This analysis presents a rigorous exploration of financial data, incorporating a diverse range of statistical features. By providing a robust foundation, it facilitates advanced research and innovative modeling techniques within the field of finance.

Interest Rates, High Prices, and Inventory Shortage to Slow Down Housing Market

Financial data:

• Historical daily stock prices (open, high, low, close, volume)

• Fundamental data (e.g., market capitalization, price to earnings P/E ratio, dividend yield, earnings per share EPS, price to earnings growth, debt-to-equity ratio, price-to-book ratio, current ratio, free cash flow, projected earnings growth, return on equity, dividend payout ratio, price to sales ratio, credit rating)

• Technical indicators (e.g., moving averages, RSI, MACD, average directional index, aroon oscillator, stochastic oscillator, on-balance volume, accumulation/distribution A/D line, parabolic SAR indicator, bollinger bands indicators, fibonacci, williams percent range, commodity channel index)

Machine learning features:

• Feature engineering based on financial data and technical indicators

• Sentiment analysis data from social media and news articles

• Macroeconomic data (e.g., GDP, unemployment rate, interest rates, consumer spending, building permits, consumer confidence, inflation, producer price index, money supply, home sales, retail sales, bond yields)

Potential Applications:

• Stock price prediction

• Portfolio optimization

• Algorithmic trading

• Market sentiment analysis

• Risk management

Use Cases:

• Researchers investigating the effectiveness of machine learning in stock market prediction

• Analysts developing quantitative trading Buy/Sell strategies

• Individuals interested in building their own stock market prediction models

• Students learning about machine learning and financial applications

Additional Notes:

• The dataset may include different levels of granularity (e.g., daily, hourly)

• Data cleaning and preprocessing are essential before model training

• Regular updates are recommended to maintain the accuracy and relevance of the data

Global house prices experienced a significant shift in 2022, with advanced economies seeing a notable decline after a prolonged period of growth. The real house price index (adjusted for inflation) for advanced economies peaked at nearly *** index points in early 2022 before falling to around ****** points by the fourth quarter of 2024. This represents a reversal of the upward trend that had characterized the housing market for roughly a decade. Conversely, real house prices in emerging economies resumed growing, after a brief correction in the second half of 2022. What is behind the slowdown? Inflation and slow economic growth have been the primary drivers for the cooling of the housing market. Secondly, the growing gap between incomes and house prices since 2012 has decreased the affordability of homeownership. Last but not least, homebuyers in 2024 faced dramatically higher mortgage interest rates, further contributing to worsening sentiment and declining transactions. Some markets continue to grow While many countries witnessed a deceleration in house price growth in 2022, some markets continued to see substantial increases. Turkey, in particular, stood out with a nominal increase in house prices of over ** percent in the first quarter of 2024. Other countries that recorded a two-digit growth include Russia and the United Arab Emirates. When accounting for inflation, the three countries with the fastest growing residential prices in early 2024 were the United Arab Emirates, Poland, and Bulgaria.

We study sources and consequences of fluctuations in the US housing market. Slow technological progress in the housing sector explains the upward trend in real housing prices of the last 40 years. Over the business cycle, housing demand and housing technology shocks explain one-quarter each of the volatility of housing investment and housing prices. Monetary factors explain less than 20 percent, but have played a bigger role in the housing cycle at the turn of the century. We show that the housing market spillovers are nonnegligible, concentrated on consumption rather than business investment, and have become more important over time. (JEL E23, E32, E44, O33, R31)

Graph and download economic data for Median Sales Price of Houses Sold for the United States (MSPUS) from Q1 1963 to Q1 2025 about sales, median, housing, and USA.

Just as in many other countries, the housing market in the UK grew substantially during the coronavirus pandemic, fueled by robust demand and low borrowing costs. Nevertheless, high inflation and the increase in mortgage rates has led to house price growth slowing down. According to the forecast, 2024 is expected to see house prices decrease by ***** percent. Between 2024 and 2028, the average house price growth is projected at *** percent. A contraction after a period of continuous growth In June 2022, the UK's house price index exceeded *** index points, meaning that since 2015 which was the base year for the index, house prices had increased by ** percent. In just two years, between 2020 and 2022, the index surged by ** index points. As the market stood in December 2023, the average price for a home stood at approximately ******* British pounds. Rents are expected to continue to grow According to another forecast, the prime residential market is also expected to see rental prices grow in the next years. Growth is forecast to be stronger in 2024 and slow down in the period between 2025 and 2028. The rental market in London is expected to follow a similar trend, with Central London slightly outperforming Greater London.

