Residential real estate transactions saw both a decline as well as an increase during the coronavirus pandemic in 2020, depending on the country. In Denmark, for example, property sales increased by over seven percent year-on-year in the second quarter of 2020. This was in stark contrast to the United Kingdom, where provisional and non-seasonal data suggested the country saw one of its largest drops in housing transactions since 2009. Some countries, on the other hand, already witnessed a decrease in their transactions before COVID-19 hit Europe. The housing trade inFrance, for example, suffered a large decrease in the first quarter of 2020, right before quarantine measures were enforced. Data for Germany, on the other hand, suggested that its housing market was still growing before the lockdown. Whether this was still the case in 2020 remains to be seen.

In the third quarter of 2020, detached homes saw the highest increase in the number of agreed sales in the residential real estate market in the United Kingdom (UK). After months of lockdown, home buyer interest towards rural living and larger homes with more than three bedrooms also grew and the number of sales agreed for these types of properties rose by 47 and 31 percent respectively.

House prices in the UK rose dramatically during the coronavirus pandemic, with growth slowing down in 2022 and turning negative in 2023. The year-on-year annual house price change peaked at 14 percent in July 2022. In June 2024, house prices increased by 2.7 percent. According to the Nationwide Building Society, the average house price exceeded 265,000 British pounds in 2022. Correction in housing prices: a European phenomenon The trend of a growing residential real estate market was not exclusive to the UK during the pandemic. Likewise, many European countries experienced falling prices in 2023. When comparing residential property RHPI (price index in real terms, e.g. corrected for inflation), countries such as Germany, France, Italy, and Spain also saw prices decline. Sweden, one of the countries with the fastest growing residential markets, saw one of the largest declines in prices. How has demand for UK housing changed since the outbreak of the coronavirus? The easing of the lockdown was followed by a dramatic increase in home sales. In November 2020, the number of mortgage approvals reached an all-time high of over 107,000. One of the reasons for the housing boom were the low mortgage rates, allowing home buyers to take out a loan with an interest rate as low as 2.5 percent. That changed as the Bank of England started to raise the base lending rate, resulting in higher borrowing costs and a decline in homebuyer sentiment.

Revenue for the Real Estate Development and Management industry in China is expected to decrease at a CAGR of 3.9% over the five years through 2024. This trend includes an expected decrease of 2.3% 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 real estate development and management industry, and some sales offices have been forced to close temporarily. In 2022, the sales area of commercial housing decreased by 24.3%, and the sales of commercial housing decreased significantly by 29.8%.Industry revenue will recover at an annualized 3.4% over the five years through 2029. 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 growth of the online short-term rental market, facilitated by platforms such as Airbnb, has added to pressure on cities’ housing supply. Without detailed data on activity levels, it is difficult to design and evaluate appropriate policy interventions. Up until now, the data sources and methods used to derive activity measures have not provided the detail and rigour needed to robustly carry out these tasks. This paper demonstrates an approach based on daily scrapes of the calendars of Airbnb listings. We provide a systematic interpretation of types of calendar activity derived from these scrapes and define a set of indicators of listing activity levels. We exploit a unique period in short-term rental markets during the UK’s first COVID-19 lockdown to demonstrate the value of this approach.

To contain the spread of the coronavirus (COVID-19), on March 23, 2020, a number of restrictions were implemented in the United Kingdom (UK). The population was urged to stay and work from home. Many retailers deemed non-essential had to temporarily suspend their operations. The disruption of activity is a serious threat to the survival of businesses in the retail sector and thus, could have a knock-on effect on the commercial real estate sector. A little over 27 percent of retail and leisure market units were eligible to remain open. Out-of-town retail and leisure units remaining open were almost one third of all units in the respective market and over 60 percent of the real estate area in the respective market.

