Several of the largest new residential construction projects in the United Kingdom with a construction start date in 2024 were found in London. Planned Internal and External Refurbishment Works Programme in London was valued at 340 million British pounds. The housing construction market in London London is one of the best-known cities in the world. It is an important financial and economic centre, accounting for the highest share of GDP out of all the regions in the UK. It is also home to the West-End and the British Museum, and it boasts a vibrant cultural life. The economic importance and popularity of the city are some of the factors fostering a high demand for housing construction in London. In addition to the 14,270 housing starts in London in 2023/24, there was also a similar volume of housing completions. In comparison, the number of private housing starts in the UK as was estimated to be 150,000 in 2023. House repairs in the UK Housing repair and maintenance was one of the segments with the highest market shares in the UK construction industry. Meanwhile, new private housing construction represented 19 percent of the construction market in the country in 2023. Two of the largest repair and maintenance projects in 2023 were in London and in the county of Tyne and Wear (the county were Newcastle is located). The revenue of housing repair and maintenance in Great Britain has been increasing at a fast pace in the past years.

The NYC Department of City Planning’s (DCP) Housing Database contains all NYC Department of Buildings (DOB) approved housing construction and demolition jobs filed or completed in NYC since January 1, 2010. It includes the three primary construction job types that add or remove residential units: new buildings, major alterations, and demolitions, and can be used to determine the change in legal housing units across time and space. Records in the Housing Database Project-Level Files are geocoded to the greatest level of precision possible, subject to numerous quality assurance and control checks, recoded for usability, and joined to other housing data sources relevant to city planners and analysts. Data are updated semiannually, at the end of the second and fourth quarters of each year. Please see DCP’s annual Housing Production Snapshot summarizing findings from the 21Q4 data release here. Additional Housing and Economic analyses are also available. The NYC Department of City Planning’s (DCP) Housing Database Unit Change Summary Files provide the net change in Class A housing units since 2010, and the count of units pending completion for commonly used political and statistical boundaries (Census Block, Census Tract, City Council district, Community District, Community District Tabulation Area (CDTA), Neighborhood Tabulation Area (NTA). These tables are aggregated from the DCP Housing Database Project-Level Files, which is derived from Department of Buildings (DOB) approved housing construction and demolition jobs filed or completed in NYC since January 1, 2010. Net housing unit change is calculated as the sum of all three construction job types that add or remove residential units: new buildings, major alterations, and demolitions. These files can be used to determine the change in legal housing units across time and space.

description: This report is the 45th in the series and describes San Francisco's housing supply. Housing Inventory data accounts for new housing construction, demolitions, and alterations in a consistent format for analysis of housing production trends. Net housing unit gains are reported citywide, by zoning classification, and by planning district. Other areas covered include affordable housing production, condominium conversions, and changes to the residential hotel stock. In addition, lists of major housing projects completed and approved for construction in 2014 are provided. A list of affordable housing projects in the pipeline (projects in various stages of review or pre-construction planning) is included to provide a picture of likely housing construction activity in the near future. External Link; abstract: This report is the 45th in the series and describes San Francisco's housing supply. Housing Inventory data accounts for new housing construction, demolitions, and alterations in a consistent format for analysis of housing production trends. Net housing unit gains are reported citywide, by zoning classification, and by planning district. Other areas covered include affordable housing production, condominium conversions, and changes to the residential hotel stock. In addition, lists of major housing projects completed and approved for construction in 2014 are provided. A list of affordable housing projects in the pipeline (projects in various stages of review or pre-construction planning) is included to provide a picture of likely housing construction activity in the near future. External Link