House prices grew year-on-year in most states in the U.S. in the third quarter of 2024. The District of Columbia was the only exception, with a decline of ***** percent. The annual appreciation for single-family housing in the U.S. was **** percent, while in Hawaii—the state where homes appreciated the most—the increase exceeded ** percent. How have home prices developed in recent years? House price growth in the U.S. has been going strong for years. In 2024, the median sales price of a single-family home exceeded ******* U.S. dollars, up from ******* U.S. dollars five years ago. One of the factors driving house prices was the cost of credit. The record-low federal funds effective rate allowed mortgage lenders to set mortgage interest rates as low as *** percent. With interest rates on the rise, home buying has also slowed, causing fluctuations in house prices. Why are house prices growing? Many markets in the U.S. are overheated because supply has not been able to keep up with demand. How many homes enter the housing market depends on the construction output, whereas the availability of existing homes for purchase depends on many other factors, such as the willingness of owners to sell. Furthermore, growing investor appetite in the housing sector means that prospective homebuyers have some extra competition to worry about. In certain metros, for example, the share of homes bought by investors exceeded ** percent in 2024.

The Latin American residential real estate market, valued at $477.77 million in 2025, exhibits robust growth potential, projected to expand at a compound annual growth rate (CAGR) of 8.32% from 2025 to 2033. This growth is fueled by several key factors. Rapid urbanization across major Latin American cities like Mexico City, São Paulo, and Bogotá is driving significant demand for housing, particularly apartments and condominiums. Furthermore, a growing middle class with increased disposable income is fueling demand for both affordable and luxury housing options. Government initiatives aimed at improving infrastructure and fostering economic development in various regions are also contributing to market expansion. The market is segmented by property type (apartments and condominiums, landed houses and villas) and geography (Mexico, Brazil, Colombia, and the Rest of Latin America), with Brazil and Mexico anticipated to represent the largest shares due to their larger populations and economies. While challenges such as economic volatility and fluctuating interest rates exist, the long-term outlook remains positive, driven by sustained population growth and ongoing investment in the sector by major players such as JLL, CBRE, MRV Engenharia, and others. However, the market faces some headwinds. Construction costs, particularly for materials, can be volatile and influence pricing. Regulatory hurdles and bureaucratic processes in some countries can slow down project development. Furthermore, ensuring sustainable and environmentally responsible construction practices is becoming increasingly important for developers to attract environmentally conscious buyers. Successfully navigating these challenges will be crucial for continued market expansion. The segment of landed houses and villas is expected to witness strong growth, albeit potentially at a slower pace than apartments and condominiums, driven by a demand for larger spaces and a preference for suburban living among higher-income demographics. The Rest of Latin America segment presents significant untapped potential for future growth as economies develop and infrastructure improves. Recent developments include: November 2023: CBRE, a prominent global consultancy and real estate services firm, unveiled its latest initiative, the Latam-Iberia platform. The platform's primary goal is to reinvigorate the real estate markets in Europe and Latin America while fostering investment ties between the two regions. By enhancing business collaborations and amplifying the visibility of real estate solutions, CBRE aims to catalyze growth in the sector., May 2023: CJ do Brasil, a subsidiary of multinational firm CJ Bio, completed its USD 57 million plant expansion in Piracicaba, 160 km from Brazil's capital. CJ Bio is renowned for its expertise in amino acid production. The expansion is projected to create 650 new job opportunities, and the investment also encompasses the establishment of residential, research, and development centers.. Key drivers for this market are: Increase in Population is Boosting the Residential Real Estate Market, Rapid Growth in Urbanization. Potential restraints include: Increase in Population is Boosting the Residential Real Estate Market, Rapid Growth in Urbanization. Notable trends are: Increase in Urbanization Boosting Demand for Residential Real Estate.

The number of housing units in the United States has grown year-on-year and in 2024, there were approximately *** million homes. That was an increase of about one percent from the previous year. Homeownership in the U.S. Most of the housing stock in the U.S. is owner-occupied, meaning that the person who owns the home uses it as a primary residence. Homeownership is an integral part of the American Dream, with about *** in ***** Americans living in an owner-occupied home. For older generations, the homeownership rate is even higher, showing that buying a home is an important milestone in life. Housing transactions slowing down During the coronavirus pandemic, the U.S. experienced a housing market boom and witnessed an increase in the number of homes sold. Since 2020, when the market peaked, new homes transactions have slowed down and so have the sales of existing homes. That has affected the development of home prices, with several states across the country experiencing a decline in house prices.