Plumbing, heating and air conditioning installation revenue is forecast to dip at a compound annual rate of 2.7% over the five years through 2024 to €219.1 billion. Weak economic conditions since the COVID-19 outbreak and restrictions at the height of the pandemic resulted in the cancellation and postponement of many projects, especially in the commercial market, as customers sought to conserve cash. Despite the easing of lockdown restrictions, significant inflationary pressures have continued to plague revenue opportunities, as retaliatory hikes to the base rate by central banks have caused the cost of borrowing to soar, restricting new investment into construction. In 2024, inflated interest rates are expected to continue to weigh on the housing market, contributing to weaker house prices and hindering demand from residential property developers. Nonetheless, demand from infrastructure construction and utility companies will remain resilient due to the essential nature of plumbing and HVAC systems. This will also keep demand for repair and maintenance services from the commercial market fairly strong, especially where these systems are business-critical. Still, revenue is forecast to decline by 3.8% in 2024. Over the five years through 2029, revenue is forecast to expand at a compound annual rate of 1.5% to €236.2 billion. Easing inflationary pressures will translate into recovering economic sentiment, supporting renewed demand from commercial and residential clients alike. Continue public investment into infrastructure projects and public buildings, like schools and hospitals, will also support demand for plumbing and HVAC installation services. The provision of repair and maintenance services is also slated to remain healthy.

Following the coronavirus (COVID-19) pandemic lockdown, the time to sell a property increased to the record 88 days in May 2020. Nevertheless, it quickly fell after the measures were eased and property buyer demand increased. Since the beginning of 2021, the average number of days on market has continued falling in October 2022, it took on average 40 days to sell a property.

According to Cognitive Market Research, the global Alarm Monitoring market size is USD 57158.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 6.80% from 2024 to 2031.

North America held the major market of more than 40% of the global revenue with a market size of USD 22863.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.0% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 17147.46 million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 13146.39 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.8% from 2024 to 2031.
Latin America market of more than 5% of the global revenue with a market size of USD 2857.91 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2031.
Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 1143.16 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.5% from 2024 to 2031.
The 500 to 3,000 held the highest Alarm Monitoring market revenue share in 2024.

Market Dynamics of Alarm Monitoring Market

Key Drivers for Alarm Monitoring Market

Increasing Crime Rates to Increase the Demand Globally

Perceptions or actual increases in crime rates frequently drive demand for security systems and alarm monitoring services. Individuals and businesses emphasize property security due to increased safety concerns. This heightened knowledge of potential risks encourages investment in monitoring devices to protect residential and commercial buildings. Whether motivated by media stories or personal experiences, consumers seek out reputable alarm monitoring services when they feel a need for improved security solutions. As a result, suppliers in the security business are seeing an increase in clientele as clients prioritize peace of mind and proactive measures to prevent illegal behavior.

Rising Adoption of Smart Home Technologies to Propel Market Growth

The growing use of smart home technology creates a fertile environment for integrated security systems. With the growth of smart devices like locks, cameras, and sensors, alarm monitoring services may easily integrate into these ecosystems. This integration provides users with a complete and user-friendly security solution, allowing them to remotely monitor and control numerous aspects of their home security from a single interface. Connecting alarm monitoring to smart devices provides homeowners with increased convenience, customisation, and peace of mind by allowing them to get real-time warnings and respond quickly to any security concerns. This development not only improves the effectiveness of security measures, but it also represents changing tastes for technologically advanced and integrated solutions for home safety.

Restraint Factor for the Alarm Monitoring Market

High Cost of Installation and Monitoring Services to Limit the Sales

The high initial costs associated with installing an alarm system, combined with the continuous price of monitoring services, can be considerable hurdles, particularly for budget-conscious consumers. Potential clients are frequently discouraged from choosing security solutions due to the initial cost required for equipment purchase and professional installation. Furthermore, ongoing expenses for monitoring services might put a pressure on already tight budgets. For many, the perceived value of increased security may not worth the financial cost. As a result, some people may choose less expensive or alternative security solutions, exposing their homes or companies to risk. Addressing these cost issues through flexible pricing models, rebates, or more cheap solutions may help to increase access to dependable security systems and monitoring services for a wider audience.