HUD furnishes technical and professional assistance in planning, developing and managing these developments. Public Housing Developments are depicted as a distinct address chosen to represent the general location of an entire Public Housing Development, which may be comprised of several buildings scattered across a community. The building with the largest number of units is selected to represent the location of the development. Location data for HUD-related properties and facilities are derived from HUD's enterprise geocoding service. While not all addresses are able to be geocoded and mapped to 100% accuracy, we are continuously working to improve address data quality and enhance coverage. Please consider this issue when using any datasets provided by HUD. When using this data, take note of the field titled “LVL2KX” which indicates the overall accuracy of the geocoded address using the following return codes: ‘R’ - Interpolated rooftop (high degree of accuracy, symbolized as green) ‘4’ - ZIP+4 centroid (high degree of accuracy, symbolized as green) ‘B’ - Block group centroid (medium degree of accuracy, symbolized as yellow) ‘T’ - Census tract centroid (low degree of accuracy, symbolized as red) ‘2’ - ZIP+2 centroid (low degree of accuracy, symbolized as red) ‘Z’ - ZIP5 centroid (low degree of accuracy, symbolized as red) ‘5’ - ZIP5 centroid (same as above, low degree of accuracy, symbolized as red) Null - Could not be geocoded (does not appear on the map) For the purposes of displaying the location of an address on a map only use addresses and their associated lat/long coordinates where the LVL2KX field is coded ‘R’ or ‘4’. These codes ensure that the address is displayed on the correct street segment and in the correct census block. The remaining LVL2KX codes provide a cascading indication of the most granular level geography for which an address can be confirmed. For example, if an address cannot be accurately interpolated to a rooftop (‘R’), or ZIP+4 centroid (‘4’), then the address will be mapped to the centroid of the next nearest confirmed geography: block group, tract, and so on. When performing any point-in polygon analysis it is important to note that points mapped to the centroids of larger geographies will be less likely to map accurately to the smaller geographies of the same area. For instance, a point coded as ‘5’ in the correct ZIP Code will be less likely to map to the correct block group or census tract for that address. In an effort to protect Personally Identifiable Information (PII), the characteristics for each building are suppressed with a -4 value when the “Number_Reported” is equal to, or less than 10. To learn more about Public Housing visit: https://www.hud.gov/program_offices/public_indian_housing/programs/ph/, for questions about the spatial attribution of this dataset, please reach out to us at GISHelpdesk@hud.gov. Data Dictionary: DD_Public Housing Developments Date Updated: Q1 2025

Snapshot img

Residential Real Estate Market Size 2025-2029

The residential real estate market size is forecast to increase by USD 485.2 billion at a CAGR of 4.5% between 2024 and 2029.

The market is experiencing significant growth, fueled by increasing marketing initiatives that attract potential buyers and tenants. This trend is driven by the rising demand for housing solutions that cater to the evolving needs of consumers, particularly in urban areas. However, the market's growth trajectory is not without challenges. Regulatory uncertainty looms large, with changing policies and regulations posing a significant threat to market stability. Notably, innovative smart home technologies, such as voice-activated assistants and energy-efficient appliances, are gaining traction, offering enhanced convenience and sustainability for homeowners.
As such, companies seeking to capitalize on the opportunities presented by the growing the market must navigate these challenges with agility and foresight. The residential construction industry's expansion is driven by urbanization and the rising standard of living in emerging economies, including India, China, Thailand, Malaysia, and Indonesia. By staying abreast of regulatory changes and implementing innovative marketing strategies, they can effectively meet the evolving needs of consumers and maintain a competitive edge. These regulatory shifts can impact everything from property prices to financing options, making it crucial for market players to stay informed and adapt quickly.

What will be the Size of the Residential Real Estate Market during the forecast period?

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In the dynamic housing market analysis, small flats continue to be a popular choice for both investors and first-time homebuyers, driven by affordability and urban growth. International investment in housing projects, including apartments and condominiums, remains strong, offering attractive investment returns. Real estate syndication and property management software facilitate efficient property ownership and management. Real estate loans, property insurance, and urban planning are essential components of the housing market, ensuring the development of affordable housing and addressing the needs of the middle class and upper middle class. Property disputes, property tax assessments, and real estate litigation are ongoing challenges, requiring careful attention from stakeholders.
Property search engines streamline the process of finding the perfect property, from studio apartments to luxury homes. Real estate auctions, land banking, and nano apartments are innovative solutions in the market, while property flipping and short sales provide opportunities for savvy investors. Urban growth and community development are key trends, with a focus on sustainable, planned cities and the integration of technology, such as real estate blockchain, into the industry. Developers secure building permits, review inspection reports, and manage escrow accounts during real estate transactions. Key services include contract negotiation, dispute resolution, and tailored investment strategies for portfolio management. Financial aspects cover tax implications, estate planning, retirement planning, taxdeferred exchanges, capital gains, tax deductions, and maintaining positive cash flow for sustained returns.

