understanding these factors can provide insights into the dynamics of this sector. Here are some of the key drivers:Economic Conditions: The overall health of the economy plays a significant role. When the economy is strong, high-net-worth individuals (HNWIs) are more inclined to invest in luxury rental properties.Urbanization and Demographic Trends: Increasing urbanization, along with the influx of affluent individuals into major cities, drives demand for luxury rentals. Younger generations, including millennials and Gen Z, may prioritize flexible living arrangements.Global Luxury Rental Market RestraintsThe Luxury Rental Market is influenced by various factors that can act as market restraints. Some key market restraints include:Economic Conditions: Economic downturns or uncertainty can reduce disposable income and consumer confidence, leading to decreased demand for luxury rentals.High Competition: The Luxury Rental Market can become saturated with numerous options, making it challenging for property owners to differentiate their offerings and attract tenants.

The global house rental platform market is experiencing robust growth, driven by several key factors. Increased urbanization, a rise in global mobility (both for work and leisure), and the growing preference for flexible living arrangements are fueling demand for convenient and reliable online rental solutions. Technological advancements, including improved mobile applications and sophisticated search functionalities, are enhancing user experience and driving market penetration. The market is segmented by various factors, including rental type (short-term vs. long-term), property type (apartments, houses, etc.), and geographic region. While established players like Airbnb dominate the short-term rental segment, a multitude of platforms cater to long-term rentals, each vying for market share through innovative features and targeted marketing strategies. Competition is intense, with companies focusing on differentiation through unique value propositions, such as specialized services for students, expats, or corporate relocation. The market's growth is also influenced by regulatory changes related to short-term rentals in various cities and countries, impacting both business models and user behavior. We estimate the market size in 2025 to be $15 billion, based on reasonable extrapolations considering the mentioned players and market dynamics. This is expected to demonstrate a healthy Compound Annual Growth Rate (CAGR). Looking ahead, the house rental platform market is poised for continued expansion. The integration of advanced technologies, such as artificial intelligence (AI) for property matching and fraud detection, will improve efficiency and trust. Furthermore, the increasing adoption of subscription-based models and bundled services, such as property management and insurance, offers opportunities for value-added revenue streams. However, challenges remain, including the need to address concerns about security and safety for both renters and landlords. Maintaining data privacy and adhering to evolving regulatory frameworks in various jurisdictions will be critical for sustained growth. The long-term outlook for the market is positive, with a projected CAGR of approximately 12% from 2025 to 2033, driven by ongoing technological innovation and the evolving needs of the global rental market.

The long-term rental apartment market is experiencing robust growth, driven by several key factors. Increasing urbanization, coupled with a shift towards flexible living arrangements and a preference for convenience over homeownership, are fueling demand. Millennials and Gen Z, in particular, are driving this trend, opting for rental properties that offer amenities and services tailored to their lifestyle preferences. Technological advancements, such as online platforms for apartment searching and property management, are streamlining the rental process and contributing to market expansion. The market is segmented by property type (e.g., studios, one-bedrooms, multi-family units), location (urban vs. suburban), and rental price range. Competition is intensifying among established players and new entrants, leading to innovations in property design, management practices, and tenant services. This competitive landscape is beneficial to consumers, leading to improved quality and more diverse rental options. Despite the strong growth trajectory, several challenges remain. Inflationary pressures, increasing construction costs, and potential interest rate fluctuations can influence market dynamics. Regulations and policies related to rent control and tenant rights also play a significant role. Furthermore, maintaining sustainable occupancy rates and managing property maintenance effectively are crucial for successful operations in this market. The long-term outlook remains positive, driven by persistent underlying demographic shifts and the ongoing appeal of rental living, although cyclical economic factors will continue to exert influence on investment and growth. We project continued steady growth, albeit with potential moderation based on macroeconomic conditions.

The median rent for one- and two-bedroom apartments in Los Angeles, California, amounted to about 2,057 U.S. dollars in January 2025. Rents soared during the COVID-19 pandemic, with rental growth hitting 16.5 percent in March 2022. This trend has since reversed, with growth turning negative in May 2023. Among the different states in the U.S., California ranks as the second most expensive rental market after Hawaii.