Impact of Covid-19 on the Alarm Monitoring Market

The COVID-19 epidemic has had varying effects on the alarm monitoring market. Initially, lockdown measures and economic uncertainty slowed demand as businesses and homes postponed security system installations. However, as remote work and concerns about property safety became more prevalent, demand for alarm monitoring services surged. Businesses sought to protect vacant workplaces, while homeowners aimed to secure their homes during extended absences. Furthermore, the pandemic has expedit...

Plumbing, heating and air conditioning installation revenue is forecast to dip at a compound annual rate of 2.7% over the five years through 2024 to €219.1 billion. Weak economic conditions since the COVID-19 outbreak and restrictions at the height of the pandemic resulted in the cancellation and postponement of many projects, especially in the commercial market, as customers sought to conserve cash. Despite the easing of lockdown restrictions, significant inflationary pressures have continued to plague revenue opportunities, as retaliatory hikes to the base rate by central banks have caused the cost of borrowing to soar, restricting new investment into construction. In 2024, inflated interest rates are expected to continue to weigh on the housing market, contributing to weaker house prices and hindering demand from residential property developers. Nonetheless, demand from infrastructure construction and utility companies will remain resilient due to the essential nature of plumbing and HVAC systems. This will also keep demand for repair and maintenance services from the commercial market fairly strong, especially where these systems are business-critical. Still, revenue is forecast to decline by 3.8% in 2024. Over the five years through 2029, revenue is forecast to expand at a compound annual rate of 1.5% to €236.2 billion. Easing inflationary pressures will translate into recovering economic sentiment, supporting renewed demand from commercial and residential clients alike. Continue public investment into infrastructure projects and public buildings, like schools and hospitals, will also support demand for plumbing and HVAC installation services. The provision of repair and maintenance services is also slated to remain healthy.

From 1 April 2018, LTT replaced Stamp Duty Land Tax (SDLT) on residential and non-residential property and land interests purchased in Wales. The tax rates and tax bands for LTT vary depending on the type of transaction. Taxpayers must notify the WRA of all land transactions with a value above £40,000. There are also circumstances where certain lease transactions are not notifiable if they are less than 7 years in duration. When filing an LTT return, the organisation paying the return has 30 days after the effective date to submit and pay the return. This dataset includes estimates of LTT notifiable transactions received by the WRA by the close of 20 January 2025. Care should be taken with any comparisons over time which involve data from spring 2020 to summer 2021. This is due to the coronavirus (COVID-19) pandemic and changes to LTT rates. A national lockdown on 23 March 2020 resulted in the housing market being mainly closed from this date until 22 June 2020 when it partially re-opened. The market was re-opened more fully on 27 July, to coincide with a change in LTT rates effective until 30 June 2021. There is evidence some purchasers may have brought their transactions forward to June 2021 to benefit from the temporary tax reduction. There were some changes to LTT rates effective from 22 December 2020. Non-residential transactions and higher rates residential transactions were affected. The main residential rates and bands for Land Transaction changed for transactions effective after 10 October 2022. The dataset focuses on the transactions subject to a relief only and includes a breakdown by: - relief type: the four main categories of relief plus an ‘other’ category making up the rest - transaction type: residential, non-residential - transaction description: conveyance / transfer of ownership, granting a new lease, assignment of lease - impact on tax due: yes, no - measure: number of transactions, estimates of the value of tax relieved due, and the tax due on the transactions - effective quarter and year Reliefs can be claimed on both residential and non-residential properties. Reliefs reduce the amount of tax due when certain conditions are met. Multiple reliefs can be applied to a single transaction and reliefs may reduce the tax due to zero (known as a full relief) or by a certain percentage or amount (known as a partial relief). Previously, we excluded linked and relieved transactions from this dataset. This was so that we could carry out further analysis on these transactions. We have now carried out this analysis and have a reasonable level of confidence in the quality of these data. We have now added linked and relieved transactions into this dataset, revising all data back to April 2018. This has added around 60 to 70 relieved transactions each quarter, and an average of £4 million to £5 million each quarter in reliefs. Reliefs are sometimes claimed where they have no impact on the tax due. These can be viewed separately in this dataset and many of them have been reported unnecessarily by the organisations completing the tax returns. As an example, some of these apply to low value residential transactions. Indications are that they are due to a perceived but mistaken need to claim first time buyer relief (which applies for the predecessor tax, but not to Land Transaction Tax). This is known following queries raised with several agents asking why tax reliefs have been claimed where there is no impact on value of the tax. Further information about this category of reliefs is provided in the example 4 in the key quality information found in the weblinks. That example also describes some adjustments that have been made to more correctly identify the value of tax relieved associated with these transactions. Further adjustments are expected in future, and so the numbers shown here for reliefs where there is no impact on tax due are likely to be revised in future.