How is this Residential Real Estate Industry segmented?

The residential real estate industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Mode Of Booking

  Sales
  Rental or lease


Type

  Apartments and condominiums
  Landed houses and villas


Location

  Urban
  Suburban
  Rural


End-user

  Mid-range housing
  Affordable housing
  Luxury housing


Geography

  North America

    US
    Canada
    Mexico


  Europe

    France
    Germany
    UK


  APAC

    Australia
    Japan
    South Korea


  South America

    Brazil


  Rest of World (ROW)

By Mode Of Booking Insights

The sales segment is estimated to witness significant growth during the forecast period. The sales segment dominates the global residential real estate market and will continue to dominate during the forecast period. The sales segment includes the sale of any property that is majorly used for residential purposes, such as single-family homes, condos, cooperatives, duplexes, townhouses, and multifamily residences. With the growing population and urbanization, the demand for homes is also increasing, which is the major factor driving the growth of the sales segment. Moreover, real estate firms work with developers to sel

The US residential real estate market, a cornerstone of the American economy, is projected to experience steady growth over the next decade. While the provided CAGR of 2.04% is a modest figure, it reflects a market maturing after a period of significant expansion. This sustained growth is driven by several key factors. Firstly, population growth and urbanization continue to fuel demand for housing, particularly in densely populated areas and emerging suburban markets. Secondly, low interest rates (historically, though this can fluctuate) have made mortgages more accessible, stimulating buyer activity. Thirdly, a robust construction sector, though facing challenges in material costs and labor shortages, is gradually increasing the housing supply, mitigating some of the upward pressure on prices. However, challenges remain. Rising inflation and potential interest rate hikes pose a risk to affordability, potentially dampening demand. Furthermore, the ongoing evolution of remote work is reshaping residential preferences, with a shift toward larger homes in suburban or exurban locations. This trend impacts the relative demand for various property types, potentially increasing the appeal of landed houses and villas compared to apartments and condominiums in certain regions. The segmentation of the market into apartments/condominiums and landed houses/villas provides crucial insights into consumer preferences and investment strategies. High-density urban areas will continue to see strong demand for apartments and condos, while suburban and rural areas are likely to experience a greater increase in landed property sales. Major players like Simon Property Group, Mill Creek Residential, and others are strategically adapting to these trends, focusing on both development and management across various property types and geographic locations. Analyzing regional data within the US (e.g., comparing growth in the Northeast versus the Southwest) will highlight market nuances and potential investment opportunities. While the global data provided is valuable for understanding broader market forces, focusing the analysis on the US market allows for a more granular understanding of the specific drivers, trends, and challenges within this significant segment of the real estate sector. The forecast period (2025-2033) suggests continued, albeit measured, expansion. Recent developments include: May 2022: Resource REIT Inc. completed the sale of all of its outstanding shares of common stock to Blackstone Real Estate Income Trust Inc. for USD 14.75 per share in an all-cash deal valued at USD 3.7 billion, including the assumption of the REIT's debt., February 2022: The largest owner of commercial real estate in the world and private equity company Blackstone is growing its portfolio of residential rentals and commercial properties in the United States. The company revealed that it would shell out about USD 6 billion to buy Preferred Apartment Communities, an Atlanta-based real estate investment trust that owns 44 multifamily communities and roughly 12,000 homes in the Southeast, mostly in Atlanta, Nashville, Charlotte, North Carolina, and the Florida cities of Jacksonville, Orlando, and Tampa.. Key drivers for this market are: Investment Plan Towards Urban Rail Development. Potential restraints include: Italy’s Fragmented Approach to Tenders. Notable trends are: Existing Home Sales Witnessing Strong Growth.

