In a 2019 analysis, Riverside, California was the most at risk of a housing downturn in a recession out of the ** largest metro areas in the United States. The Californian metro area received an overall score of **** percent, which was compiled after factors such as home price volatility and average home loan-to-value ratio were examined.

The U.S. housing market continues to evolve, with the median price for existing homes forecast to fall to ******* U.S. dollars by 2027. 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 a modest price increase of *** percent in 2024. 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 2025, with Rhode Island and West Virginia leading the packby home 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.

We analyze China’s interindustry connections and show that China’s housing activity has become increasingly important to its GDP growth. Our results suggest that a 10 percent decline in final demand for real estate and housing-related construction would lead to a decline in total output of 2.2 percent, an effect more than two times larger than it would have been 10 years ago.

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 second quarter of 2023. In the second quarter of 2025, the index reached ***** points. This represents a reversal of the upward trend that had characterized the housing market for roughly a decade. Likewise, real house prices in emerging economies declined after reaching a high of ***** points in the third quarter of 2021. 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 2025. Other countries that recorded a two-digit growth include North Macedonia and Russia. When accounting for inflation, the three countries with the fastest growing residential prices in early 2025 were North Macedonia, Portugal, and Bulgaria.

Graph and download economic data for All-Transactions House Price Index for the United States (USSTHPI) from Q1 1975 to Q3 2025 about appraisers, HPI, housing, price index, indexes, price, and USA.

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...

According to Cognitive Market Research, the global Real Estate Sector market size was 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 Real Estate Sector Market

Urbanization and Population Growth Fueling Demand: The increase in urban migration is driving the need for residential, commercial, and industrial properties. The development of megacities, improved infrastructure, and rising disposable incomes are contributing to the growth of the real estate sector. For instance, the Reserve Bank of India’s low interest rates in 2021 significantly boosted housing demand by 35–40% during the festive period.

Economic Growth and Rising Incomes Facilitating Market Expansion: A robust economy and increasing income levels are allowing for more substantial investments in real estate. The development of infrastructure, enhanced investor confidence, and capital inflows are further driving demand across the residential, commercial, and industrial property sectors.

Key Restraint Real Estate Sector Market

High Construction Costs Impeding Market Growth: The escalating costs of raw materials and labor shortages are raising project expenses and causing delays. Global supply chain disruptions and inflation are also impacting profit margins and making housing less affordable, which in turn is hindering real estate activity.

Key Trends for Real Estate Sector Market

Smart Cities and Sustainable Infrastructure Development: Governments and developers are focusing on smart city initiatives that include green buildings, energy-efficient designs, and technology-integrated infrastructure, thereby improving livability and long-term value in urban real estate markets.

Increasing Demand for Mixed-Use Developments: There is a growing consumer preference for integrated spaces that combine residential, retail, and office units. This trend is transforming urban planning and generating demand for multi-functional real estate projects that cater to convenience and contemporary lifestyles.

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 sought more space due to remote work trends. On the other hand, the commercial real estate market, especially office spaces, faced challenges with businesses adopting remote work models, resulting in a reduced demand for office buildings. Introduction of the Real Estate Sector Market

The real estate sector encompasses the development, buying, selling, leasing, and management of land, residential, commercial, and industrial properties. It is a dynamic market driven by a complex mix of factors, including economic conditions, urbanization, demographic shifts, and government policies. Market growth in the real estate sector is primarily influenced by factors such as population growth, increasing urbanization...

The number of pending home sales in the U.S. declined dramatically in the fourth quarter of 2021. In March 2024, the pending home sales index stood at **** index points, just *** index points above its lowest value recorded in April 2020 when the COVID-19 pandemic struck. The slowdown in buying activity was triggered by the aggressive mortgage interest rates hikes in response to the rising inflation. As it takes around **** to eight weeks to finalize a home sale in the United States, the Pending Home Sales Index (PHSI) index is seen as a measure of consumer sentiment on buying a house and essentially provides an early outlook on what the actual sales of existing homes in the country might potentially look like.

