Housing Starts in the United States increased to 1321 Thousand units in June from 1263 Thousand units in May of 2025. This dataset provides the latest reported value for - United States Housing Starts - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Housing Index in Tunisia increased to 147.60 points in the fourth quarter of 2021 from 146.70 points in the third quarter of 2021. This dataset provides - Tunisia Housing Index- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The average Canadian house price declined slightly in 2023, after four years of consecutive growth. The average house price stood at ******* Canadian dollars in 2023 and was forecast to reach ******* Canadian dollars by 2026. Home sales on the rise The number of housing units sold is also set to increase over the two-year period. From ******* units sold, the annual number of home sales in the country is expected to rise to ******* in 2025. British Columbia and Ontario have traditionally been housing markets with prices above the Canadian average, and both are set to witness an increase in sales in 2025. How did Canadians feel about the future development of house prices? When it comes to consumer confidence in the performance of the real estate market in the next six months, Canadian consumers in 2024 mostly expected that the market would go up. A slightly lower share of the respondents believed real estate prices would remain the same.

Housing Index in Hong Kong decreased to 137.19 points in August 3 from 138.84 points in the previous week. This dataset provides - Hong Kong House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

According to Cognitive Market Research, The Global Property Management Service market was estimated at USD 14.5 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 7.8% from 2023 to 2030. Rising Demands for SaaS-based Property Management Software to Expand Market Penetration

Subscription-based SaaS solutions benefit companies of all sizes. Businesses increasingly use SaaS solutions to optimize operations by automating workflows and removing manual input. Businesses can also lower the cost and complexity of on-premises deployment by installing SaaS solutions. SaaS software assists large multifamily property management organizations integrate several technologies across their portfolio. In addition, the SaaS model is crucial for multi-vendor device compatibility with legacy systems.

For instance, Planon collaborated with AddOnn in March 2021 to combine AddOnn's SaaS solution with Planon's software platform for building and service digitalization to provide end-to-end solutions to end-users worldwide.

(Source:planonsoftware.com/uk/news/planon-and-addonn-launch-partnership-with-introduction-of-mobile-cleaning-solution/)

Employees in real estate organizations rely on up-to-date information to make vital decisions. SaaS systems allow users to access information from any location and device with internet connectivity. A SaaS platform can help property managers link their property solutions with sophisticated payment services for quick and easy transactions.

Evolving Trends of Workforce Mobility to Strengthen Market Share

Many employees nowadays prefer to work from home rather than in offices, corporate headquarters, or a global company branch. This contributes to the need for flexible access to office resources and data. Besides, organizations are using virtual workplaces to reduce their physical infrastructure requirements to a bare minimum, allowing them to be more flexible and use their office space better. Many businesses seek mobility, workplace, and other integrated facility management solutions. This enables property managers to retain productivity while working with a huge crew. These solutions can be used by associated real estate agents & property managers to maintain track of all the properties they manage and the routine maintenance that needs to be performed on them. As a result, the rising trend of workplace mobility is propelling the property management service industry forward.

For instance, Entrata Inc. reported the integration of Alexa with residential buildings in April 2021. This integration would enable property managers to monitor or set up Alexa-enabled devices in each unit, allowing them to create voice-controlled automated homes.

(Source:www.prnewswire.com/news-releases/entrata-enables-alexa-experience-at-scale-with-amazons-alexa-for-residential-301263114.html)

Market Dynamics of Property Management Service

Integration Complexity and Data Security Concerns to Limit Market Growth

One significant restraint property management software services face is the complexity of integrating with existing systems and databases. Many property management companies already have established tools for accounting, tenant communication, maintenance tracking, and more. Implementing new software solutions can lead to compatibility challenges and difficulties in transferring data seamlessly. Furthermore, as property management software handles sensitive information such as tenant details, financial records, and property documents, ensuring robust data security becomes critical. Any breaches or unauthorized access can lead to legal consequences, financial losses, and company reputation damage.