The NYC Department of City Planning's (DCP) Housing Database contains all NYC Department of Buildings (DOB) approved housing construction and demolition jobs filed or completed in NYC since January 1, 2010. It includes the three primary construction job types that add or remove residential units: new buildings, major alterations, and demolitions, and can be used to determine the change in legal housing units across time and space. Records in the Housing Database Project-Level Files are geocoded to the greatest level of precision possible, subject to numerous quality assurance and control checks, recoded for usability, and joined to other housing data sources relevant to city planners and analysts. Data are updated semiannually, at the end of the second and fourth quarters of each year. Please see DCP's annual Housing Production Snapshot summarizing findings from the 21Q4 data release here. Additional Housing and Economic analyses are also available. All previously released versions of this data are available at BYTES of the BIG APPLE - Archive.

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.

Affordable Housing Market Outlook

According to our latest research, the affordable housing market size reached USD 69.2 billion globally in 2024, driven by rapid urbanization, supportive government policies, and rising demand for cost-effective housing solutions. The market is projected to expand at a robust CAGR of 6.1% from 2025 to 2033, reaching an estimated USD 117.4 billion by the end of the forecast period. The growth is primarily attributed to increasing urban migration, widening income disparities, and a surge in public and private investments aimed at addressing the global housing deficit. As per our latest research, the affordable housing sector is undergoing significant transformation as stakeholders focus on innovative construction methods, sustainable materials, and digital technologies to streamline project delivery and reduce costs.

One of the primary growth drivers for the affordable housing market is the escalating rate of urbanization, particularly in emerging economies. Urban populations are swelling at an unprecedented pace, with millions migrating to cities in search of better employment opportunities and improved living standards. This mass migration has led to a surge in demand for affordable, quality housing, placing immense pressure on urban infrastructure and local governments. Consequently, both public and private sector players are ramping up investments in affordable housing projects, leveraging innovative financing models and partnerships to bridge the housing gap. Furthermore, the emergence of smart city initiatives and sustainable urban planning is fostering the development of integrated, affordable housing solutions that cater to the diverse needs of low- and middle-income populations.

Another significant factor propelling the affordable housing market is the increasing involvement of governments and international organizations in addressing the global housing crisis. Numerous policy interventions, such as subsidies, tax incentives, and relaxed regulatory frameworks, are being introduced to stimulate the supply of affordable homes. Governments are also collaborating with private developers through public-private partnerships (PPPs) to expedite project execution and ensure long-term sustainability. Additionally, multilateral agencies and non-governmental organizations are providing technical and financial assistance to support large-scale affordable housing initiatives, particularly in regions with acute housing shortages. These concerted efforts are not only enhancing access to affordable housing but also fostering socio-economic development and reducing urban poverty.

Technological advancements in construction methods and materials are further accelerating the growth of the affordable housing market. The adoption of modular and prefabricated construction techniques is enabling developers to deliver high-quality housing units at lower costs and within shorter timeframes. These innovative approaches are also contributing to improved energy efficiency, reduced environmental impact, and enhanced structural durability. Moreover, the integration of digital technologies, such as Building Information Modeling (BIM) and project management software, is streamlining the design, planning, and execution of affordable housing projects. As a result, stakeholders are increasingly embracing technology-driven solutions to optimize resource utilization, minimize risks, and ensure compliance with stringent regulatory standards.

From a regional perspective, Asia Pacific continues to dominate the affordable housing market, accounting for the largest share in 2024, followed by North America and Europe. The region's rapid urbanization, burgeoning population, and proactive government policies are driving significant investments in affordable housing infrastructure. Countries such as China, India, and Indonesia are at the forefront, implementing ambitious housing schemes and leveraging innovative construction technologies to address the growing demand. Meanwhile, developed regions like North America and Europe are witnessing renewed interest in affordable housing, fueled by rising property prices, income inequality, and shifting demographic trends. Latin America and the Middle East & Africa are also emerging as promising markets, supported by favorable regulatory environments and increased foreign direct investments.

