After Millennials, Gen Z, or the adults born between 1997 and 2003, are next in line to enter the housing market in the United States. According to a survey conducted among over 15,000 respondents in the U.S., approximately 47 percent of Gen Zers who were planning to purchase a home in the next 12 months were also actively looking for one as of June 2022. In comparison, in the second quarter of 2021, this percentage was much higher at 64 percent. During the same period, roughly 18 percent of U.S. adults were planning a home purchase in the next year.

The US residential real estate market is projected for steady growth (2.04% CAGR) through 2033, driven by factors like population increase and evolving housing preferences. Discover key trends, market segmentation analysis, and leading companies shaping this dynamic sector. 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.

In 2022, San Jose, CA, was the hottest market for millennial homebuyers in the United States. Millennials in San Jose were responsible for nearly ** percent of the house purchase requests. Denver, CO, and Boston, MA, completed the top three with over ** percent of purchase requests. Which are the states with the youngest population in the U.S.? It should come as no surprise that the demographic composition plays a central role in the development of the housing market in different states. In 2020, the median age in the United States was 38.2 years, but some states, such as Alaska, District of Columbia, and Utah had much younger population. In contrast, Maine, Puerto Rico, and Hampshire had the highest median age of population. Millennials’ attitudes towards homeownership While many millennials have given up on homeownership, one in ***** people share that they are in the process of saving for a home purchase. These results suggest that young Americans have not entirely given up on the American dream of owning a home of their own.

After millennials, Gen Z, or the adults born between 1997 and 2003, are next in line to enter the U.S. housing market. According to a survey conducted among over 15,000 respondents in the U.S., approximately 25 percent of Gen Zers were planning to purchase a home in the next 12 months as of June 2023. This was an increase from the same quarter in 2022 when ** percent of Zoomers were planning a home purchase. As house prices and interest rates continue to rise, the fluctuation in homebuyer sentiment can be seen among all generation groups.

A housing market prediction that many experts agree on is that it will be a seller’s market. Home prices are expected to rise for some time due to increased demand and limited supply. Millennials are at the age to start investing in the real estate market for the first time. Hence, the demand for residential and commercial projects is rising with every passing day. The future of real estate will witness a rise in demand and limited supply, resulting in it being a seller’s market.

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Discover the booming global residential real estate market! Our comprehensive analysis reveals a $11.14 billion market in 2025, projected to grow at a 6.07% CAGR through 2033. Explore key drivers, regional trends, and leading companies shaping this dynamic industry. 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.

MSA YoY_Growth_pct Homeownership_pct GenZ_HH Category Detroit 40.7 33.6 207196 High-Growth, High Homeownership (Top Right) Chicago 32.5 30.1 276704 High-Growth, High Homeownership (Top Right) Phoenix 1.4 29.5 200333 Low-Growth, High Homeownership (Top Left) Austin 32.2 27.9 182513 High-Growth, High Homeownership (Top Right) Miami 10.6 27.8 226123 Low-Growth, High Homeownership (Top Left) Dallas 14.3 24.4 388053 Low-Growth, High Homeownership (Top Left) Atlanta 33.8 22.1 269112 High-Growth, High Homeownership (Top Right) Philadelphia 52.3 20.9 262003 High-Growth, High Homeownership (Top Right) Los Angeles 34.7 18.8 495543 High-Growth, Low Homeownership (Bottom Right) Denver 32.2 18.3 186062 High-Growth, Low Homeownership (Bottom Right) Boston 30.1 17.6 204983 High-Growth, Low Homeownership (Bottom Right) Washington 11.2 17.4 233899 Low-Growth, Low Homeownership (Bottom Left) New York 29 16 669631 Low-Growth, Low Homeownership (Bottom Left) Houston 4.1 15.3 254354 Low-Growth, Low Homeownership (Bottom Left) Seattle 7.7 10.7 183534 Low-Growth, Low Homeownership (Bottom Left)

According to a survey conducted among over 15,000 respondents in the U.S., between 36 and 55 percent of home buyers who were actively looking to buy a home in the next 12 months were not able to find one at a price they could afford as of the second quarter of 2023. Approximately ** percent of millennials struggled to find a home at an acceptable price, while for Baby Boomers, this percentage was higher at ** percent. According to the source, the main reason for the decline across all generations except for baby boomers was that respondents reported other reasons, such as getting outbid by other buyers or the inability to find a home in the desired neighborhood. In the second quarter of 2023, roughly ** percent of U.S. adults were planning a home purchase in the next year.