Impact of COVID-19 on the Property Management Service Market

The COVID-19 pandemic significantly impacted the property management service market, introducing shifts in tenant behavior, remote work trends, and economic uncertainties that prompted property managers to adapt their strategies. Lockdowns and travel restrictions decreased demand for short-term rentals, while remote work trends increased the significance of property amenities and flexible leasing options. Property managers incorporated virtual tours, contactless services, and enhanced sanitation measures to address safety concerns. Moreover, the pandemic accelerated the adoption of proptech solutions for remote property monitoring and digital communication, reshap...

Housing Index in Australia increased to 183.90 points in the fourth quarter of 2021 from 175.60 points in the third quarter of 2021. This dataset provides the latest reported value for - Australia House Price Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

American lumber prices have decreased threefold, closing in on pre-COVID levels, which should drive global prices down. The change in lumber prices is largely influenced by slumping demand for real estate which became more expensive from diminished access. In Russia, the world’s largest supplier, a sharp increase in lumber exports led to a shortage in the domestic market. Attempting to hold the price growth instigated by that, the Russian government implemented 10% export duties on lumber until the end of 2021. Due to this, the main importers of Russian goods may opt for other suppliers.

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.

According to Cognitive Market Research, The Global construction chemicals market size is USD 55.2 billion in 2023 and will expand at a compound annual growth rate (CAGR) of 6.90% from 2023 to 2030.

The demand for Construction Chemicals is rising due to the ongoing research & development in chemical technologies.
Demand for waterproofing chemicals remains higher in the Construction Chemicals market.
The residential category held the highest Construction Chemicals market revenue share in 2023.
Asia-Pacific Construction Chemicals will continue to lead, whereas the North America Construction Chemicals market will experience the most substantial growth until 2030.

Launch of New Housing Projects to Provide Viable Market Output

The launch of new housing projects will bolster the growth of the market. As governments and private developers embark on extensive housing initiatives, the demand for construction chemicals is witnessing a notable upswing. These chemicals enhance construction materials' durability, strength, and overall performance. Key factors driving the market include the need for sustainable and energy-efficient construction practices, stringent quality standards, and a growing focus on infrastructure development. This trend is expected to persist as the construction sector expands, fostering opportunities for innovation and market growth in the construction chemicals industry.

For instance, in February 2022, Shining Building Business Co., a company in Taiwan, launched several housing projects worth NTD 30 billion (USD 1.08 billion) in Taiwan and China. It has projects valued at NTD 10.8 billion in Taiwan and NTD 19 million in Chengdu, China.

(Source: www.taipeitimes.com/News/biz/archives/2022/02/17/2003773236)

Increasing Demand from the Residential Sector to Propel Market Growth

The increasing demand from the residential segment has significantly impacted the Construction Chemicals market. It can be attributed to the rising global population, urbanization trends, and a growing focus on infrastructure development. As more people migrate to urban areas, a heightened need for residential spaces drives construction activities. Construction chemicals enhance residential structures' durability, strength, and overall performance. They contribute to the longevity of buildings, ensuring they withstand diverse environmental conditions. With a heightened emphasis on sustainable and high-quality construction practices, the demand for construction chemicals in the residential sector is expected to continue its upward trajectory.

For instance, in October 2021, the Sao Paulo State Housing Union (Secovi-SP) had 5,555 new residential units sold in Sao Paulo. It is more likely to rise owing to consumer spending on residential housing units. Moreover, the growing trend for single-family housing in Brazil will support the residential construction industry in the upcoming period.

(Source: www.globalpropertyguide.com/news-brazils-housing-market-struggles-continue-4275)

Market Dynamics of the Construction Chemicals

Government Regulations over VOC Emissions in the Construction Industry to Restrict Market Growth

The government regulations over VOC emissions in the construction industry constrain the growth of the market. As authorities aim to mitigate environmental impact and enhance air quality, stringent policies limit the use of certain chemicals containing high VOC levels. This regulatory landscape forces construction chemical manufacturers to innovate and develop low-VOC or VOC-free alternatives, impacting traditional product formulations. Complying with these regulations adds complexity and costs to the industry, influencing market dynamics. Industry players must navigate these constraints to align with sustainable practices and regulatory standards, shaping the future trajectory of the construction chemicals market.