The global housing rental service market is experiencing robust growth, driven by factors such as increasing urbanization, changing lifestyle preferences, and the rise of the gig economy. The market, valued at approximately $2 trillion in 2025, is projected to exhibit a Compound Annual Growth Rate (CAGR) of 7% from 2025 to 2033. This significant expansion is fueled by several key trends, including the growing popularity of short-term rentals facilitated by platforms like Airbnb and VRBO, the increasing demand for flexible lease options catering to transient populations, and the emergence of innovative property management technologies enhancing efficiency and tenant experience. The market segmentation reveals a significant share held by the long-term lease segment, driven by stable rental income and predictable cash flows, while the short-term rental segment is witnessing rapid growth, propelled by the tourism and business travel sectors. Furthermore, the commercial segment is expanding, reflecting the growing need for flexible workspace solutions. Geographic distribution shows strong performance in North America and Europe, with emerging markets in Asia-Pacific presenting significant growth opportunities. However, the market faces certain restraints, including fluctuating interest rates impacting mortgage costs, potential regulatory changes affecting short-term rentals, and the challenges of maintaining consistent property standards across diverse portfolios. Despite these challenges, the long-term outlook for the housing rental service market remains positive, driven by continuous technological advancements, evolving consumer preferences, and the persistent demand for housing in rapidly urbanizing regions. Key players in the market, including Invitation Homes, Blueground, and Vacasa, are actively innovating to meet these changing demands and capitalize on growth opportunities within different segments and geographic regions. Strategic acquisitions, technological integrations, and expansion into new markets are crucial strategies for sustained success within this dynamic sector.

Mid-Term Rental Market Outlook

According to our latest research, the global mid-term rental market size reached USD 74.8 billion in 2024, with a robust compound annual growth rate (CAGR) of 7.1% projected from 2025 to 2033. By the end of 2033, the market is forecasted to attain a value of USD 139.5 billion. The market’s expansion is driven by the increasing demand for flexible and affordable housing solutions, particularly among mobile professionals, students, and expatriates, as well as the digital transformation of the real estate sector.

A significant growth factor for the mid-term rental market is the evolving nature of work and study, with more individuals seeking temporary housing solutions due to remote work, project-based assignments, and academic programs. The rise of digital nomadism and cross-border employment opportunities has led to a surge in demand for rentals spanning one to twelve months. Corporations are increasingly leveraging mid-term rentals to accommodate relocating employees, project teams, and consultants, while educational institutions are partnering with property providers to offer flexible housing to students and visiting faculty. These trends are further amplified by the global mobility of talent and the need for cost-effective, hassle-free accommodation options.

Another major driver is the technological transformation within the real estate industry. The proliferation of online booking platforms has revolutionized the way mid-term rentals are marketed, discovered, and managed. Platforms offering seamless search, virtual tours, secure payment gateways, and transparent reviews have significantly enhanced user experience and trust. Property owners, managers, and agencies are leveraging data analytics and digital tools to optimize occupancy rates, pricing strategies, and customer engagement. This digital shift has also enabled greater market penetration in emerging economies, where tech-savvy younger populations are increasingly opting for mid-term rentals over traditional long-term leases or short-term stays.

Urbanization and shifting lifestyle preferences are further propelling the mid-term rental market. In densely populated cities, high real estate prices and limited availability of long-term rentals have made mid-term options attractive for a wide demographic, including young professionals, students, and families in transition. The growing appeal of flexible living arrangements, coupled with the desire for fully furnished and serviced accommodations, has spurred innovation in property offerings. Developers and investors are responding by converting existing properties into mid-term rental units, integrating amenities such as coworking spaces, gyms, and communal areas to cater to the evolving needs of tenants.

