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 number of U.S. home sales in the United States declined in 2024, after soaring in 2021. A total of four million transactions of existing homes, including single-family, condo, and co-ops, were completed in 2024, down from 6.12 million in 2021. According to the forecast, the housing market is forecast to head for recovery in 2025, despite transaction volumes expected to remain below the long-term average. Why have home sales declined? The housing boom during the coronavirus pandemic has demonstrated that being a homeowner is still an integral part of the American dream. Nevertheless, sentiment declined in the second half of 2022 and Americans across all generations agreed that the time was not right to buy a home. A combination of factors has led to house prices rocketing and making homeownership unaffordable for the average buyer. A survey among owners and renters found that the high home prices and unfavorable economic conditions were the two main barriers to making a home purchase. People who would like to purchase their own home need to save up a deposit, have a good credit score, and a steady and sufficient income to be approved for a mortgage. In 2022, mortgage rates experienced the most aggressive increase in history, making the total cost of homeownership substantially higher. Are U.S. home prices expected to fall? The median sales price of existing homes stood at 413,000 U.S. dollars in 2024 and was forecast to increase slightly until 2026. The development of the S&P/Case Shiller U.S. National Home Price Index shows that home prices experienced seven consecutive months of decline between June 2022 and January 2023, but this trend reversed in the following months. Despite mild fluctuations throughout the year, home prices in many metros are forecast to continue to grow, albeit at a much slower rate.

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Metaverse Real Estate Market Size 2024-2028

The metaverse real estate market size is forecast to increase by USD 11.58 billion, at a CAGR of 73.6% between 2023 and 2028.

The market is an evolving digital landscape, characterized by the fusion of mixed reality and cryptocurrency. This market is witnessing significant traction due to the increasing adoption of blockchain technology for secure virtual transactions. The Metaverse offers a new frontier for real estate investments, providing unique opportunities for businesses and individuals alike. The market's dynamics are shaped by several factors. One of the most intriguing aspects is the uncertainty surrounding the pricing of virtual properties. While some virtual real estate parcels fetch high prices, others remain undervalued. This volatility can be attributed to the novelty and evolving nature of the market.
Moreover, the Metaverse's potential applications extend beyond gaming and entertainment. Industries such as education, healthcare, and retail are exploring the Metaverse for innovative solutions. For instance, educational institutions are using virtual campuses to provide immersive learning experiences, while healthcare providers are leveraging virtual environments for telemedicine and patient engagement. Despite the market's uncertainty, the market's growth trajectory is promising. According to recent estimates, the number of active users in the Metaverse is projected to reach 23.3 million by 2025, indicating a significant increase from the current user base. This trend is expected to drive demand for virtual real estate, leading to potential investment opportunities.
The market presents a unique investment opportunity, characterized by its fusion of mixed reality and cryptocurrency, the adoption of blockchain technology, and the potential for diverse applications across various sectors. The market's dynamics are shaped by factors such as pricing uncertainty and the evolving nature of the Metaverse. Despite these challenges, the market's growth trajectory is promising, with increasing user adoption and the potential for innovative applications driving demand for virtual real estate.

Major Market Trends & Insights

North America dominated the market and accounted for a 78% growth during the forecast period.
The market is expected to grow significantly in Second Largest Region as well over the forecast period.
By the End-user, the Enterprises sub-segment was valued at USD 225.80 billion in 2022
By the Type, the Virtual Land sub-segment accounted for the largest market revenue share in 2022

Market Size & Forecast

Market Opportunities: USD 1.25 billion
Future Opportunities: USD USD 11.58 billion 
CAGR : 73.6%
North America: Largest market in 2022

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

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Metaverse real estate represents a significant and expanding sector within the digital economy. According to recent estimates, the market for metaverse property currently accounts for over 1% of total digital asset transactions. Looking ahead, industry experts project a compound annual growth rate of approximately 25% over the next five years. Considerable investment activity characterizes this dynamic market. For instance, virtual land parcels in popular metaverses have seen substantial price increases, with some plots selling for millions of dollars. In comparison, the average price for a residential property in the United States was around USD350,000 as of 2021.
This discrepancy underscores the significant potential for returns in metaverse real estate. Moreover, the market encompasses a diverse range of offerings. These include virtual world economies, digital identity verification, data storage solutions, user interface design, and blockchain security audits, among others. As the market continues to evolve, the integration of payment gateway services, ownership verification, and digital asset management solutions is expected to further streamline transactions and enhance user experience. Transaction fees and content moderation policies are essential considerations for investors. While fees vary between platforms, they can impact potential returns. Additionally, adherence to data privacy compliance and legal frameworks is crucial to mitigate risks and maintain a positive user experience.
In summary, the market represents a burgeoning sector with significant growth potential. Investment opportunities span a wide range of offerings, from virtual land sales to platform integration services. As the market continues to mature, regulatory compliance and user experience enhancements will play increasingly important roles.

