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TwitterThe number of home sales in the United States peaked in 2021 at almost seven million after steadily rising since 2018. Nevertheless, the market contracted in the following year, with transaction volumes falling to 4.8 million. Home sales remained muted in 2024, with a mild increase expected in 2025 and 2026. A major factor driving this trend is the unprecedented increase in mortgage interest rates due to high inflation. How have U.S. home prices developed over time? The average sales price of new homes has also been rising since 2011. Buyer confidence seems to have recovered after the property crash, which has increased demand for homes and also the prices sellers are demanding for homes. At the same time, the affordability of U.S. homes has decreased. Both the number of existing and newly built homes sold has declined since the housing market boom during the coronavirus pandemic. Challenges in housing supply The number of housing units in the U.S. rose steadily between 1975 and 2005 but has remained fairly stable since then. Construction increased notably in the 1990s and early 2000s, with the number of construction starts steadily rising, before plummeting amid the infamous housing market crash. Housing starts slowly started to pick up in 2011, mirroring the economic recovery. In 2022, the supply of newly built homes plummeted again, as supply chain challenges following the COVID-19 pandemic and tariffs on essential construction materials such as steel and lumber led to prices soaring.
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TwitterIn 2022, the volume of commercial real estate transactions reached 752 billion U.S. dollars, up from 427 billion U.S. dollars in 2020. One of the reasons for the surge was the pandemic and the release of pent-up demand as the economy reopened. A real estate transaction refers to the process of passing the rights in a property unit from the seller to the buyer in return for an agreed upon sum. Effect of 2007-2008 credit crisis The U.S. real estate market reached its peak in 2007, just before the 2007-2008 credit crisis when the property market collapsed. The value of commercial property returns dropped between 2007 and 2009. Since 2010, the market has steadily recovered, and the volume of transactions climbed until 2015, and has levelled out since then. Types of commercial real estate The change in overall transaction volume is most likely impacted by the type of commercial properties which are more attractive to investors in a particular period. For instance, the interest in multifamily housing investment opportunities went down in the same period that interest in hotel investment opportunities went up.
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TwitterVacancy rates across the office real estate sector in the U.S. increased in the second quarter of 2025. This was in line with a general trend of rising vacancies that started in 2020 during the COVID-19 pandemic. In the second quarter of 2025, about 18.4 percent of office space across the country was vacant. In some major U.S. markets, vacancies exceeded 20 percent. With a considerable part of the workforce working from home or following a hybrid working model, businesses are cautious when it comes to upscaling or renewing leases. Workplaces may never be the same again The COVID-19 pandemic has changed the way that companies operate, with working from home becoming the new normal for many U.S. employees. The function of the office has evolved from the primary workplace to a space where employees collaborate, exchange ideas, and socialize. That has shifted occupiers’ attention toward spaces with modern designs that can accommodate the office of the future. Many businesses used the pandemic time to revisit their office guidelines, remodel, or do a full or partial fit-out. With so much focus on quality, older buildings with poorer design or energy performance are likely to suffer lower demand, resulting in a two-speed market. What do higher vacancy rates mean for investors? Simply put, if landlords do not have tenants, their income stream is disrupted, and they cannot service their debts. April 2023 data shows that several U.S. metros had a significantly high share of distressed office real estate debt. In Charlotte-Gastonia-Concord, NC-SC, more than one-third of the commercial mortgage-backed securities for offices were delinquent, in special servicing, or a combination of both. As of March 2025, offices had the highest delinquency rate in the commercial property sector.
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TwitterIn 2023, the average vacancy rate for industrial and logistics real estate in the United States started to rise, marking the first increase since early 2020. As of the first quarter of 2025, approximately 7.1 percent of industrial and logistics real estate was vacant - an increase of 3.32 percentage points since the fourth quarter of 2022. Despite vacancies rising, in many of the major industrial markets, the vacancy rate stood below five percent. Why has the vacancy rate increased? High-quality warehousing and fulfillment centers are crucial to the e-commerce sector because they allow retailers to establish efficient processes, reduce costs, and meet consumer expectations. During the COVID-19 pandemic, e-commerce sales grew rapidly, driving demand for industrial and logistics real estate. Rising leasing activity led to the share of available space dropping notably. As development increased to meet this demand, 2023 experienced the highest amount of new completions and vacancies rising. Which are the largest U.S. industrial and logistics markets? Home to the largest port complex in North America and a gateway for the trade between Asia and North America, Greater Los Angeles is the market with the most industrial and logistics real estate stock. Nevertheless, when considering demand, Phoenix and Houston topped the ranking with the most industrial and logistics real estate absorbed in 2024. Both markets possess a strategic location, proximity to the Gulf of Mexico, and a convenient connection to major East and West Coast markets.