The U.S. housing market continues to evolve, with the median home price forecast to reach ******* U.S. dollars by the second quarter of 2026. This projection comes after a period of significant growth and recent fluctuations, reflecting the complex interplay of economic factors affecting the real estate sector. The rising costs have not only impacted home prices, but also down payments, with the median down payment more than doubling since 2012. Regional variations in housing costs Home prices and down payments vary dramatically across the United States. While the national median down payment stood at approximately ****** U.S. dollars in early 2024, homebuyers in states like California, Massachusetts, and Hawaii faced down payments exceeding ****** U.S. dollars. This disparity highlights the challenges of homeownership in high-cost markets and underscores the importance of location in determining housing affordability. Market dynamics and future outlook The housing market has shown signs of cooling after years of rapid growth, with more modest price increases of *** percent in 2022 and *** percent in 2023. This slowdown can be attributed in part to rising mortgage rates, which have tempered demand. Despite these challenges, most states continued to see year-over-year price growth in the fourth quarter of 2023, with Rhode Island and Vermont leading the pack at over ** percent appreciation. As the market adjusts to new economic realities, potential homebuyers and investors alike will be watching closely for signs of stabilization or renewed growth in the coming years.

Despite the pandemic's broader economic disruptions, low interest rates in 2020 initially fueled a housing market boom driven by work-from-home orders and a shift toward residential construction. This surge was a lifeline for builders amid economic turbulence. However, the tide turned in 2022 and 2023 as the Federal Reserve's interest rate hikes curbed housing investments, dampening consumer enthusiasm and slowing residential construction activity. Low housing stock and rate cuts late in 2024 led to growth in single-family housing starts, boosting revenue. Single-family home development climbed in more affordable and less densely populated areas in 2024, but new multifamily developments have plummeted. Industry revenue has been climbing at a CAGR of 0.8% over the past five years to total an estimated $233.5 billion in 2025, including an estimated increase of 0.2% in 2025 alone. The initial boom in 2020 and 2021 led to one of the most significant expansions in home-building in recent memory, yet interest rate hikes soon tempered this growth. As smaller-scale developers struggled with escalating construction costs and regulatory hurdles, larger, financially robust companies like DR Horton, Lennar and PulteGroup managed to thrive and expand their operations. These larger companies maximized their market share, leveraging their resources to navigate the challenging economic climate and maintain momentum despite the pressures of rising material costs and labor shortages. These rising material costs and labor shortages have driven up purchase and wage costs, contributing to profit declines over the past five years. Expected interest rate cuts will boost housing developers. Developers will benefit from these favorable conditions, especially those who strategically invest in less densely populated areas to meet the growing appetite for affordable housing. Rate cuts will also provide relief to smaller housing developers more sensitive to interest rate fluctuations. Sustainability also looms on the horizon, with tax incentives and energy-efficient building standards encouraging developers to explore eco-friendly construction. Still, rising material costs and labor shortages will continue to stifle profit growth and increase housing prices. Larger companies will continue to gain market share, strategically developing homes near areas with strong job growth near new large manufacturing facilities. Industry revenue is forecast to expand at a CAGR of 1.4% to total an estimated $250.6 billion through the end of 2030.

According to Cognitive Market Research, the global Real Estate Sector market size will be USD 3625.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 5.50% 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 1450.20 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.7% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 1087.65 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 833.87 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.0% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 181.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.9% 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 72.51 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2031.
The Commercial real estate is the fastest-growing segment, driven by economic development, urbanization, and a shift toward modern, multi-use spaces

Market Dynamics of Real Estate Sector Market

Key Drivers for Real Estate Sector Market

Urbanization and Population Growth to Boost Market Growth

Urbanization is one of the primary drivers of the real estate sector. As more people migrate from rural areas to urban centers, there is an increasing demand for both residential and commercial properties. The growth of megacities around the world has spurred significant development in infrastructure, housing, and office spaces. This trend is expected to continue as populations in cities grow, creating new opportunities for real estate developers to meet the expanding demand for housing, retail spaces, and industrial areas. Additionally, urbanization leads to an increase in disposable income, further boosting the demand for better housing options and modern amenities. For instance, in October 2021, the Reserve Bank of India (RBI) stated that the benchmark interest rate would remain at 4%, providing a substantial boost to the country's real estate sector. Low house loan interest rates are predicted to fuel housing demand and boost sales by 35-40% during the holiday season of 2021