How is this Metaverse Real Estate Industry segmented?

The metaverse real estate industry research report provides comprehensive data (region-wise segment

The United States Real Estate Services Market Report is Segmented by Property Type (Residential, Commercial), by Service (Brokerage Services, Property Management Services, Valuation Services and More), by Client Type (Individuals/Households, Corporates & SMEs and More), and by States (Texas, California, Florida, New York, Illinois, Rest of US). The Market Forecasts are Provided in Terms of Value (USD).

The U.S. housing market continues to evolve, with the median home price forecast to reach ******* U.S. dollars by the second quarter of 2026. This projection comes after a period of significant growth and recent fluctuations, reflecting the complex interplay of economic factors affecting the real estate sector. The rising costs have not only impacted home prices, but also down payments, with the median down payment more than doubling since 2012. Regional variations in housing costs Home prices and down payments vary dramatically across the United States. While the national median down payment stood at approximately ****** U.S. dollars in early 2024, homebuyers in states like California, Massachusetts, and Hawaii faced down payments exceeding ****** U.S. dollars. This disparity highlights the challenges of homeownership in high-cost markets and underscores the importance of location in determining housing affordability. Market dynamics and future outlook The housing market has shown signs of cooling after years of rapid growth, with more modest price increases of *** percent in 2022 and *** percent in 2023. This slowdown can be attributed in part to rising mortgage rates, which have tempered demand. Despite these challenges, most states continued to see year-over-year price growth in the fourth quarter of 2023, with Rhode Island and Vermont leading the pack at over ** percent appreciation. As the market adjusts to new economic realities, potential homebuyers and investors alike will be watching closely for signs of stabilization or renewed growth in the coming years.

The Residential Real Estate Market, valued at USD 59194.55 million in 2025, is anticipated to grow at a CAGR of 25.20% during the forecast period (2025-2033), reaching a value of USD 302911.44 million by 2033. Rapid urbanization, rising disposable income, and increasing population are some key factors driving the market's growth. The market is expected to witness a surge in demand for affordable and luxury housing options due to the growing middle class and affluent population in emerging economies. Regional insights indicate that Asia Pacific dominated the market with a share of 41.2% in 2025, owing to strong economic growth in countries like China, India, and Japan. North America and Europe are other prominent regions, contributing significantly to the market's revenue. However, the Middle East & Africa and South America are expected to experience substantial growth in the coming years, driven by government initiatives to promote homeownership and the development of new residential projects. With a dynamic and ever-evolving landscape, the residential real estate market is a significant driver of economic growth and stability worldwide. This report provides an in-depth analysis of the market, highlighting key trends, challenges, and growth opportunities. Recent developments include: May 2023 KKR's European real estate platform acquired a portfolio of 30 residential properties. This acquisition marks KKR's first investment in the Nordic region through its European Core Plus Real Estate strategy and reflects its focus on the growing residential market in Europe., January 2023 Blackstone completed its acquisition of Home Partners of America, a leading single-family rental (SFR) platform, for $6 billion. This acquisition significantly expands Blackstone's presence in the SFR market, which is expected to be a major growth driver in the US residential real estate sector., December 2022 Independence Realty Trust acquired Steadfast Apartment REIT for $4 billion. This acquisition further consolidates the apartment REIT sector and creates a larger platform with a more diversified portfolio.. Notable trends are: Population growth is driving the market growth.