Market research data and analysis for 2Q 2024 Residential Private Property Report: Continued Slowdown in the Private Property Market One Year after ABSD implementation

Companies operating in the third-party real estate industry have had to navigate numerous economic headwinds in recent years, notably rising interest rates, spiralling inflation and muted economic growth. Revenue is projected to sink at a compound annual rate of 0.6% over the five years through 2025, including an estimated jump of 1.2% in 2025 to €207.6 billion, 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 over 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 (2021-2023), being the cheaper alternative for cash-strapped buyers. However, even lessors felt the pinch of rising mortgage rates, forcing them to hoist rent prices to cover costs and pricing out potential buyers. This led to a slowdown in rental markets in 2023, weighing on revenue growth. However, this has 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—technology-driven innovations designed to improve and streamline the real estate industry—will force estate agents to adapt, shaking up the traditional real estate sector. 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.

James Hardie shares plunged 30% following a 29% quarterly profit drop, driven by a severe slowdown in the US housing market as homeowners delay projects and new construction faces affordability constraints.

During the 2000s housing bust, Cleveland’s Slavic Village was dubbed “ground zero of the foreclosure crisis” by the national media. Despite this, during the preceding housing boom Cleveland had stable house price growth and relatively low mortgage debt growth, a stark contrast to circumstances in areas such as California that had exceptionally high house price and mortgage debt growth. What explains the relatively minor housing boom and perceived sharp downturn in Cleveland? In this Commentary I show that while subprime debt was a prominent source of debt in Cleveland and especially in its Slavic Village neighborhood during the 2000s, it is difficult to peg subprime debt as playing a causal role in the subsequent foreclosure crisis.

Graph and download economic data for New Privately-Owned Housing Units Under Construction: Total Units (UNDCONTSA) from Jan 1970 to Aug 2025 about construction, new, private, housing, and USA.

United States Home Warranty Market was valued at USD 4,262.56 Million in 2024 and is projected to reach USD 5,682.72 Million by 2032, growing at a CAGR of 4.19% from 2026 to 2032.The aging housing stock in the United States is a significant driver of growth for the U.S. Home Warranty Market, as a significant portion of homes now require ongoing repairs, system upgrades, and appliance replacements. This aging trend has accelerated in recent years, mainly due to a slowdown in new housing construction after the Great Recession, combined with persistent economic barriers including rising material costs, labor shortages, and elevated interest rates that have hampered the supply of newer homes. As a result, millions of homeowners now live-in homes built in earlier decades, creating a vast market need for repair-oriented services like home warranties.

The UK housing market continued to show significant regional variations in 2025, with London maintaining its position as the most expensive city for homebuyers. The average house price in the capital stood at ******* British pounds in February, nearly double the national average. However, the market dynamics are shifting, with London experiencing only a modest *** percent annual increase, while other cities like Belfast and Liverpool saw more substantial growth of over **** percent respectively. Affordability challenges and market slowdown Despite the continued price growth in many cities, the UK housing market is facing headwinds. The affordability of mortgage repayments has become the biggest barrier to property purchases, with the majority of the respondents in a recent survey citing it as their main challenge. Moreover, a rising share of Brits have reported affordability as a challenge since 2021, reflecting the impact of rising house prices and higher mortgage rates. The market slowdown is evident in the declining housing transaction volumes, which have plummeted since 2021. European context The stark price differences are mirrored in the broader European context. While London boasts some of the highest property prices among European cities, a comparison of the average transaction price for new homes in different European countries shows a different picture. In 2023, the highest prices were found in Austria, Germany, and France.

Companies operating in the third-party real estate industry have had to navigate numerous economic headwinds in recent years, notably rising interest rates, spiralling inflation and muted economic growth. Revenue is projected to sink at a compound annual rate of 0.6% over the five years through 2025, including an estimated jump of 1.2% in 2025 to €207.6 billion, 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 over 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 (2021-2023), being the cheaper alternative for cash-strapped buyers. However, even lessors felt the pinch of rising mortgage rates, forcing them to hoist rent prices to cover costs and pricing out potential buyers. This led to a slowdown in rental markets in 2023, weighing on revenue growth. However, this has 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—technology-driven innovations designed to improve and streamline the real estate industry—will force estate agents to adapt, shaking up the traditional real estate sector. 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.