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Graph and download economic data for Median Sales Price of Houses Sold for the United States (MSPUS) from Q1 1963 to Q2 2025 about sales, median, housing, and USA.
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Graph and download economic data for Average Sales Price of Houses Sold for the United States (ASPUS) from Q1 1963 to Q2 2025 about sales, housing, and USA.
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According to our latest research, the global flexible housing market size reached USD 60.4 billion in 2024, reflecting a robust upward trajectory driven by urbanization, changing lifestyles, and the urgent need for adaptable living spaces. The market is projected to grow at a CAGR of 8.7% from 2025 to 2033, reaching an estimated USD 124.3 billion by 2033. This accelerated growth is primarily fueled by the increasing demand for innovative housing solutions that offer flexibility, sustainability, and cost-effectiveness in both developed and emerging economies.
The growth of the flexible housing market is being significantly influenced by rapid urbanization and the shifting demographic landscape. As more people migrate to urban centers, the demand for efficient, adaptable, and affordable housing options has surged. Flexible housing solutions such as modular and prefabricated units address the acute shortage of urban housing by enabling faster construction times and reducing costs compared to traditional methods. Additionally, the growing prevalence of nuclear families, digital nomads, and remote workers has amplified the need for housing that can be easily adapted or relocated to suit changing circumstances. The rise of smart cities and urban regeneration projects further supports the adoption of flexible housing, as municipalities and developers seek scalable and sustainable ways to accommodate fluctuating population densities and evolving community needs.
Technological advancements in construction and materials have also played a pivotal role in propelling the flexible housing market forward. Innovations such as 3D printing, advanced prefabrication techniques, and the use of sustainable materials have made it possible to produce high-quality, customizable housing units at scale. These technologies not only streamline the construction process but also minimize waste and environmental impact, aligning with the global push towards sustainability and green building practices. The integration of smart home technologies into flexible housing units enhances their appeal, offering residents greater convenience, energy efficiency, and security. As a result, both private and public sector stakeholders are increasingly investing in flexible housing projects to meet the needs of diverse populations while achieving their environmental and social responsibility goals.
Another key growth driver is the evolving regulatory landscape and supportive government policies. Many governments around the world are recognizing the potential of flexible housing to address critical issues such as homelessness, disaster recovery, and affordable housing shortages. Incentives, subsidies, and streamlined permitting processes are being introduced to encourage the adoption of modular, prefabricated, and adaptive reuse housing solutions. In addition, the COVID-19 pandemic underscored the importance of housing flexibility, as cities and organizations sought rapid solutions for quarantine, healthcare, and temporary accommodation needs. This has led to a shift in perception, with flexible housing gaining mainstream acceptance and being viewed as a viable long-term solution rather than just a temporary fix.
Regionally, the flexible housing market is witnessing dynamic growth patterns, with Asia Pacific emerging as the fastest-growing region due to its massive urbanization and infrastructure development initiatives. North America and Europe continue to lead in terms of technological innovation and adoption of sustainable building practices, while Latin America and the Middle East & Africa are gradually embracing flexible housing to address local housing deficits and support economic diversification. Each region presents unique opportunities and challenges, shaped by factors such as regulatory frameworks, cultural preferences, and economic conditions. As market players tailor their strategies to regional dynamics, the global flexible housing market is poised for sustained expansion throughout the forecast period.
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TwitterThe homeownership rate in the United States amounted to nearly 66 percent in the third quarter of 2024. While there are many factors that affect people’s decision to buy a house, the recent decrease can be attributed to the higher mortgage interest rates, which make taking out a mortgage less affordable for potential buyers, especially considering the surge in house prices in recent years. Which factors affect homeownership? Age and ethnicity have a strong correlation with homeownership. Baby boomers, for example, are twice as likely to own their home than Millennials. Also, the homeownership rate among white Americans is substantially higher than among any other ethnicity. How does the U.S. homeownership rate compare with other countries? Having a home is an integral part of the “American Dream”. Compared with selected European countries, the U.S. ranks alongside the United Kingdom, Cyprus, and Ireland. Many countries in Europe, however, exceed 80 percent homeownership rate.