The U.S. reconstituted wood product market is estimated at approx. $12B. Over May-June 2020, the production and imports recovered from the lockdown-related drop and continued to grow. It is driven by rapidly growing suburban construction and the related need to equip homes with furniture. Should the pandemic wane in 2021, the market is to continue measured growth.

Flat glass and glass products are key materials throughout downstream industrial and construction markets, with glass bottles and containers also widely used by food and beverage manufacturers. Glassmakers across Europe rely on activity in these downstream markets, with high fixed costs associated with glass production dictating that small changes in output can substantially impact profitability. Revenue is forecast to decline at a compound annual rate of 5.3% to £72.5 billion over the five years through 2024. Glassmakers have endured a difficult period in recent years, starting with the pandemic, when operational disruption was compounded by the impact of lockdown measures on key downstream industrial markets to spur a reduction in output. Following the easing of pandemic-related restrictions, glassmakers reaped the rewards of the release of pent-up demand in downstream markets, though keeping pace with the sudden jump in demand remained a challenge. Such excesses in demand were symptomatic of the wider industry and the economy as a whole, with key raw materials proving harder to come by and energy prices spiking as natural gas reserves were depleted. Russia’s invasion of Ukraine has exacerbated cost increases, with soaring natural gas prices leading to significant price hikes among glassmakers in 2022 as they sought to maintain output amid unsustainable cost increases. Despite easing, cost pressures remain as the war in Ukraine rumbles, maintaining high prices. A widespread economic slowdown across the continent has added to difficulties faced by glassmakers, with the effects of reduced downstream industrial production activity damaging demand. Industry revenue is expected to drop by 2.7% in 2024. Demand conditions are likely to remain sluggish in the short term, albeit despite picking up as economic growth slowly gathers pace. Revenue is forecast to rise at a compound annual rate of 3.3% to £85.2 billion over the five years through 2029. Natural gas prices will remain high and potentially volatile until the Russia-Ukraine is resolved, threatening to plunge glassmakers back into crisis. More stringent building efficiency standards and efforts to tackle housing shortages in key downstream construction markets, including the UK, France and Germany, boost demand prospects from downstream construction markets.

According to Cognitive Market Research, the global Decorative Paint market size is USD XX million in 2024. It will expand at a compound annual growth rate (CAGR) of 5.00% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD XX million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.00% from 2024 to 2031.
Latin America had a market share for more than 5% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031.
The Water Based Decorative Paints held the highest Decorative Paint market revenue share in 2024.

Market Dynamics of Decorative Paint Market

Key Drivers for Decorative Paint Market

Rise in Construction Activities to Increase the Demand Globally

The surge in construction sports, in particular in residential and business sectors, drives the call for ornamental paints. With new homes and upkeep projects at the upward thrust, there's a constant want for a number of paint kinds. This burgeoning creation industry creates opportunities for paint producers and suppliers to cater to diverse possibilities and necessities. The demand for decorative paints not simplest stems from the necessity to protect surfaces but also from the desire to decorate aesthetics and create appealing environments. As construction sports continue to flourish, the market for ornamental paints remains robust, reflecting the ongoing increase in the creation region.