Discover the booming fully furnished commodity house market! This in-depth analysis reveals a projected 8% CAGR through 2033, driven by urbanization and millennial demand. Learn about key players, regional trends, and growth opportunities in this lucrative sector.

The Residential Mortgage Service market is projected to reach a value of XXX million by 2033, expanding at a CAGR of XX% during the forecast period. This growth is attributed to increasing disposable income, urbanization, and the growing number of first-time homebuyers. Additionally, government initiatives and favorable interest rates have further fueled market expansion. Key market drivers include the rising demand for affordable housing, technological advancements in mortgage processing, and the expansion of the real estate sector. The market is segmented based on application, type, and region. The first-time buyer segment is expected to witness significant growth due to the increasing number of millennials entering the housing market. The purchase segment dominates the type category, driven by the rising demand for new homes. In terms of region, North America is anticipated to hold the largest market share owing to the presence of a large and well-established mortgage industry. Asia Pacific is projected to exhibit the highest growth rate during the forecast period due to the increasing urbanization and growing middle class. Major market players include Accenture, Residential Mortgage Services, Bigelow LLC., Cummings Mortgage Service, and East Shore Mortgage Services.

Discover the booming global housing rental service market! This comprehensive analysis reveals key trends, growth drivers, and challenges impacting short-term and long-term rentals, along with insights into leading companies and regional variations. Explore market projections to 2033 and uncover lucrative investment opportunities.

Build-to-Rent Housing Market Outlook

As per our latest research, the global Build-to-Rent (BTR) housing market size reached USD 74.3 billion in 2024, reflecting a robust expansion driven by rising demand for professionally managed rental communities. The market is projected to grow at a CAGR of 10.1% from 2025 to 2033, reaching an estimated USD 192.2 billion by 2033. This impressive growth trajectory is primarily fueled by evolving lifestyle preferences, increasing urbanization, and a shift in housing affordability, which are collectively redefining the residential real estate landscape worldwide.

One of the most significant growth factors for the Build-to-Rent housing market is the changing demographic profile of urban populations. Young professionals and millennials increasingly prioritize flexibility and convenience over homeownership, leading to a surge in demand for rental properties that offer modern amenities and community-centric living. The BTR model, with its professionally managed services, maintenance support, and enhanced communal facilities, appeals strongly to this demographic. Additionally, the growing number of digital nomads and remote workers is further amplifying the need for adaptable, high-quality rental housing, particularly in metropolitan areas and emerging urban centers.

Another major driver for the Build-to-Rent housing market is the ongoing affordability crisis in many global cities. Escalating property prices and stringent mortgage requirements have made homeownership unattainable for a significant portion of the population, especially in North America and Europe. As a result, institutional investors and real estate developers are capitalizing on this opportunity by expanding their BTR portfolios. The stable, long-term rental income streams offered by BTR assets are particularly attractive to pension funds, insurance companies, and private equity firms seeking diversification and resilience in their investment portfolios.

Technological advancements and innovation in construction methods are also catalyzing the growth of the Build-to-Rent housing market. The adoption of modular and prefabricated construction techniques is enabling developers to accelerate project timelines, reduce costs, and improve sustainability outcomes. These methods are particularly suited to the BTR model, where speed to market and operational efficiency are critical. Furthermore, the integration of smart home technologies and digital management platforms is enhancing tenant experiences and operational transparency, thereby increasing the appeal of BTR properties to both residents and investors.

Regionally, North America and Europe continue to dominate the Build-to-Rent housing market, accounting for a combined market share of over 65% in 2024. However, Asia Pacific is emerging as a high-growth region, driven by rapid urbanization, rising middle-class populations, and supportive government policies. Latin America and the Middle East & Africa are also witnessing growing interest in the BTR model, particularly in gateway cities with expanding expatriate communities and young workforces. The regional outlook for the BTR market remains highly positive, underpinned by favorable demographic trends and increasing investor appetite for income-generating real estate assets.