The US residential real estate market, a significant component of the global market, is characterized by a moderate but steady growth trajectory. With a projected Compound Annual Growth Rate (CAGR) of 2.04% from 2025 to 2033, the market demonstrates resilience despite fluctuating economic conditions. The 2025 market size, while not explicitly provided, can be reasonably estimated based on available data and considering recent market trends. Assuming a continuation of the observed growth pattern in preceding years, a substantial market value in the trillions is plausible. Key drivers include sustained population growth, particularly in urban areas, increasing household formations among millennials and Gen Z, and ongoing demand for both rental properties (apartments and condominiums) and owner-occupied homes (landed houses and villas). However, challenges persist, including rising interest rates which impact affordability, supply chain constraints affecting new construction, and the potential for macroeconomic shifts to influence buyer confidence. Segmentation analysis highlights the varying performance across property types, with apartments and condominiums potentially experiencing higher demand in urban centers while landed houses and villas appeal to a different demographic profile and geographic distribution. The competitive landscape includes a mix of large publicly traded real estate investment trusts (REITs) like AvalonBay Communities and Equity Residential, regional developers like Mill Creek Residential, and established brokerage firms such as RE/MAX and Keller Williams Realty Inc., all vying for market share within distinct segments. The geographical distribution of the market shows significant concentration within North America, particularly in the US, reflecting established infrastructure, economic stability, and favorable regulatory environments. While other regions like Europe and Asia-Pacific contribute to the global market, the US continues to be a dominant force. The forecast period (2025-2033) suggests continued expansion, albeit at a moderate pace, indicating a relatively stable and mature market that remains attractive for investment and development. Future growth hinges upon addressing affordability concerns, navigating fluctuating interest rates, and managing supply-demand dynamics to ensure sustainable market expansion. Government policies influencing housing affordability and construction regulations will play a crucial role in shaping the future trajectory of the US residential real estate sector. 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.. Notable trends are: Existing Home Sales Witnessing Strong Growth.

Real Estate Market size was valued at USD 3.69 Billion in 2021 and is poised to grow from USD 3.88 Billion in 2022 to USD 5.82 Billion by 2030, at a CAGR of 5.20 % during the forecast period (2023-2030).

In 2022, housing prices in Belgium rose. According to the forecast, 2023 and 2024 will follow with a slight increase of two percent. Consumers signal much uncertainty on, for example, development of unemployment, which can hamper the housing market.

Belgium’s housing prices development

For years, house prices in Belgium followed a similar growth pattern to the country’s economy. Residential property prices grew when Belgium's economy performed well but stagnated when the economy slowed down. Since 2020, however, growth has accelerated. In 2022, the average house price exceeded 319,000 euros, up from 298,000 euros the year before.

The Belgian economy faces an uncertain future

Belgium’s real estate market is closely connected to the economic performance of the country. According to a 2022 forecast, the Belgian economy was predicted to grow by 2.1 percent in 2023. This prediction reflected inflation, supply chain disruptions impacting domestic demand, as well as (a lack of) international trade impacting Belgian growth.

The Europe Office Real Estate Market Report is Segmented by Building Grade (Grade A, Grade B, and More), by Transaction Type (Rental and Sales), by End Use (BFSI (Banking, Financial Services, and Insurance) and More), and by Country (Germany, UK, France, Italy, Spain and Rest of Europe). The Report Offers Market Size and Forecasts in Value (USD) for all the Above Segments.

Real Estate Market size was USD 4 trillion in 2022 and is expected to reach a value of USD 6.76 trillion in 2034 and register a revenue CAGR of 6% during the forecast period.

Indonesia Residential Real Estate Market Outlook 2031:

The Indonesia residential real estate market size was valued at USD 61.88 Billion in 2022 and is projected to reach USD 123.18 Billion by 2031, expanding at a CAGR of 7.95% during the forecast period 2023 - 2031. The growth of market is attributed to increasing young population, rapid urbanization, complimentary demographic configuration, and increasing per capital income of population.

The legal authorities of Indonesia has taken an initiatives towards the development of the country by introducing One Million Houses (OMH) programs, the program focuses on construction of at least 1 million units per year around 1.11 millions are constructed in the year 2018.

This programs main objective is to cater the lack of investment in the property market and reduce the 7.4 million shortage of housing investment to around 5.2 million. By this year they majorly aim at catering the pile-up demand of the country first.



There is a significant demand in the rise of residential property among the population in both the segments land and vertical housing, and after the government interference with the initiatives and favorable policies it is expected more to increase.



The real estate industry looks at renting and leasing of properties it is valued by the total revenue generated by landlord through renting council and private properties and is calculated using average rent multiplied by the number of rented properties.



The covid-19 pandemic impacted the residential real estate market. Decreasing supply of raw materials, lockdown across the globe, and supply chain disorders forced companies to close down production leading to unfortunate decline in market growth. Launch of vaccines to combat the Covid-19 pandemic is expected to contribute to the market growth over the forecast period.

Global Commercial Real Estate Market stood at USD 4.15 Trillion in 2022 & this will further grow in the forecast period with a CAGR of 4.39% through 2028.

The number of home sales in the United States peaked in 2021 at almost ************* after steadily rising since 2018. Nevertheless, the market contracted in the following year, with transaction volumes falling to ***********. 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.

The report covers the Hungary real estate market overall competitive landscape, government role and regulations, trends and developments, market segmentation.