Urbanization and Growing Disposable Income to Propel Market Growth

Urbanization worldwide spurs the introduction of the latest housing units and infrastructure. Concurrently, increasing disposable earnings empower people to spend money on renovating and enhancing their living spaces. This fashion propels the demand for ornamental paints, as humans are looking to customize and enhance their homes and offices. With city populations increasing unexpectedly, the want for cultured improvements in both residential and commercial houses intensifies. Rising incomes come with money for clients and the possibility of discovering a much broader range of paint alternatives, consisting of premium and specialized merchandise, further stimulating the marketplace boom. Consequently, the intersection of urbanization and developing disposable income fuels a sustained demand for ornamental paints, supplying big possibilities for producers and suppliers in the enterprise.

Restraint Factor for the Decorative Paint Market

Fluctuating Raw Material Prices to Limit the Sales

The fluctuation in raw cloth charges, such as pigments, resins, and solvents, poses a substantial assignment for decorative paint manufacturers. These versions can, without delay, have an impact on manufacturing prices, compelling producers to regulate charges consequently. Consequently, consumers might also enjoy fluctuations in the price of ornamental paints, potentially impacting their buying choices. To mitigate these challenges, manufacturers often put in force techniques consisting of stock control, hedging, or looking for alternative suppliers. Additionally, investments in studies and improvement to create greater price-effective formulations or sustainable sourcing practices can assist in buffering the effect of uncooked fabric rate fluctuations. Despite these demanding situations, proactive control and strategic planning permit producers to navigate the complexities of fluctuating uncooked material costs even while preserving competitiveness within the marketplace.

Impact of Covid-19 on the Decorative Paint Market

The COVID-19 pandemic drastically impacted the ornamental paint market. Lockdown measures and financial uncertainties caused disruptions in production sports and client spending. Regulations on movement and business operations call for decorative paints to be skilled...

The number of monthly mortgage approvals for home purchase in the United Kingdom (UK) peaked at nearly 108,000 approvals in November 2020, after falling to record low levels at the beginning of the coronavirus pandemic in the second quarter of the year. The spike was due to the easing of the first lockdown and a rise in the demand for housing. In 2022, the housing market started to cool, resulting in a falling number of mortgage approvals. In August 2024, there were 65,647 mortgage approvals. Remortgaging approvals followed a similar trend.

Flat glass and glass products are key materials throughout downstream industrial and construction markets, with glass bottles and containers also widely used by food and beverage manufacturers. Glassmakers across Europe rely on activity in these downstream markets, with high fixed costs associated with glass production dictating that small changes in output can substantially impact profitability. Revenue is forecast to decline at a compound annual rate of 5.3% to £72.5 billion over the five years through 2024. Glassmakers have endured a difficult period in recent years, starting with the pandemic, when operational disruption was compounded by the impact of lockdown measures on key downstream industrial markets to spur a reduction in output. Following the easing of pandemic-related restrictions, glassmakers reaped the rewards of the release of pent-up demand in downstream markets, though keeping pace with the sudden jump in demand remained a challenge. Such excesses in demand were symptomatic of the wider industry and the economy as a whole, with key raw materials proving harder to come by and energy prices spiking as natural gas reserves were depleted. Russia’s invasion of Ukraine has exacerbated cost increases, with soaring natural gas prices leading to significant price hikes among glassmakers in 2022 as they sought to maintain output amid unsustainable cost increases. Despite easing, cost pressures remain as the war in Ukraine rumbles, maintaining high prices. A widespread economic slowdown across the continent has added to difficulties faced by glassmakers, with the effects of reduced downstream industrial production activity damaging demand. Industry revenue is expected to drop by 2.7% in 2024. Demand conditions are likely to remain sluggish in the short term, albeit despite picking up as economic growth slowly gathers pace. Revenue is forecast to rise at a compound annual rate of 3.3% to £85.2 billion over the five years through 2029. Natural gas prices will remain high and potentially volatile until the Russia-Ukraine is resolved, threatening to plunge glassmakers back into crisis. More stringent building efficiency standards and efforts to tackle housing shortages in key downstream construction markets, including the UK, France and Germany, boost demand prospects from downstream construction markets.