Economic Expansion and Rising Income Levels to Drive Market Growth

The overall economic expansion in many countries is another key driver for the real estate market. As economies grow, the demand for residential, commercial, and industrial properties rises in tandem. Rising income levels also contribute to increased purchasing power, allowing more people to invest in homes and businesses. Furthermore, a strong economy often leads to higher investor confidence, attracting more capital into the real estate sector. The construction of new infrastructure projects such as highways, airports, and transport systems also fuels further demand for real estate, thereby benefiting the market.

Restraint Factor for the Real Estate Sector Market

High Construction Costs, will Limit Market Growth

One of the significant restraints in the real estate sector is the rising cost of construction materials and labor. The volatility in the prices of raw materials such as steel, cement, and timber, combined with labor shortages, leads to higher construction costs, which can delay projects and reduce profit margins. Additionally, increased costs can make property prices unaffordable for potential buyers, thus slowing the pace of development. This situation is exacerbated by global supply chain disruptions and inflationary pressures, which negatively affect the overall cost structure in real estate development. Developers must navigate these challenges while maintaining competitive pricing to ensure market viability.

Impact of Covid-19 on the Real Estate Sector Market

Covid-19 pandemic significantly impacted the real estate sector, leading to shifts in both demand and operational dynamics. During the early phases of the pandemic, lockdowns and economic uncertainties caused a slowdown in construction activities, delays in project completions, and a decline in property transactions. The residential market experienced a surge in demand for larger homes and properties in suburban areas as people ...

According to Cognitive Market Research, The Global Ready to Move in Luxury Homes Market size is USD 600.5 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 8.0% from 2023 to 2030.

Remote work fueled demand for Ready to Move-in Luxury Homes, emphasizing dedicated offices and advanced amenities, creating synergy with the evolving work landscape.
The dominant category in the Ready to Move-in Luxury Homes market is the 1000-3000 square feet segment.
In the ready to move-in luxury homes market, luxury homes dominate.
North America will continue to lead, whereas the Europe Ready to Move in Luxury Homes Market will experience the strongest growth until 2030.

Market Dynamics of the Ready-to-Move-in Luxury Home Market

Remote Work and Low-Interest Rates Drive Surge in Demand for Ready-to-Move-in Luxury Home 

The advent of widespread remote work became a driving force for the ready-to-move-in luxury homes market. As companies embraced flexible work arrangements, professionals sought residences that catered to remote work needs. The cause-and-effect relationship unfolded as the demand for homes with dedicated office spaces, high-speed internet, and enhanced amenities surged. The market responded by prioritizing features conducive to remote work, such as spacious home offices and advanced technology infrastructure, creating a symbiotic relationship between the evolving work landscape and the flourishing luxury real estate sector.

Historic Low-Interest Rates Propel Demand for Ready to Move-in Luxury Homes

The ready to move-in luxury homes market experienced a boost driven by historically low-interest rates. As central banks implemented measures to stimulate economies amidst the pandemic, mortgage rates reached unprecedented lows. This led to increased buyer confidence and heightened affordability, catalyzing demand in the luxury real estate sector. The cause-and-effect relationship materialized as favorable financing conditions encouraged prospective buyers to invest in ready-to-move-in luxury homes, fostering a climate of increased transactions and market activity. Low-interest rates emerged as a pivotal driver shaping the positive trajectory of the luxury real estate market.

Restraints of the Ready-to-Move-in Luxury Homes

Supply Chain Disruptions and Construction Slowdown Impacting Ready-to-Move-in Luxury Homes Market

Supply chain disruptions emerged as a significant restraint in the ready to move-in luxury homes market. The cause-and-effect dynamic unfolded as the pandemic disrupted the flow of construction materials and labor, leading to a slowdown in construction activities. Delays in obtaining essential materials and the inability to secure skilled labor hindered project timelines. This restraint underscored the market's vulnerability to external factors affecting the construction industry, impacting the timely delivery of luxury homes and potentially dissuading prospective buyers who sought immediate occupancy.