As of November 2024, several high-value construction projects to develop residential buildings had been added to the Australian Construction Industry Forum (ACIF) Major Projects Database in Australia, with commencement dates between 2018 and 2028. The Former West End Brewery Site Mixed Used Development and Rosehill Race Course Residential & School Redevelopment projects had the highest values across the thirty major construction projects at around one billion Australian dollars, respectively.

The dataset is a catalog of major residential development projects in Somerset County, NJ. This includes Affordable Housing, Senior housing options, and Market-rate rentalsAffordable Housing Options: With New Jersey having some of the highest housing costs in the county, the state government has implemented several initiatives and programs to provide housing options for low- and moderate-income eligible households. In addition, several municipalities have implemented inclusionary zoning laws, that require property developers to allocate a certain percentage of the units for affordable housing. Somerset county has several affordable housing programs to help low-and moderate-income eligible households and first-time homebuyers, including the Mt. Laurel Doctrine, New Jersey Balanced Housing Program, HUD Public Housing Program, HUD Housing Choice Voucher Program (Section 8). This dataset provides a comprehensive list of all affordable housing projects in the county. The dataset includes ‘inclusionary’ developments that are comprised of both market-rate units and affordable units. It also includes municipality-sponsored and other 100% affordable housing projects, as well as affordable housing created through the redevelopment process. The total number of market rate and affordable housing units in each project is provided. Some projects include a blend of both rental and for-purchase units. Senior Housing Options: There are several housing options in Somerset County for older adults seeking assistance with daily living or those who want to maintain their independence or those who seek to live in communities designed for older adults. These options include – Active Adult Communities: These are communities designed for older adults who can live independently but want to live in a community specifically for older adults. They typically offer amenities such as fitness centers, swimming pools, and social activities. Many independent living communities also offer additional services such as transportation, housekeeping, and meals. Assisted Living Communities: These communities aid with daily living activities such as bathing, dressing, and medication management. They offer a range of services, depending on the level of care needed. Some assisted living communities also offer memory care services for individuals with dementia or Alzheimer's disease. Continuing Care Retirement Communities: These communities offer a continuum of care that includes independent living, assisted living, and skilled nursing care. This allows residents to "age in place" and receive additional care as needed without having to move to a different community. Senior Residence: These communities are restricted to residents who are 55 years of age or older. They typically offer amenities like active adult communities and may have additional features such as golf courses, community centers, and events. Market Rate Rentals: These properties are typically owned/operated by private landlords and are not considered affordable housing and are not subject to government subsidies. These include apartments, condominiums, town homes, single-family homes. The information included in this dataset represents a point-in-time (November 2023) and is subject to change. Furthermore, new, or alternative housing projects may be proposed in future years, which will be incorporated into subsequent dataset updates. Updates to this dataset will take place on an as-needed basis.

Several of the largest new residential construction projects in the United Kingdom with a construction start date in 2025 were found in London. The Planned Investment and Major Works Programme in London was valued at 1.02 billion British pounds. The housing construction market in London London is one of the best-known cities in the world. It is an important financial and economic centre, accounting for the highest share of GDP out of all the regions in the UK. It is also home to the West-End and the British Museum, and it boasts a vibrant cultural life. The economic importance and popularity of the city are some of the factors fostering a high demand for housing construction in London. In addition to the 14,270 housing starts in London in 2023/24, there was also a similar volume of housing completions. In comparison, the number of private housing starts in the UK as was estimated to be 135,000 in 2024. House repairs in the UK Housing repair and maintenance was one of the segments with the highest market shares in the UK construction industry. Meanwhile, new private housing construction represented 18 percent of the construction market in the country in 2024. The revenue of housing repair and maintenance in Great Britain has been increasing at a fast pace in the past years.