From a regional perspective, North America and Europe continue to dominate the mid-term rental market, accounting for over 60% of the global share in 2024. However, Asia Pacific is emerging as the fastest-growing region, with a CAGR expected to surpass 8.5% during the forecast period. This growth is fueled by rapid urbanization, expanding expatriate communities, and increasing cross-border academic and professional exchanges. Meanwhile, Latin America and the Middle East & Africa are witnessing steady growth as digital platforms break down barriers to entry and local governments introduce supportive policies to attract international talent and investment.

Property Type Analysis

The mid-term rental market’s segmentation by property type reveals a dynamic landscape shaped by diverse tenant preferences and evolving urban infrastructure. Apartments remain the most popular choice, capturing the largest market share due to their availability, affordability, and adaptability to various tenant profiles. Apartments appeal to both individuals and corporate clients seeking furnished, centrally located accommodations with amenities such as security, maintenance, and easy access to public transport. The adaptability of apartments to short to medium durations makes them a preferred option for students, professionals, and expatriates alike, driving consistent demand across metropolitan areas.

Houses occupy a significant niche within the mid-term rental market, particularly among families and groups requiring more space, privacy, and a homelike environment. Ho

Median monthly rental prices for the private rental market in England by bedroom category, region and administrative area, calculated using data from the Valuation Office Agency and Office for National Statistics.

The US residential real estate market, a significant component of the global market, is characterized by a moderate but steady growth trajectory. With a projected Compound Annual Growth Rate (CAGR) of 2.04% from 2025 to 2033, the market demonstrates resilience despite fluctuating economic conditions. The 2025 market size, while not explicitly provided, can be reasonably estimated based on available data and considering recent market trends. Assuming a continuation of the observed growth pattern in preceding years, a substantial market value in the trillions is plausible. Key drivers include sustained population growth, particularly in urban areas, increasing household formations among millennials and Gen Z, and ongoing demand for both rental properties (apartments and condominiums) and owner-occupied homes (landed houses and villas). However, challenges persist, including rising interest rates which impact affordability, supply chain constraints affecting new construction, and the potential for macroeconomic shifts to influence buyer confidence. Segmentation analysis highlights the varying performance across property types, with apartments and condominiums potentially experiencing higher demand in urban centers while landed houses and villas appeal to a different demographic profile and geographic distribution. The competitive landscape includes a mix of large publicly traded real estate investment trusts (REITs) like AvalonBay Communities and Equity Residential, regional developers like Mill Creek Residential, and established brokerage firms such as RE/MAX and Keller Williams Realty Inc., all vying for market share within distinct segments. The geographical distribution of the market shows significant concentration within North America, particularly in the US, reflecting established infrastructure, economic stability, and favorable regulatory environments. While other regions like Europe and Asia-Pacific contribute to the global market, the US continues to be a dominant force. The forecast period (2025-2033) suggests continued expansion, albeit at a moderate pace, indicating a relatively stable and mature market that remains attractive for investment and development. Future growth hinges upon addressing affordability concerns, navigating fluctuating interest rates, and managing supply-demand dynamics to ensure sustainable market expansion. Government policies influencing housing affordability and construction regulations will play a crucial role in shaping the future trajectory of the US residential real estate sector. Recent developments include: May 2022: Resource REIT Inc. completed the sale of all of its outstanding shares of common stock to Blackstone Real Estate Income Trust Inc. for USD 14.75 per share in an all-cash deal valued at USD 3.7 billion, including the assumption of the REIT's debt., February 2022: The largest owner of commercial real estate in the world and private equity company Blackstone is growing its portfolio of residential rentals and commercial properties in the United States. The company revealed that it would shell out about USD 6 billion to buy Preferred Apartment Communities, an Atlanta-based real estate investment trust that owns 44 multifamily communities and roughly 12,000 homes in the Southeast, mostly in Atlanta, Nashville, Charlotte, North Carolina, and the Florida cities of Jacksonville, Orlando, and Tampa.. Notable trends are: Existing Home Sales Witnessing Strong Growth.

The property listings dataset contains information about real estate properties available for sale or rent in Brazil. It includes details such as property type (apartment, house, commercial property), location (city, neighborhood), size (square footage, number of rooms), price, amenities, and contact information for the property owner or real estate agent. This dataset can be used for market analysis, property valuation, and identifying trends in the real estate market.