Impact of COVID-19 on the Ready-to-Move-in Luxury Homes Market

The ready-to-move-in luxury homes market faced a dual impact from the COVID-19 pandemic. Lockdowns and economic uncertainties caused a slowdown in transactions and construction activities. However, as remote work gained prominence, there was a notable shift in demand toward spacious and well-equipped luxury homes. The market adapted by incorporating features like home offices and private amenities. Low interest rates further stimulated demand, leading to a rebound. Despite initial challenges, the pandemic catalyzed a transformation in the luxury real estate sector, aligning offerings with the evolving lifestyle preferences shaped by the new normal.

Opportunity for the growth of the Ready-to-Move-in Luxury Homes Market.

The increasing preference among affluent buyers for hassle-free, immediate occupancy solutions that combine convenience with high-end amenities.

One key opportunity for the growth of the ready-to-move-in luxury homes market lies in the increasing preference among affluent buyers for hassle-free, immediate occupancy solutions that combine convenience with high-end amenities. With rising disposable incomes and evolving lifestyles, especially among urban professionals, HNIs, and NRIs, there is a growing demand for premium properties that are fully constructed, elegantly designed, and equipped with smart home techno...

Graph and download economic data for Existing Home Sales (EXHOSLUSM495S) from May 2024 to May 2025 about headline figure, sales, housing, and USA.

Predictions for the Dow Jones U.S. Select Home Construction index suggest a potential for further growth, primarily influenced by favorable housing market conditions. However, there are moderate risks associated with rising interest rates, potential economic slowdown, and supply chain disruptions that could impact the index's performance.

The prefabricated housing market, valued at $134.57 million in 2025, is experiencing robust growth, projected to expand at a compound annual growth rate (CAGR) of 6.67% from 2025 to 2033. This growth is fueled by several key factors. Increasing urbanization and the consequent housing shortage in many regions are driving demand for faster, more cost-effective construction solutions. Prefabricated housing offers a significant advantage in this regard, reducing construction time and labor costs compared to traditional methods. Furthermore, the growing awareness of sustainable and eco-friendly building practices is bolstering the market, as prefabricated homes often incorporate energy-efficient designs and sustainable materials. The market segmentation, predominantly encompassing single-family and multi-family dwellings, reflects the diverse applications of prefabricated construction. Leading companies like Asahi Kasei Corporation, Sekisui House, and others are driving innovation and expanding their market reach through technological advancements and strategic partnerships. The market's geographic distribution is likely skewed towards North America and Europe, given their established construction sectors and higher adoption rates of prefabricated solutions. However, Asia Pacific is expected to witness substantial growth in the coming years, driven by rising disposable incomes and infrastructure development. The market's growth trajectory is, however, subject to certain constraints. Fluctuations in raw material prices, particularly lumber and steel, can impact profitability and potentially slow down growth. Regulatory hurdles and building codes specific to prefabricated structures can pose challenges in some regions. Addressing these concerns through efficient supply chain management, innovative material sourcing, and proactive engagement with regulatory bodies will be crucial for sustained market expansion. The market's future hinges on overcoming these challenges while capitalizing on the increasing demand for affordable, sustainable, and rapidly deployable housing solutions. Technological advancements, including the incorporation of smart home technologies and advanced manufacturing processes, will further enhance the appeal and competitiveness of prefabricated housing in the years to come. This in-depth report provides a comprehensive analysis of the global prefabricated housing market, offering invaluable insights for businesses and investors seeking to navigate this rapidly evolving sector. The study covers the historical period (2019-2024), base year (2025), and forecasts future growth from 2025 to 2033, projecting market size in million units. Our analysis incorporates key market trends, competitive landscapes, and regional variations, leveraging data-driven insights to understand the driving forces behind this dynamic industry. Key search terms analyzed include: modular homes, prefab homes, prefabricated construction, offsite construction, sustainable housing, and affordable housing. Disclaimer: I do not have access to real-time data, including specific market size figures in million units or company websites. The information below is illustrative and would need to be replaced with actual data from your market research. Key drivers for this market are: Increase FDI in construction in Asia-Pacific, Minimized Construction Wastage. Potential restraints include: Availability of Skilled Labor. Notable trends are: Expansion Of Prefabricated Housing To Drive The Market.