The global residential real estate market, valued at $11.14 billion in 2025, is projected to experience robust growth, driven by several key factors. A compound annual growth rate (CAGR) of 6.07% from 2025 to 2033 indicates a significant expansion in market size over the forecast period. Rising urbanization, increasing disposable incomes in emerging economies, and shifting demographic trends, particularly the growth of millennial and Gen Z homebuyers, are major contributors to this growth. Further fueling the market is the ongoing demand for luxury properties and sustainable, eco-friendly housing options. The market is segmented by property type, encompassing apartments and condominiums, as well as landed houses and villas, each catering to distinct buyer preferences and price points. Competition among major players like Christie's International Real Estate, Coldwell Banker, and DLF Ltd, alongside regional and local developers, remains fierce, leading to innovation in property development and marketing strategies. While potential economic downturns and fluctuations in interest rates pose challenges, the long-term outlook for the residential real estate sector remains positive. However, the market's growth trajectory is not uniform across all regions. North America and Asia-Pacific are expected to be key growth drivers, fueled by strong economic performance and population growth in specific areas like major cities in the US and China. Conversely, regions facing economic instability or regulatory hurdles may experience slower growth. The increasing adoption of PropTech (property technology) solutions, including online property portals and virtual reality tours, is transforming the way properties are bought and sold, increasing efficiency and transparency. Sustainable building practices and government policies promoting affordable housing will also shape the market's future, influencing construction materials, design, and pricing strategies. Analyzing these factors is critical for investors and developers looking to navigate the complexities of this dynamic and lucrative market. Recent developments include: December 2023: The Ashwin Sheth group is planning to expand its residential and commercial portfolio in the MMR (Mumbai Metropolitan Area) region, India., November 2023: Tata Realty and Infrastructure, a wholly-owned subsidiary of Tata Sons, plans to grow its business with more than 50 projects in major cities in India, Sri Lanka and the Maldives. The projects have a development potential of more than 51 million square feet.. Key drivers for this market are: Rapid urbanization, Government initiatives. Potential restraints include: Rapid urbanization, Government initiatives. Notable trends are: Increased urbanization and homeownership by elderly.

Snapshot img

Real Estate Market Size 2025-2029

The real estate market size is forecast to increase by USD 1,258.6 billion at a CAGR of 5.6% between 2024 and 2029.

The market is experiencing significant shifts and innovations, with both residential and commercial sectors adapting to new trends and challenges. In the commercial realm, e-commerce growth is driving the demand for logistics and distribution centers, while virtual reality technology is revolutionizing property viewings. Europe's commercial real estate sector is witnessing a rise in smart city development, incorporating LED lighting and data centers to enhance sustainability and efficiency. In the residential sector, wellness real estate is gaining popularity, focusing on health and well-being. Real estate software and advertising services are essential tools for asset management, streamlining operations, and reaching potential buyers. Regulatory uncertainty remains a challenge, but innovation in construction technologies, such as generators and renewable energy solutions, is helping mitigate risks.

What will be the Size of the Real Estate Market During the Forecast Period?

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The market continues to exhibit strong activity, driven by rising population growth and increasing demand for personal household space. Both residential and commercial sectors have experienced a rebound in home sales and leasing activity. The trend towards live-streaming rooms and remote work has further fueled demand for housing and commercial real estate. Economic conditions and local market dynamics influence the direction of the market, with interest rates playing a significant role in investment decisions. Fully furnished, semi-furnished, and unfurnished properties, as well as rental properties, remain popular options for buyers and tenants. Offline transactions continue to dominate, but online transactions are gaining traction.
The market encompasses a diverse range of assets, including land, improvements, buildings, fixtures, roads, structures, utility systems, and undeveloped property. Vacant land and undeveloped property present opportunities for investors, while the construction and development of new housing and commercial projects contribute to the market's overall growth.

How is this Real Estate Industry segmented and which is the largest segment?

The industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Residential
  Commercial
  Industrial


Business Segment

  Rental
  Sales


Manufacturing Type

  New construction
  Renovation and redevelopment
  Land development


Geography

  APAC

    China
    India
    Japan
    South Korea


  North America

    Canada
    US


  Europe

    Germany
    UK


  South America

    Brazil


  Middle East and Africa

By Type Insights

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

The market encompasses the buying and selling of properties designed for dwelling purposes, including buildings, single-family homes, apartments, townhouses, and more. Factors fueling growth in this sector include the increasing homeownership rate among millennials and urbanization trends. The Asia Pacific region, specifically China, dominates the market due to escalating homeownership rates. In India, the demand for affordable housing is a major driver, with initiatives like Pradhan Mantri Awas Yojana (PMAY) spurring the development of affordable housing projects catering to the needs of lower and middle-income groups. The commercial real estate segment, consisting of office buildings, shopping malls, hotels, and other commercial properties, is also experiencing growth.

Furthermore, economic and local market conditions, interest rates, and investment opportunities in fully furnished, semi-furnished, unfurnished properties, and rental properties influence the market dynamics. Technological integration, infrastructure development, and construction projects further shape the real estate landscape. Key sectors like transportation, logistics, agriculture, and the e-commerce sector also impact the market.

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The Residential segment was valued at USD 1440.30 billion in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 64% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The Asia Pacific region holds the largest share of The market, dr

The Indian residential real estate market is experiencing robust growth, projected to reach a market size of ₹227.26 billion in 2025 and maintain a Compound Annual Growth Rate (CAGR) of 24.77% from 2025 to 2033. This expansion is fueled by several key factors. Increasing urbanization, a burgeoning middle class with rising disposable incomes, and favorable government policies promoting affordable housing are significant drivers. Furthermore, evolving consumer preferences towards larger, more sustainable, and technologically advanced homes are shaping the market. The segment is witnessing a shift towards premium properties, particularly condominiums and apartments in urban centers, while the demand for villas and landed houses remains strong in suburban and rural areas. Competition is intense, with established players like Godrej Properties, Prestige Estate, DLF, and others vying for market share alongside newer entrants. Challenges include fluctuating interest rates, land acquisition complexities, and regulatory hurdles, which can impact the pace of development and project completion timelines. However, the long-term outlook for the Indian residential real estate sector remains positive, driven by fundamental demographic and economic shifts. The market's segmentation by property type reveals a clear preference for apartments and condominiums, driven by increasing population density in urban areas and the appeal of convenient, modern living. However, villas and landed houses continue to hold significant appeal, particularly among high-net-worth individuals and families seeking more space and privacy. Geographical variations exist, with major metropolitan areas exhibiting higher growth rates compared to smaller cities. This disparity reflects the concentration of employment opportunities and infrastructure development in major urban hubs. The sector's growth is further supported by continuous improvements in infrastructure, better connectivity, and evolving financing options, making homeownership more accessible to a wider range of buyers. Sustained focus on affordable housing initiatives by the government is also instrumental in expanding the market reach and catering to a larger segment of the population. Recent developments include: December 2023: Ashwin Sheth Group planned to expand its residential and commercial portfolio in the MMR region.November 2023: Tata Realty and Infrastructure, a wholly-owned subsidiary of Tata Sons, planned to grow its business with over 50 projects in major cities in India, Sri Lanka, and the Maldives. The projects have a development potential of more than 51 million square feet.. Key drivers for this market are: 4., Rapid urbanization4.; Government initiatives. Potential restraints include: 4., Rapid urbanization4.; Government initiatives. Notable trends are: Increasing Demand for Big Residential Spaces is Driving the Market.

Projects by population, housing pathways and themes (FY 2016–2020).