Companies operating in the third-party real estate industry have had to navigate numerous economic headwinds in recent years, notably rising interest rates, spiralling inflation and muted economic growth. Revenue is projected to sink at a compound annual rate of 0.6% over the five years through 2025, including an estimated jump of 1.2% in 2025 to €207.6 billion, 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 over 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 (2021-2023), being the cheaper alternative for cash-strapped buyers. However, even lessors felt the pinch of rising mortgage rates, forcing them to hoist rent prices to cover costs and pricing out potential buyers. This led to a slowdown in rental markets in 2023, weighing on revenue growth. However, this has 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—technology-driven innovations designed to improve and streamline the real estate industry—will force estate agents to adapt, shaking up the traditional real estate sector. 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.

The real estate prices in Sweden increased significantly between 2008 and 2023. In 2023, the price index reached 455, with 1990 as base year. This was the first decrease in house prices since 2012. Despite the decline, prices in 2023 were still notably higher than before the COVID-19 pandemic. One of the reasons was the slowdown in construction, which hampered the supply of new homes. Rented dwellings are popular among Swedes Sweden is one of the countries in Europe with the most renters among the population. Only about 64 percent of people lived in an owner-occupied home in 2022. Only a few countries, such as France, Denmark, Germany, and Austria, had lower homeownership rates. How many rooms do Europeans have at home? As of 2021, the European countries which had been reported to have the highest number of rooms per person were Ireland and Malta, with 2.3 rooms per person on average. Sweden ranked fifteenth on the list, where the average number of rooms per person was 1.9.

Discover the booming Canadian commercial real estate market! This in-depth analysis reveals a $77.09 billion market in 2025, projected to grow at a 7.59% CAGR through 2033. Explore key drivers, trends, and major players shaping this dynamic sector across Toronto, Vancouver, and other major Canadian cities. Recent developments include: June 2023: Prologis, Inc. and Blackstone announced a definitive agreement for Prologis to acquire nearly 14 million square feet of industrial properties from opportunistic real estate funds affiliated with Blackstone for USD 3.1 billion, funded by cash. The acquisition price represents an approximately 4% cap rate in the first year and a 5.75% cap rate when adjusting to today's market rents., May 2023: An experiential real estate investment trust, VICI Properties Inc., announced that it had signed agreements to buy the real estate assets of Century Casinos, Inc.'s Century Downs Racetrack and Casino in Calgary, Alberta, Century Casino St. Albert in Edmonton, Alberta, and Century Casino St. Albert in St. Albert, Alberta, for a total purchase price of USD 164.7 million. This move demonstrates both their continued drive to grow abroad and their faith in the Canadian gaming industry. They are also excited to assist Century's asset monetization strategy, which will open up new opportunities for their cooperation.. Key drivers for this market are: Evolution of retail sector driving the market, Office spaces in Toronto and Vancouver are increasing. Potential restraints include: High interest rates tend to slowdown business growth, Increasing cost of real estate affecting the growth of the market. Notable trends are: Evolution of retail sector driving the market.

In 2023, the average price of real estate in China was approximately ****** yuan per square meter, representing a decrease from the previous year. Rising prices in the real estate market Since the 1998 housing reform, property prices in China have been rising continuously. Housing in the country is now often unaffordable, especially considering the modest per capita income of Chinese households. Shanghai and Beijing even have some of the most competitive real estate markets in the world. The rapid growth in housing prices has increased wealth among homeowners, while it also led to a culture of speculation among buyers and real estate developers. Housing was treated as investments, with owners expecting the prices to grow further every year. Risk factors The expectation of a steadily growing real estate market has created a property bubble and a potential debt crisis. As Chinese real estate giants, such as China Evergrande and Country Garden, operate by continuously acquiring land plots and initiating new projects, which often require substantial loans and investments, a slowdown in property demands or a decline in home prices can significantly affect the financial situation of these companies, putting China’s banks in a vulnerable position. In addition, due to a lack of regulations and monetary constraints, the long-term maintenance issues of high-rise apartments are also a concern to the sustainable development of China’s cities.