The United States home construction market, valued at approximately $700 billion in 2025, is experiencing robust growth, projected to maintain a compound annual growth rate (CAGR) exceeding 3% through 2033. This expansion is fueled by several key factors. Firstly, a persistent housing shortage, particularly in desirable urban areas like New York City, Los Angeles, and San Francisco, continues to drive demand. Secondly, favorable demographic trends, including millennial household formation and an increasing preference for homeownership, are bolstering the sector. Furthermore, low interest rates (though this is subject to change depending on economic conditions) have historically made mortgages more accessible, stimulating construction activity. However, the market isn't without its challenges. Rising material costs, labor shortages, and supply chain disruptions continue to exert upward pressure on construction prices, potentially impacting affordability and slowing growth in certain segments. The market is segmented by dwelling type (apartments & condominiums, villas, other), construction type (new construction, renovation), and geographic location, with significant activity concentrated in major metropolitan areas. The dominance of large national builders like D.R. Horton, Lennar Corp, and PulteGroup highlights the industry's consolidation trend, while the growth of multi-family construction reflects shifting urban preferences. Looking ahead, the market's trajectory will depend on macroeconomic factors, interest rate fluctuations, government policies impacting housing affordability, and the ability of the industry to address supply-chain and labor challenges. Innovation in construction technologies, sustainable building practices, and prefabricated homes are also emerging trends expected to significantly influence market dynamics over the forecast period. The competitive landscape is characterized by a mix of large publicly traded companies and smaller regional builders. While established players dominate the market share, opportunities exist for smaller firms specializing in niche markets, such as sustainable or luxury home construction, or those focused on specific geographic areas. The ongoing expansion of the market signifies significant potential for investment and growth, despite the hurdles currently impacting the sector. Addressing supply chain disruptions and labor shortages will be crucial for sustained growth. Continued demand in key urban centers and evolving consumer preferences toward specific dwelling types will be critical factors determining the market's future trajectory. Recent developments include: June 2022 - Pulte Homes - a national brand of PulteGroup, Inc. - announced the opening of its newest Boston-area community, Woodland Hill. Offering 46 new construction single-family homes in the charming town of Grafton, the community is conveniently located near schools, dining, and entertainment, with the Massachusetts Bay Transportation Authority commuter rail less than a mile away. The collection of home designs at Woodland Hill includes three two-story floor plans, ranging in size from 3,013 to 4,019 sq. ft. with four to six bedrooms, 2.5-3.5 baths, and 2-3 car garages. These spacious home designs feature flexible living spaces, plenty of natural light, gas fireplaces, and the signature Pulte Planning Center®, a unique multi-use workstation perfect for homework or a family office., December 2022 - D.R. Horton, Inc. announced the acquisition of Riggins Custom Homes, one of the largest builders in Northwest Arkansas. The homebuilding assets of Riggins Custom Homes and related entities (Riggins) acquired include approximately 3,000 lots, 170 homes in inventory, and 173 homes in the sales order backlog. For the trailing twelve months ended November 30, 2022, Riggins closed 153 homes (USD 48 million in revenue) with an average home size of approximately 1,925 square feet and an average sales price of USD 313,600. D.R. Horton expects to pay approximately USD 107 million in cash for the purchase, and the Company plans to combine the Riggins operations with the current D.R. Horton platform in Northwest Arkansas.. Notable trends are: High-interest Rates are Negatively Impacting the Market.

Local interviews: policy and other actors engaged in planning and delivery of sustainable housing. This project will examine the challenges and tensions associated with new housing growth in South Central England. It is concerned with the complex relationships between local communities, government agencies and the house building industry, at a time of market and public policy uncertainty. Using the Milton Keynes/Northamptonshire area as the laboratory, the project investigates the tensions and debates about new housing developments in three periods: before the slow-down in the housing market, during the property crash period, and in the current period of slow growth, public expenditure reductions and radical changes in Government planning and housing policy.

Using reports and documents (such as local newspapers and planning reports) and interviews with local authorities, developers and community leaders, it will explore how attitudes to new housing among local policymakers have changed, why some areas find it acceptable and some do not. The research will also examine changes in support for sustainable development. Sustainability was a much-publicized objective of the previous government, with the promise to create "sustainable communities" through better urban design (including low carbon buildings), community-based planning and improved public transport, and remains a core element of contemporary planning policy.