Sales and Rental Prices Dataset: The sales and rental prices dataset provides information about the prices of real estate properties in Brazil. It includes data on property transactions, including sale prices and rental prices per square meter or per month. This dataset can be used to analyze price trends, compare property prices across different regions, and identify areas with high or low real estate market demand.

Property Characteristics Dataset: The property characteristics dataset contains detailed information about the features and attributes of real estate properties. It includes data such as the number of bedrooms, bathrooms, parking spaces, floor plan, construction year, building amenities, and property condition. This dataset can be used for property classification, identifying popular property features, and evaluating property quality.

Geographical Data: Geographical data includes information about the location and spatial features of real estate properties in Brazil. It can include data such as latitude and longitude coordinates, zoning information, proximity to amenities (schools, hospitals, parks), and neighborhood demographics. This dataset can be used for spatial analysis, identifying hotspots or desirable locations, and understanding the neighborhood characteristics.

Property Market Trends Dataset: The property market trends dataset provides information about market conditions and trends in the real estate sector in Brazil. It includes data such as the number of property listings, average time on the market, price fluctuations, mortgage interest rates, and economic indicators that impact the real estate market. This dataset can be used for market forecasting, understanding market dynamics, and making informed investment decisions.

Real Estate Regulatory Data: Real estate regulatory data includes information about legal and regulatory aspects of the real estate sector in Brazil. It can include data on property ownership, property taxes, zoning regulations, building permits, and legal restrictions on property transactions. This dataset can be used for legal compliance, understanding property ownership rights, and assessing the legal framework for real estate transactions.

Historical Data: Historical real estate data includes past records and trends of property prices, market conditions, and sales volumes in Brazil. This dataset can span several years and can be used to analyze long-term market trends, compare current market conditions with historical data, and assess the performance of the real estate market over time.

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Short Term Vacation Rental Market Size 2025-2029

The short term vacation rental market size is forecast to increase by USD 114.1 billion, at a CAGR of 13.5% between 2024 and 2029.

The market is experiencing significant growth, driven by the expanding tourism industry and the increasing popularity of alternative accommodation options. Travelers seek flexibility, convenience, and unique experiences, making short term rentals an attractive choice over traditional and boutique hotels. Technological advancements further enhance the market's appeal, with digital platforms simplifying the booking process and offering personalized recommendations based on traveler preferences. However, the market faces challenges in ensuring consistent quality across vacation rental properties. The lack of standardization and regulation can lead to inconsistencies in the guest experience, potentially impacting customer satisfaction and brand reputation.
Addressing this challenge requires a commitment to quality assurance, from property maintenance and cleanliness to guest communication and support. Companies that prioritize these aspects and leverage technology to streamline operations will capitalize on the market's opportunities while navigating challenges effectively.

What will be the Size of the Short Term Vacation Rental Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The short-term rental market continues to evolve, with dynamic pricing strategies shaping the landscape. Property managers employ guest management systems to optimize operations, while digital marketing and channel management tools expand reach. Email marketing and social media platforms engage guests, driving direct bookings. Property valuation relies on data analysis, including occupancy rates and revenue management. Seasonal demand influences pricing, with peak seasons offering higher yields. Energy efficiency and green initiatives attract eco-conscious travelers, while luxury rentals cater to affluent guests.

Amenities, from smart home technology to concierge services, enhance the guest experience. Calendar synchronization ensures seamless booking and maintenance services maintain property condition. Legal compliance remains crucial, with security systems and yield management tools addressing safety and revenue optimization. Budget rentals and cabin rentals cater to diverse markets, expanding the market's reach. Overall, the short-term rental market's continuous evolution reflects the industry's adaptability and innovation.

How is this Short Term Vacation Rental Industry segmented?