Property Type Analysis

The Build-to-Rent housing market is segmented by property type into single-family homes, multi-family apartments, townhouses, and others. Among these, multi-family apartments currently hold the largest market share, accounting for over 55% of the global BTR inventory in 2024. The preference for multi-family developments is rooted in their efficient land use, scalability, and ability to offer a wide array of amenities such as gyms, co-working spaces, and communal lounges. These features are highly attractive to young professionals and urban dwellers seeking community engagement and convenience. Furthermore, mul

2018 2024 Under 45 65.0% 66.4% 45-54 17.2% 15.8% 55-64 11.0% 10.7% 65-74 5.5% 5.5% 75+ 1.4% 1.7%

Owning a home has traditionally been an integral part of the "American dream", but for millennials entering the housing market has been notoriously difficult. Between 2018 and 2022, the share of millennials in the United States who expect to always rent their home increased from **** to **** percent. As the youngest demographic in the housing market, people under 35 years have a homeownership rate much lower than any other generation.

North America Residential Construction Market size was valued at USD 850 Billion in 2024 and is projected to reach USD 1300 Billion by 2032, growing at a CAGR of 6.5% from 2026 to 2032.North America Residential Construction Market DynamicsThe key market dynamics that are shaping the North America residential construction market include:Key Market Drivers:Housing Demand and Demographic Shifts: U.S. Census Bureau's comprehensive demographic analysis reports 17.3% increase in first-time homebuyers under 35. Millennials now account for 43% of mortgage applications, driving historic USD 1.5 trillion in housing market demand and profoundly changing residential real estate dynamics.Sustainable Building Technologies: In accordance to the thorough sustainability report published by the United States Green Building Council, green certifications are now used in 48% of new residential construction. Energy-efficient buildings consistently attract 7.1% higher market values, indicating a significant economic incentive for sustainable residential construction techniques.

The primary reasons for purchasing a home in the United States in 2024 varied among home buyers. Approximately one in four homebuyers bought a home because they desired to have their own home. Having one's own home was mainly considered by millennial buyers during their home buying process.

Home buyer statistics from 100+ million applications showing generational differences in loan amounts and down payments by Homebuyer.com.

The global House Rental Platforms market is poised for significant expansion, projected to reach an estimated value of $34,500 million by 2025, with a robust Compound Annual Growth Rate (CAGR) of 12.5% expected to propel it to $87,000 million by 2033. This impressive growth is primarily fueled by the increasing demand for flexible and convenient housing solutions, particularly among younger generations like millennials and Gen Z. The platform's ability to streamline the rental process, from property discovery and virtual tours to lease agreements and payment management, addresses key pain points for both renters and landlords. The burgeoning short-term rental market, driven by tourism and the rise of the gig economy, alongside the steady demand for long-term apartment and house rentals, are significant contributors to this upward trajectory. Technology advancements, including AI-powered search filters, virtual reality property viewings, and secure online payment systems, are further enhancing user experience and driving platform adoption. Key drivers for this market's ascent include urbanization, a growing preference for renting over homeownership, and the increasing adoption of digital tools for real estate transactions. While the market presents immense opportunities, certain restraints such as stringent regulatory frameworks in some regions, potential cybersecurity risks, and the intense competition among established and emerging players could pose challenges. However, the continuous innovation in platform features, the expansion into emerging markets, and strategic partnerships are expected to mitigate these concerns. The market encompasses a diverse range of property types, with apartments and houses dominating the landscape, catering to both long-term lease and short-term rental applications. Leading companies like HousingAnywhere, Rentberry, Spotahome, and Airbnb are at the forefront of shaping this dynamic industry, continuously introducing features to meet evolving consumer needs and solidify their market positions. This report provides a comprehensive analysis of the global house rental platform market, offering insights into its structure, dynamics, and future trajectory. We delve into the competitive landscape, product offerings, regional trends, and the key drivers and challenges shaping this rapidly evolving industry. The report leverages estimated user and transaction data in the millions to paint a clear picture of market scale and player influence.

The Millennial Housing Needs and Co-living Services market has evolved significantly in recent years, shaped by the unique lifestyle preferences and economic challenges faced by this generation. Millennials, now in their prime living years, are seeking flexible, affordable, and community-oriented living arrangements

Discover the booming long-term rental apartment market! Our analysis reveals key trends, growth drivers, and challenges impacting this dynamic sector, including insights into major players like Common, HomeShare, and Ollie. Explore regional market shares and future projections for informed investment decisions.