Impact of COVID–19 on the Construction Chemicals Market

The project delays led to a downturn in construction activities worldwide. As construction projects were put on hold, the market saw a decline in demand for products like adhesives, sealants, and concrete admixtures. However, as economies began to recover and construction activities resumed, the market gradually rebounded. The industry adapted to new norms, including an increased focus on sustainability and technological advancements. Despite init...

According to Cognitive Market Research, the global Luxury Chairs market size will be USD XX million in 2024 and will expand at a compound annual growth rate (CAGR) of 6.20% from 2024 to 2031.

North America Luxury Chairs market held 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 4.4% from 2024 to 2031.
Europe Luxury Chairs market accounted for a share of 30% of the global market size of USD XX million.
Asia Pacific Luxury Chairs market held 23% of global revenue, with a market size of USD XX million in 2024, and will grow at a compound annual growth rate (CAGR) of 8.2% from 2024 to 2031.
Latin America's Luxury Chairs market held 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 5.6% from 2024 to 2031.
Middle East and Africa Luxury Chairs market held 2% 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 5.9% from 2024 to 2031.
Sales of fixed type segment are set to rise as the industry focuses on high-end materials, sophisticated design, and ergonomic features.
Evolving lifestyle preferences of consumers, rise in different styles in interior designs, and advancements in materials.

Growth of the real estate sector to Provide Viable Market Output

The growth of the real estate sector is creating a significant increase in global demand. As the real estate sector expands, there's a parallel increase in demand for high-end furniture to complement upscale properties. Luxury chairs become essential elements in enhancing the aesthetic appeal and perceived value of homes, offices, hotels, and other real estate properties. Moreover, the expansion of commercial spaces such as corporate offices, hospitality venues, and high-end restaurants further fuels the demand for luxury seating options. This trend creates opportunities for luxury chair manufacturers and retailers to cater to the preferences of affluent consumers who prioritize comfort, style, and exclusivity in their living and working spaces.

For instance, According to the India Brand Equity Foundation (IBEF), the Indian real estate sector is anticipated to reach USD 1 trillion in market size by 2030 from USD 200 billion in 2021, accounting for 13% of the country's GDP by 2025.

(Source:https://surfacesreporter.com/articles/123496/indian-real-estate-will-reach-1-trillion-by-2030-surfaces-reporter-real-estate-update#:~:text=News-,Indian%20Real%20Estate%20will%20reach%20%241%20trillion%20by,SURFACES%20REPORTER%20Real%20Estate%20Update&text=Indian%20real%20estate%20industry%20will,Brand%20Equity%20Foundation%20(IBEF))

Rise in Online Retailing to Propel Market Growth

The rise in online retailing aims to provide growth in the Market. With the increasing popularity and convenience of online shopping, consumers now have access to a wide range of luxury chair options from the comfort of their own homes. Online retailers offer extensive product selections, competitive pricing, and convenient delivery options, making it easier for consumers to purchase luxury chairs without the need to visit physical stores. Additionally, online platforms provide detailed product information, customer reviews, and interactive features, allowing consumers to make informed purchasing decisions. As a result, the accessibility and convenience of online retailing have contributed to the growth of the luxury chair market by expanding its reach to a larger audience.

For instance, Nilkamal Pvt. Ltd. has launched an online shopping portal featuring an exclusive range of @Home furniture, home furnishings, and upholstery.

(Source: https://www.nilkamalfurniture.com/)

Market Restraints of the Luxury Chairs

Rising Competition from Mid-range Brands to Restrict Market Growth

The Luxury Chairs market faces challenges due to the rising competition from mid-range brands. As mid-range brands enhance their quality and aesthetics to cater to increasingly discerning consumers, they encroach upon the territory traditionally dominated by luxury brands. This intensifying competition exerts pressure on luxury chair manufacturers to justify their premium pricing with distinct features, superior craftsmanship, and unparalleled comfort. Moreover, mid-range brands often leverage aggressive pricing strategies, maki...