The short term vacation rental 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

  Offline
  Online


Management

  Managed by owners
  Professionally managed


Type

  Apartments and condominiums
  Villas and luxury homes
  Cottages and cabins
  Resorts and bungalows
  Others


Location

  Urban
  Rural
  Coastal
  Mountain


Traveler Type

  Leisure Travelers
  Business Travelers
  Families


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    The Netherlands
    UK


  APAC

    China
    Japan


  Rest of World (ROW)

By Mode Of Booking Insights

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

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The Offline segment was valued at USD 87.10 billion in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

Europe is estimated to contribute 32% 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 European the market is experiencing growth due to the rising demand for travel and unique experiences. Travelers seek more personalized accommodations, leading to the popularity of short term rentals over traditional hotels. Weekend getaways and city breaks align with the trend of experiential travel, further fueling market growth. Short term rentals offer flexible options and can be cost-effective for families or groups. Pricing strategies, such as dynamic pricing and seasonal demand, influence rental income. Guest management systems, email marketing, and channel management help optimize bookings. Operating expenses include cleaning services, maintenance, and property management software. Energy efficiency and green initiatives are essential property amenities.

Smart home technology enhances the guest experience, while calendar synchronization and inve

Build-to-Rent Housing Market Outlook

As per our latest research, the global Build-to-Rent (BTR) housing market size reached USD 74.3 billion in 2024, reflecting a robust expansion driven by rising demand for professionally managed rental communities. The market is projected to grow at a CAGR of 10.1% from 2025 to 2033, reaching an estimated USD 192.2 billion by 2033. This impressive growth trajectory is primarily fueled by evolving lifestyle preferences, increasing urbanization, and a shift in housing affordability, which are collectively redefining the residential real estate landscape worldwide.

One of the most significant growth factors for the Build-to-Rent housing market is the changing demographic profile of urban populations. Young professionals and millennials increasingly prioritize flexibility and convenience over homeownership, leading to a surge in demand for rental properties that offer modern amenities and community-centric living. The BTR model, with its professionally managed services, maintenance support, and enhanced communal facilities, appeals strongly to this demographic. Additionally, the growing number of digital nomads and remote workers is further amplifying the need for adaptable, high-quality rental housing, particularly in metropolitan areas and emerging urban centers.

Another major driver for the Build-to-Rent housing market is the ongoing affordability crisis in many global cities. Escalating property prices and stringent mortgage requirements have made homeownership unattainable for a significant portion of the population, especially in North America and Europe. As a result, institutional investors and real estate developers are capitalizing on this opportunity by expanding their BTR portfolios. The stable, long-term rental income streams offered by BTR assets are particularly attractive to pension funds, insurance companies, and private equity firms seeking diversification and resilience in their investment portfolios.

Technological advancements and innovation in construction methods are also catalyzing the growth of the Build-to-Rent housing market. The adoption of modular and prefabricated construction techniques is enabling developers to accelerate project timelines, reduce costs, and improve sustainability outcomes. These methods are particularly suited to the BTR model, where speed to market and operational efficiency are critical. Furthermore, the integration of smart home technologies and digital management platforms is enhancing tenant experiences and operational transparency, thereby increasing the appeal of BTR properties to both residents and investors.

Regionally, North America and Europe continue to dominate the Build-to-Rent housing market, accounting for a combined market share of over 65% in 2024. However, Asia Pacific is emerging as a high-growth region, driven by rapid urbanization, rising middle-class populations, and supportive government policies. Latin America and the Middle East & Africa are also witnessing growing interest in the BTR model, particularly in gateway cities with expanding expatriate communities and young workforces. The regional outlook for the BTR market remains highly positive, underpinned by favorable demographic trends and increasing investor appetite for income-generating real estate assets.

Property Type Analysis

The Build-to-Rent housing market is segmented by property type into single-family homes, multi-family apartments, townhouses, and others. Among these, multi-family apartments currently hold the largest market share, accounting for over 55% of the global BTR inventory in 2024. The preference for multi-family developments is rooted in their efficient land use, scalability, and ability to offer a wide array of amenities such as gyms, co-working spaces, and communal lounges. These features are highly attractive to young professionals and urban dwellers seeking community engagement and convenience. Furthermore, mul