Chinese buyers comprise one of the largest groups of foreign buyers of residential property in the United States. In 2017, a record number of residential properties were bought by Chinese nationals, but since then, both the sales volume and percentage of all foreign-bought properties has declined. In 2025, Chinese buyers were responsible for ** percent of all sales to foreigners. Who is the biggest buyer of U.S. residential property? During the coronavirus pandemic, buyers from Canadian and Mexican origin dominated international transactions. In 2025 Chinese nationals were the largest buyers of U.S. residential property. They were also responsible for the largest share of the aggregate value of properties purchased. On average, Chinese bought properties were also substantially more expensive than the ones purchased by other buyer groups, such as Canadians. How has the market developed? The total property sales to foreign buyers peaked at *** U.S. dollars in 2017, followed by a period of declining transaction value. The coronavirus pandemic has significantly contributed to cross-border transactions remaining subdued. In 2024, the value of property sales to foreigners was the lowest observed since recording began.

Water Leak Sensor Programs for Property Market Outlook

According to our latest research, the Global Water Leak Sensor Programs for Property market size was valued at $1.2 billion in 2024 and is projected to reach $3.8 billion by 2033, expanding at a robust CAGR of 13.6% during the forecast period of 2025–2033. One of the major factors propelling the growth of this market is the increasing incidence of water-related property damage and the growing awareness among property owners, managers, and insurers regarding the financial and environmental benefits of early leak detection. As urbanization accelerates and smart building technologies become ubiquitous, the demand for advanced water leak detection and mitigation solutions is surging, driving innovation and adoption across residential, commercial, and industrial sectors worldwide.

Regional Outlook

North America currently holds the largest share of the global Water Leak Sensor Programs for Property market, accounting for over 38% of the total market value in 2024. The region’s dominance is underpinned by mature real estate and insurance markets, widespread adoption of smart home technologies, and stringent building codes aimed at minimizing water damage and loss. The United States, in particular, has witnessed significant investments in property technology (PropTech), with both residential and commercial property owners integrating leak detection systems as part of broader risk management strategies. In addition, the presence of major industry players, proactive regulatory frameworks, and high insurance penetration rates have collectively contributed to the region’s leadership in this market segment.

The Asia Pacific region is forecasted to be the fastest-growing market, with a projected CAGR exceeding 16.5% from 2025 to 2033. Rapid urbanization, increasing construction of high-rise residential and commercial complexes, and rising awareness regarding property asset protection are key drivers fueling adoption in this region. Countries like China, Japan, South Korea, and India are experiencing a surge in smart infrastructure investments, including IoT-enabled water management systems. Government initiatives promoting smart city development and water conservation, coupled with a growing middle class seeking technologically advanced home solutions, are further accelerating the uptake of water leak sensor programs in Asia Pacific.

Emerging economies in Latin America and the Middle East & Africa are also witnessing growing interest in water leak sensor programs, albeit at a comparatively nascent stage. Adoption challenges in these regions stem from limited infrastructure, budget constraints, and lower awareness among property owners. However, localized demand is rising, especially in urban centers prone to water scarcity and high property insurance costs. Policy initiatives aimed at sustainable water management and infrastructure modernization are expected to gradually overcome these barriers, paving the way for future market expansion. Overall, while these regions currently contribute a smaller share to the global market, their long-term growth potential remains substantial as regulatory support and technological awareness increase.

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Freeze Sensor Programs for Property Market Outlook

According to our latest research, the Global Freeze Sensor Programs for Property market size was valued at $1.8 billion in 2024 and is projected to reach $4.7 billion by 2033, expanding at a CAGR of 11.2% during 2024–2033. The primary factor propelling this impressive growth is the increasing awareness among property owners and managers about the risks and financial losses associated with frozen pipes and water damage, particularly in regions prone to severe winter conditions. As property insurance claims related to freeze events continue to rise, the demand for advanced freeze sensor programs that offer real-time monitoring, early warnings, and integration with smart home systems is accelerating globally.