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Housing developers have navigated pronounced economic swings over the past five years, as borrowing environments and Federal Reserve rate policy have dictated industry growth and contraction. Early pandemic-era interest rate cuts and remote work fueled a boom in home building, especially in suburban and affordable regions, but subsequent rate hikes sharply reversed momentum. Developers enjoyed robust sales from projects initiated during the low-rate period, even as new housing starts declined under pressure from rising mortgage costs and weakening consumer demand. The struggle has been particularly acute for small and medium-sized housing developers, which continue to close their doors or merge as cost pressures mount and competition from large developers intensifies. Persistent labor shortages and escalating input costs, driven partly by tariffs, have prevented profit growth, boosting the market share and pricing power of prominent developers able to pass costs to buyers or access strategic partners. Overall, industry revenue has been increasing at a CAGR of 5.2% over the past five years to total an estimated $324.2 billion in 2025, including an estimated decrease of 0.7% in 2025. Single-family construction marked a bright spot in 2024, with leading developers like DR Horton capitalizing on demand for space and affordability. However, the pipeline for single-family projects has been hindered by high rates and tariff uncertainty that persisted throughout most of 2025. Multifamily development endured deeper contractions, particularly in 2023 and 2024, with vacancy rates and losses intensifying among even the largest developers before rebounding in 2025 as starts and demand recovered. Continued rate cuts by the Federal Reserve will set the stage for housing developers to regain growth momentum. Developers are poised to benefit from pent-up demand, housing shortages and renewed construction activity, particularly in the single-family segment, where affordability remains critical. However, rising material and labor costs will continue to pose operational challenges, leading developers to seek efficiencies or pass costs downstream. The expiration of federal green building credits in 2026 will prompt a rush to complete qualifying projects, but may curb longer-term investment in sustainable construction unless new incentives emerge. Expansions near newly announced manufacturing hubs are expanding, with developers acquiring land and prepping communities to meet workforce housing needs as the national focus on domestic manufacturing spurs regional population inflows and rising housing demand. Overall, industry revenue is forecast to climb at a CAGR of 1.8% to total an estimated $354.7 billion through the end of 2030.
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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...
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The European commercial real estate (CRE) market, valued at approximately €1.47 trillion in 2025, is projected to experience steady growth, driven by a robust CAGR of 3.53% from 2025 to 2033. This expansion is fueled by several key factors. Strong demand from diverse sectors, including burgeoning technology companies seeking modern office spaces, expanding e-commerce driving logistics real estate growth, and a resilient hospitality sector recovering from pandemic impacts, all contribute to market dynamism. Furthermore, increasing urbanization and a focus on sustainable building practices are shaping investor interest and development strategies. While economic uncertainty and rising interest rates present some headwinds, the long-term outlook remains positive, particularly in major European markets like the UK, Germany, and France, which are expected to dominate the market share. The segment breakdown reveals a diversified market with significant investments in offices, retail, industrial, and logistics properties, reflecting the evolving needs of the European economy. The presence of major international players like Blackstone, Hines, and others indicates the significant investment opportunities within the sector. However, regional variations exist, with growth rates potentially exceeding the average CAGR in specific regions like the Nordics, fueled by strong economic performance and technological advancements. Conversely, some Southern European markets may experience slower growth due to economic challenges and varying levels of investment. The continued emergence of flexible work models and evolving consumer preferences will require CRE developers and investors to adapt strategies to remain competitive. The long-term success of the European CRE market hinges on effective risk management amidst global economic uncertainty and a sustained focus on sustainability initiatives to meet environmental targets and appeal to environmentally conscious investors and tenants. The ongoing competition among large and specialized firms ensures a dynamic and innovative market. This report provides a detailed analysis of the European commercial real estate market, encompassing historical data (2019-2024), the current landscape (2025), and a comprehensive forecast extending to 2033. It leverages extensive data and expert insights to offer invaluable information for investors, developers, and industry stakeholders. This report focuses on key segments including offices, retail, industrial, logistics, multi-family, and hospitality, across major European markets. Recent developments include: March 2022: BNP Paribas Real Estate acquired a residential asset for its mutual fund BNP Paribas Diversipierre from HT Group, based out of Hamburg. The residential asset is located in Hamburg's Bergedorf district in Germany. This acquisition was made to build a residential asset portfolio and diversify the company's presence in Europe., February 2022: Blackstone Inc. (a leading global investment company) recapitalized its European last-mile logistics company. Blackstone Inc., an existing investor in Midway (a company that owns urban warehouses), agreed to a deal that values the business at USD 24 billion.. Key drivers for this market are: Increasing number of startups. Potential restraints include: Low Awareness and Privacy Issues. Notable trends are: Increasing Investments in the Commercial Real Estate Sector.
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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...