Building contractors and developers depend on various socio-economic factors, including property values, underlying sentiment in the housing market, the degree of optimism among downstream businesses and credit conditions. All of these drivers typically track in line with economic sentiment, with recent economic shocks spurring a difficult period for building contractors and developers. Nonetheless, the enduring need for building services, particularly to tackle housing shortages across the continent, ensures a strong foundation of work. Revenue is forecast to grow at a compound annual rate of 2.3% to reach €1.3 trillion over the five years through 2025. Operational and supply chain disruption caused by the pandemic reversed the fortunes of building contractors and developers in 2020, as on-site activity tumbled and downstream clients either cancelled, froze or scaled back investment plans. Aided by the release of pent-up demand and supportive government policy, building construction output rebounded in 2021. Excess demand for key raw materials led to extended lead times during this period, while input costs recorded a further surge as a result of the effects of rapidly climbing energy prices following Russia’s invasion of Ukraine. Soaring construction costs and the impact of interest rate hikes on both the housing market and investor sentiment led to a renewed slowdown in building construction activity across the continent. However, falling inflation and the start of an interest rate cutting cycle have spurred signs of a recovery in new work volumes, supporting anticipated revenue growth of 2.3% in 2025. Revenue is forecast to increase at a compound annual rate of 6.7% to €1.7 trillion over the five years through 2030. Activity is set to remain sluggish in the medium term, as weak economic growth and uncertainty surrounding the impact of the volatile global tariff environment on inflation and borrowing costs continue to weigh on investor sentiment. Contractors and developers will increasingly rely on public sector support, including measures to boost the supply of new housing, as countries seek to tackle severe housing shortages. Meanwhile, the introduction of more stringent sustainability requirements will drive demand for energy retrofits.

During the COVID-19 pandemic, the number of house sales in the UK spiked, followed by a period of decline. In 2023 and 2024, the housing market slowed notably, and in January 2025, transaction volumes fell to 46,774. House sales volumes are impacted by a number of factors, including mortgage rates, house prices, supply, demand, as well as the overall health of the market. The economic uncertainty and rising unemployment rates has also affected the homebuyer sentiment of Brits. How have UK house prices developed over the past 10 years? House prices in the UK have increased year-on-year since 2015, except for a brief period of decline in the second half of 2023 and the beginning of 2024. That is based on the 12-month percentage change of the UK house price index. At the peak of the housing boom in 2022, prices soared by nearly 14 percent. The decline that followed was mild, at under three percent. The cooling in the market was more pronounced in England and Wales, where the average house price declined in 2023. Conversely, growth in Scotland and Northern Ireland continued. What is the impact of mortgage rates on house sales? For a long period, mortgage rates were at record-low, allowing prospective homebuyers to take out a 10-year loan at a mortgage rate of less than three percent. In the last quarter of 2021, this period came to an end as the Bank of England rose the bank lending rate to contain the spike in inflation. Naturally, the higher borrowing costs affected consumer sentiment, urging many homebuyers to place their plans on hold and leading to a decline in sales.

Companies operating in the third-party real estate industry have had to navigate numerous economic headwinds in recent years, ranging from rising interest rates, spiralling inflation and muted economic growth. Typically, estate agents can earn income via fees and commissions charged to clients, which allows them to protect their operating profit margin from property price fluctuations. Revenue is projected to sink at a compound annual rate of 0.6% over the five years through 2025, including an estimated rise of 1.2% in 2025 to €207.6billion, while the average industry profit margin is forecast to reach 35.1%. Amid spiralling inflation, central banks across Europe ratcheted up interest rates, resulting in borrowing costs skyrocketing in the two years through 2023. In residential markets, elevated mortgage rates combined with tightening credit conditions eventually ate into demand, inciting a drop in house prices. Rental markets performed well when house prices were elevated, being the cheaper alternative for cash-strapped buyers. However, even lessors felt the pinch of rising mortgage rates, forcing them to hoist rent to cover costs and pricing out potential buyers. This led to a slowdown in rental markets in 2023, weighing on revenue growth. However, this have started to turn around in 2025 as interest rates have been falling across Europe in the two years through 2025, reducing borrowing costs for buyers and boosting property transactions. This has helped revenue to rebound slightly in 2025 as estate agents earn commission from property transactions. Revenue is forecast to swell at a compound annual rate of 3.7% over the five years through 2030 to €249.5 billion. Housing prices are recovering in 2025 as fixed-rate mortgages begin to drop and economic uncertainty subsides, aiding revenue growth in the short term. Over the coming years, Proptech, which has been heavily invested in, will force estate agents to adapt, shaking up the traditional real estate industry. A notable application of Proptech is the use of AI and data analytics to predict a home’s future value and speed up the process of retrofitting properties to become more sustainable.