Regional Outlook

North America currently holds the largest share of the Freeze Sensor Programs for Property market, commanding over 38% of the global revenue in 2024. This dominance is attributed to the region’s mature real estate sector, high adoption of smart home technologies, and stringent building codes that emphasize property protection against environmental hazards. The United States, in particular, has witnessed widespread deployment of both wired and wireless freeze sensors in residential and commercial properties, driven by frequent polar vortex events and insurance incentives for risk mitigation. Robust distribution networks, a tech-savvy consumer base, and active participation from leading property insurers have further solidified North America’s leadership in this market segment.

Asia Pacific is projected to be the fastest-growing region, with a forecasted CAGR of 14.8% from 2024 to 2033. Rapid urbanization, increasing disposable incomes, and the proliferation of smart city initiatives are key factors fueling demand for freeze sensor programs in countries such as China, Japan, and South Korea. Investments in infrastructure modernization, coupled with heightened awareness of climate-related risks, are encouraging both public and private stakeholders to adopt advanced sensor technologies. Furthermore, the rising trend of connected homes and the expansion of e-commerce channels for smart devices are making freeze sensors more accessible to a broader consumer base across the region, driving robust market expansion.

In emerging economies across Latin America, the Middle East, and Africa, the adoption of freeze sensor programs for property is still in its nascent stages. Localized challenges such as limited awareness, budget constraints, and varying climatic conditions impact market penetration. However, policy reforms aimed at improving building safety standards, coupled with the entry of global sensor manufacturers, are gradually fostering market growth. Government incentives and insurance partnerships are beginning to play a pivotal role in educating end-users about the benefits of freeze protection, signaling a slow but steady rise in adoption rates in these regions.

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Garage Doors Market Outlook

According to our latest research, the Global Garage Doors market size was valued at $17.2 billion in 2024 and is projected to reach $28.6 billion by 2033, expanding at a robust CAGR of 5.7% during the forecast period from 2025 to 2033. The primary factor driving this impressive growth is the increasing adoption of automated and smart garage door solutions, particularly in residential and commercial sectors, as property owners seek to enhance security, convenience, and energy efficiency. The integration of IoT technologies and the rising trend of smart homes are significantly reshaping consumer expectations and fueling demand for technologically advanced garage door systems worldwide.

Regional Outlook

North America currently holds the largest share of the global garage doors market, accounting for approximately 37% of the total revenue in 2024. This dominance is attributed to the region's mature construction industry, high rate of homeownership, and widespread adoption of advanced home automation technologies. The United States, in particular, is a key contributor, driven by robust new housing starts, frequent renovation activities, and stringent building codes that prioritize safety and energy efficiency. Additionally, the presence of leading manufacturers and a well-established distribution network further bolster North America's market leadership, making it a hotbed for product innovation and early adoption of smart garage door solutions.

The Asia Pacific region is forecasted to be the fastest-growing market for garage doors, with a projected CAGR of 7.4% from 2025 to 2033. Rapid urbanization, rising disposable incomes, and an expanding middle class are driving substantial investments in residential and commercial infrastructure across countries like China, India, and Southeast Asia. Government initiatives aimed at urban development and smart city projects are also catalyzing demand for modern garage door systems. In addition, increasing awareness regarding home security and the proliferation of e-commerce platforms are making advanced garage doors more accessible to a broader consumer base, supporting the region’s robust growth trajectory.

Emerging economies in Latin America and the Middle East & Africa are experiencing gradual adoption of garage doors, albeit at a slower pace due to economic constraints and infrastructural challenges. While these regions account for a smaller share of the global market, there is significant untapped potential, particularly as urbanization accelerates and residential construction activities pick up. However, issues such as limited consumer awareness, fluctuating raw material prices, and inconsistent regulatory frameworks may hinder rapid market expansion. Nevertheless, as local governments implement policies to improve housing standards and safety, and as international players expand their footprint, these regions are expected to witness steady, albeit moderate, growth in the coming years.

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