Housing Inventory: Median Days on Market Year-Over-Year in Newport News City, VA was 10.77% in May of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Median Days on Market Year-Over-Year in Newport News City, VA reached a record high of 70.59 in April of 2023 and a record low of -52.17 in May of 2021. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Median Days on Market Year-Over-Year in Newport News City, VA - last updated from the United States Federal Reserve on July of 2025.

In 2021, the global plywood market was finally on the rise to reach $68.9B for the first time since 2018, thus ending...

Housing Index in Sweden decreased to 936 points in the first quarter of 2025 from 937 points in the fourth quarter of 2024. This dataset provides - Sweden House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Housing Inventory: Median Days on Market Month-Over-Month in Newport News City, VA was -1.37% in May of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Median Days on Market Month-Over-Month in Newport News City, VA reached a record high of 34.09 in August of 2021 and a record low of -30.99 in February of 2024. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Median Days on Market Month-Over-Month in Newport News City, VA - last updated from the United States Federal Reserve on July of 2025.

The 10 largest mortgage lenders in the United Kingdom accounted for approximately 81 percent of the total market, with the top three alone accounting for 41 percent in 2023. Lloyds Banking Group had the largest market share of gross mortgage lending, with nearly 36.8 billion British pounds in lending in 2023. HSBC, which is the largest UK bank by total assets, ranked fourth. Development of the mortgage market In 2023, the value of outstanding in mortgage lending to individuals amounted to 1.6 trillion British pounds. Although this figure has continuously increased in the past, the UK mortgage market declined dramatically in 2023, registering the lowest value of mortgage lending since 2015. In 2020, the COVID-19 pandemic caused the market to contract for the first time since 2012. The next two years saw mortgage lending soar due to pent-up demand, but as interest rates soared, the housing market cooled, leading to a decrease in new loans of about 100 billion British pounds. The end of low interest rates In 2021, mortgage rates saw some of their lowest levels since recording began by the Bank of England. For a long time, this was particularly good news for first-time homebuyers and those remortgaging their property. Nevertheless, due to the rising inflation, mortgage rates started to rise in the second half of the year, resulting in the 10-year rate doubling in 2022.

Housing Index in Canada decreased to 123.40 points in June from 123.70 points in May of 2025. This dataset provides - Canada New Housing Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Housing Inventory: Median Days on Market Year-Over-Year in Virginia Beach-Norfolk-Newport News, VA-NC (CBSA) was 20.00% in May of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Median Days on Market Year-Over-Year in Virginia Beach-Norfolk-Newport News, VA-NC (CBSA) reached a record high of 72.73 in March of 2023 and a record low of -56.60 in May of 2021. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Median Days on Market Year-Over-Year in Virginia Beach-Norfolk-Newport News, VA-NC (CBSA) - last updated from the United States Federal Reserve on July of 2025.

Housing Index in Jordan decreased to 104.30 points in the third quarter of 2021 from 105.40 points in the second quarter of 2021. This dataset provides - Jordan Building Permits - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Housing Index in Germany decreased to 218.19 points in June from 218.58 points in May of 2025. This dataset provides the latest reported value for - Germany House Price Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Market Hotness: Listing Views per Property in Virginia Beach-Norfolk-Newport News, VA-NC (CBSA) was -23.10937 % Chg. from Yr. Ago in May of 2025, according to the United States Federal Reserve. Historically, Market Hotness: Listing Views per Property in Virginia Beach-Norfolk-Newport News, VA-NC (CBSA) reached a record high of 153.70745 in March of 2021 and a record low of -33.72454 in January of 2023. Trading Economics provides the current actual value, an historical data chart and related indicators for Market Hotness: Listing Views per Property in Virginia Beach-Norfolk-Newport News, VA-NC (CBSA) - last updated from the United States Federal Reserve on July of 2025.