The India Residential Construction Market is experiencing robust growth, projected to reach $189.80 million in 2025 and maintain a Compound Annual Growth Rate (CAGR) of 7.51% from 2025 to 2033. This expansion is fueled by several key drivers. A burgeoning middle class with increasing disposable incomes is driving demand for improved housing. Government initiatives promoting affordable housing and infrastructure development further stimulate the market. Urbanization, particularly in major metropolitan areas, contributes significantly to the demand for residential units. The market segments are diverse, encompassing apartments and condominiums, villas, and other housing types, with both new construction and renovation projects contributing to overall growth. Competition is intense, with established players like Puravankara, Mahindra Lifespace, Godrej Properties, and Prestige Group vying for market share alongside smaller, regional builders. While challenges remain, such as land acquisition complexities and fluctuating material costs, the overall market outlook remains positive, indicating sustained growth throughout the forecast period. The market's segmentation offers further insights. Apartments and condominiums likely dominate the market share due to their affordability and suitability for urban living. The new construction segment is expected to experience higher growth compared to renovations, driven by the increasing demand for new homes. However, renovation projects contribute significantly to the overall market, driven by factors such as improving existing properties and a desire for upgraded amenities. Regional variations are also expected, with major metropolitan areas experiencing faster growth compared to smaller cities and rural areas. The continuous evolution of construction technologies, focusing on sustainability and efficiency, will further shape the market landscape in the coming years. Strategic alliances and mergers & acquisitions are also likely to be witnessed, consolidating the market and driving innovation. This comprehensive report provides an in-depth analysis of the burgeoning India residential construction market, covering the period 2019-2033. With a base year of 2025 and an estimated year of 2025, the report offers valuable insights into market trends, driving forces, challenges, and future growth projections. The study meticulously examines various segments, including apartments and condominiums, villas, and other residential construction types, encompassing both new construction and renovation projects. This report is crucial for investors, developers, policymakers, and industry stakeholders seeking to understand the dynamics of this rapidly expanding market. Key drivers for this market are: Government Initiatives Promoting Affordable Housing, Economic Growth and Rising Disposable Incomes. Potential restraints include: Shortage of Skilled Labor, Fluctuating Construction Materials Costs. Notable trends are: Need for Affordable Housing is Driving the Market.

BackgroundHousing is a major social determinant of health that affects health status and outcomes across the lifespan.ObjectivesAn interagency portfolio analysis assessed the level of funding invested in “health and housing research” from fiscal years (FY) 2016–2020 across the National Institutes of Health (NIH), the United States Department of Housing and Urban Development (HUD), and the Centers for Disease Control and Prevention (CDC) to characterize the existing health and housing portfolio and identify potential areas for additional research and collaboration.Methods/ResultsWe identified NIH, HUD, and CDC research projects that were relevant to both health and housing and characterized them by housing theme, health topic, population, and study design. We organized the assessment of the individual housing themes by four overarching housing-to-health pathways. From FY 2016–2020, NIH, HUD, and CDC funded 565 health and housing projects combined. The Neighborhood pathway was most common, followed by studies of the Safety and Quality pathway. Studies of the Affordability and Stability pathways were least common. Health topics such as substance use, mental health, and cardiovascular disease were most often studied. Most studies were observational (66%); only a little over one fourth (27%) were intervention studies.DiscussionThis review of the research grant portfolios of three major federal funders of health and housing research in the United States describes the diversity and substantial investment in research at the intersection between housing and health. Analysis of the combined portfolio points to gaps in studies on causal pathways linking housing to health outcomes. The findings highlight the need for research to better understand the causal pathways from housing to health and prevention intervention research, including rigorous evaluation of housing interventions and policies to improve health and well-being.

Agency portfolios organized by housing pathway and theme, health topic, population, and study design (FY 2016–2020).

Abstract One of the possible strategies for improving the quality of construction projects is the use of Building Information Modelling (BIM), which involves innovations in information technology and changes in critical processes. In the social housing sector in Brazil, the need to evaluate a large number of projects proposed for funding in a very short time frame is a major challenge. Automated design checking has been pointed out as one of the main opportunities for the use of BIM in the building industry. The evaluation of social housing projects by governmental bodies is often based mainly on the experience of construction professionals, which may result in lack of uniformity in the criteria adopted, and in a time consuming and costly process. The aim of this research study is to propose a method for automated checking of requirements for the design of social housing projects by using BIM. This method was tested in two housing projects funded by the Minha Casa, Minha Vida programme, and compared to the manual process. This investigation also makes contributions related to the understanding of the nature of the requirements involved in this type of project, and discusses the process changes needed to introduce automated design checking.