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TwitterIn the United States, interest rates for all mortgage types started to increase in 2021. This was due to the Federal Reserve introducing a series of hikes in the federal funds rate to contain the rising inflation. In the fourth quarter of 2024, the 30-year fixed rate rose slightly, to 6.63 percent. Despite the increase, the rate remained below the peak of 7.33 percent in the same quarter a year ago. Why have U.S. home sales decreased? Cheaper mortgages normally encourage consumers to buy homes, while higher borrowing costs have the opposite effect. As interest rates increased in 2022, the number of existing homes sold plummeted. Soaring house prices over the past 10 years have further affected housing affordability. Between 2013 and 2023, the median price of an existing single-family home risen by about 88 percent. On the other hand, the median weekly earnings have risen much slower. Comparing mortgage terms and rates Between 2008 and 2023, the average rate on a 15-year fixed-rate mortgage in the United States stood between 2.28 and 6.11 percent. Over the same period, a 30-year mortgage term averaged a fixed-rate of between 3.08 and 6.81 percent. Rates on 15-year loan terms are lower to encourage a quicker repayment, which helps to improve a homeowner’s equity.
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Explore the recent trends in construction lumber pricing affected by supply chain disruptions, demand changes, and economic shifts up to 2023. Learn about the impact of the pandemic, housing market dynamics, and trade policies on lumber costs, and how prices have stabilized post-pandemic. Stay informed about the factors influencing lumber prices and their implications for builders and developers.
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TwitterIn a September 2020 survey among adults in the United States, many respondents said that the COVID-19 pandemic did not change their interest in buying a home. Millennials were most likely to have changed their homeownership plans: ** percent of Millennials were more interested in buying a home due to the COVID-19 pandemic compared with **** percent of Baby Boomers.In the United States, the 2020 homeownership rate reached **** percent.
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Explore the fluctuating deck lumber prices in 2023, influenced by supply chain disruptions, environmental factors, and robust housing market demand. Understand how pandemic impacts, international trade policies, and innovations like engineered wood are shaping the market dynamics.
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This study examines the spatial dynamics of urban vegetation and its impact on housing prices in Chicago, analyzing data from both pre- and post-COVID-19 periods. Employing Ordinary Least Squares (OLS) and Multiscale Geographically Weighted Regression (MGWR) models, we assess how the effects of green spaces on property values vary across different neighborhoods. The OLS model generally indicates a positive correlation between increased vegetation and housing prices. In contrast, the MGWR model reveals that the benefits of urban green spaces to property values are not uniformly distributed and exhibit significant variability. Notably, in some South Side areas of Chicago, increases in green space correlate with declines in property values, a sensitivity that intensified post-pandemic, leading to notable price declines. Conversely, the North Side, characterized as a higher-income area, shows greater resilience to the impacts of both increased green spaces and the COVID-19 pandemic, with less susceptibility to economic downturns. This research underscores the intricate interplay between urban green spaces and economic factors, highlighting how local socio-economic conditions and urban planning strategies can influence the economic benefits of vegetation. The findings provide essential insights for urban policymakers and planners striving to promote sustainable development and equitable economic growth in urban environments.
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TwitterIn response to the 2020 COVID-19 pandemic and its anticipated effects on the residential real estate market, the Cook County Assessor will adjust residential assessments. This data can be used to replicate residential COVID adjustments. Code can be located on GitLab. See data notes for link. NOTE that the 'adjusted values' in this data will not necessarily be consistent with each individual PIN's final assessment. To get the final assessment for an individual PIN, please visit www.cookcountyassessor.com.
Splitgraph serves as an HTTP API that lets you run SQL queries directly on this data to power Web applications. For example:
See the Splitgraph documentation for more information.
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According to Cognitive Market Research, the global Tiny House market size was USD 5814.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 4.50% 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 2325.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.7% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 1744.35 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 1337.34 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.5% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 290.73 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.9% 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 116.29 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031.
The Mobile Tiny Homes is the fastest growing segment of the Tiny House industry
Market Dynamics of Tiny House Market
Key Drivers for Tiny House Market
Increasing Affordability to Boost Market Growth
Tiny houses provide a more affordable housing solution compared to conventional houses, mainly in high-price markets. Their smaller size leads to decreased construction and upkeep expenses, making homeownership accessible for people and households on tight budgets. The minimalist lifestyle related to tiny dwellings encourages financial freedom, permitting house owners to allocate their budget towards stories or financial savings as opposed to mortgage bills. Additionally, many tiny house designs include sustainable materials and energy-green features, further decreasing long-term charges. As the housing market continues to push upward, tiny homes are a realistic choice for the ones looking for low-priced and sustainable dwellings.
Expansion of Sustainability to Drive Market Growth
The tiny house motion embodies a commitment to environmental sustainability, addressing growing worries about resource intake and carbon footprints. Tiny houses usually utilize green materials, which include reclaimed timber and recycled merchandise, minimizing waste all through creation. Their smaller length inherently reduces power consumption, with many designs incorporating energy-efficient features like sun panels, composting toilets, and awesome insulation. Additionally, many tiny houses promote off-grid dwellings, enabling homeowners to depend on renewable strength sources and decrease dependency on conventional utilities. By prioritizing sustainable practices, the tiny house movement now not only fosters an easier way of life but also encourages a healthier planet for future generations.
Restraint Factor for the Tiny House Market
Regulatory Challenges, will Limit Market Growth
Tiny homes face substantial regulatory challenges due to varying building codes and zoning policies across jurisdictions. These discrepancies can complicate the allowing technique, making it difficult for potential proprietors to set up their houses legally. In a few regions, tiny houses on wheels can be categorized as recreational cars rather than permanent dwellings, restricting where they may be parked or inhabited. Additionally, certain municipalities may mandate that tiny houses be placed on everlasting foundations, similarly complicating their production. These regulatory hurdles can discourage individuals from embracing the tiny house motion, highlighting the need for updated guidelines that assist opportunity housing solutions.
Impact of Covid-19 on the Tiny House Market
The COVID-19 pandemic drastically impacted the tiny house marketplace, using a surge in interest as people sought low-priced, flexible housing answers amidst financial uncertainty. With faraway paintings turning into more ordinary, many people started to prioritize a minimalist lifestyle, mainly due to multiplied calls for tiny homes. Additionally, the choice for self-sufficiency and stale-grid dwelling received traction, encouraging extra customers to explore sustainable housing alternatives. However, deliver chain disruptions affected creation timelines and fabric availability, posing challenges for developers. O...
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The Japanese mortgage and loan broker market, valued at 5.20 million in 2025, is projected to grow at a CAGR of 3.92% through 2033. This growth is driven by increasing homeownership rates, rising disposable incomes, and government incentives for homebuyers. The market is segmented by loan type, term, interest rate, and provider. Key players include Bank of Japan, Bank of China, Suruga Bank Ltd., and SMBC Trust Bank. Major trends shaping the market include the increasing popularity of online mortgage applications, the growing demand for jumbo loans, and the rising interest rates. However, the market is also facing challenges such as stringent regulations, rising competition, and the impact of the COVID-19 pandemic. Despite these challenges, the long-term outlook for the market remains positive, as Japan's housing market is expected to continue to grow in the coming years. Recent developments include: In March 2024, Leading Japanese online stocks broker Matsui Stocks Co., Ltd. established a partnership with global fintech firm Broadridge Financial Solutions, Inc. to boost its stock lending business via Broadridge's cloud-based SaaS post-trade processing technology., In July 2023, Mitsubishi UFJ Financial Group and Morgan Stanley expanded their 15-year-old partnership. At their joint brokerage operations, the Japanese and American institutions have decided to work together more closely on forex trading, as well as on researching and selling Japanese stocks to institutional investors.. Key drivers for this market are: Increase in demand for Financial Home Loan Solutions, Increased Accessibility to Loan Broker Services. Potential restraints include: Increase in demand for Financial Home Loan Solutions, Increased Accessibility to Loan Broker Services. Notable trends are: Consistent level of interest rate and Increasing Real Estate price affecting Japan's Mortgage/Loan Broker Market..
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TwitterThe number of home sales in the United States peaked in 2021 at almost seven million after steadily rising since 2018. Nevertheless, the market contracted in the following year, with transaction volumes falling to 4.8 million. Home sales remained muted in 2024, with a mild increase expected in 2025 and 2026. A major factor driving this trend is the unprecedented increase in mortgage interest rates due to high inflation. How have U.S. home prices developed over time? The average sales price of new homes has also been rising since 2011. Buyer confidence seems to have recovered after the property crash, which has increased demand for homes and also the prices sellers are demanding for homes. At the same time, the affordability of U.S. homes has decreased. Both the number of existing and newly built homes sold has declined since the housing market boom during the coronavirus pandemic. Challenges in housing supply The number of housing units in the U.S. rose steadily between 1975 and 2005 but has remained fairly stable since then. Construction increased notably in the 1990s and early 2000s, with the number of construction starts steadily rising, before plummeting amid the infamous housing market crash. Housing starts slowly started to pick up in 2011, mirroring the economic recovery. In 2022, the supply of newly built homes plummeted again, as supply chain challenges following the COVID-19 pandemic and tariffs on essential construction materials such as steel and lumber led to prices soaring.