Market Size and Growth: The China luxury residential real estate market was valued at $146.25 million in 2025 and is projected to reach $170.78 million by 2033, exhibiting a CAGR of 6.28% during the forecast period. Strong economic growth, rising disposable incomes, and increasing urbanization are fueling the demand for luxury residential properties in major cities such as Beijing, Shanghai, Shenzhen, and Guangzhou. Key Trends and Drivers: The market is characterized by growing demand for premium amenities, such as smart home systems, rooftop gardens, and concierge services. Government policies are also encouraging the development of luxury residential properties, with increased investment in infrastructure and incentives for foreign investors. Additionally, the rise of the high-net-worth individual (HNWI) population in China and the increasing interest in international buyers are driving the market upwards. However, factors such as strict government regulations, rising construction costs, and limited land supply may pose challenges for the industry. Recent developments include: December 2022: A joint venture led by Shui On Land has won the land-use rights to develop a residential project on a plot in Shanghai’s Yangpu district with a bid of RMB 2.38 billion (USD 340 million). The parties plan to develop the 16,993.8 square metre (182,920 square foot) parcel on Pingliang Street into a heritage preservation project incorporating a high-end, low-density residential community. A wholly owned subsidiary of Shui On holds 60% of the JV, with the remaining 40% held by state-owned developer Shanghai Yangshupu., November 2022: China’s largest lenders ready to pump over USD 162 Billion of credit into the country’s property developers, as Xi Jinping’s government retreats from tight controls on leverage in the real estate sector that had sparked a property crisis. Industrial and Commercial Bank of China (ICBC), China’s largest lender by assets, announced it was extending credit lines totalling RMB 655 Billion (USD 92 Billion) to 12 developers.. Key drivers for this market are: 4., Higher incomes support4.; Massive industry change. Potential restraints include: 4., High imbalance in population versus real estate index. Notable trends are: Growth of urbanization driving luxury residential real estate market.

Turkey Residential Real Estate Market Outlook 2031

The Turkey residential real estate market size was USD 79.92 Billion in 2022 and is projected to reach USD 212.88 Billion by 2031 expand at a CAGR of 11.5% during the forecast period, 2023–2031. The growth of the market is attributed to the increasing surge in foreign buyer, rising population, affordable financing options.



Turkey is known for its diverse set of both oriental and European elements, country is a lucrative destination due to its tourism, infrastructure, transportation facilities, and ease of living. Turkey is at a historical combination of aspects where urban transformation meets green housing which is expected to improve affordability and quality of housing and community development. According to Housing Development Administration of Turkey (TOKi) a total of 500,000 residential units were constructed between 2003-2010 in 81 provinces and 830 townships across the country.

In 2002 Turkish property market was first opened to foreign buyers under the reciprocity clause. According to this clause only countries allowing Turkish citizens reciprocal rights, such as Britain, Germany, and Netherlands. The reciprocity clause was abolished in 2012, and since then nationals from 183 countries have been allowed to buy properties in Turkey.



The residential real estate market in Turkey was impacted negatively by the onset of Covid-19 in 2020, the market has since regained some of the momentum due to ease of restrictions worldwide. According to Turkish Statistical Institute Turkish Statistical Institute (TurkStat) in the first four months of 2020, the total number of home sales in Turkey rose by 8.9% to 383,821 units.

Turkey Residential Real Estate Market Trends, Drivers, Restraints, and Opportunities

• Rising population, increasing urbanization, disposable income growth, and affordable financing are major factors driving the market growth during the forecast period.


• Increasing demand for residential real estate among the foreign buyers due to factor such as

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Commercial Real Estate Market Size 2025-2029

The commercial real estate market size is forecast to increase by USD 427.3 billion, at a CAGR of 4.6% between 2024 and 2029. The market is experiencing significant growth, fueled by increasing marketing initiatives and the rising emphasis on remote work and online shopping.

Major Market Trends & Insights

APAC dominated the market and accounted for a 42% share in 2023. The market is expected to grow significantly in North America region as well over the forecast period. Based on the End-user, the offices segment led the market and was valued at USD 514.30 billion of the global revenue in 2023. Based on the Channel, the rental segment accounted for the largest market revenue share in 2023.

Market Size & Forecast

Market Opportunities: USD 1682.10 Billion Future Opportunities: USD 427.3 Billion CAGR (2024-2029): 4.6% APAC: Largest market in 2023

The market continues to evolve, with dynamic market activities unfolding across various sectors. Environmental impact assessments are increasingly crucial in property development, shaping the design and construction process. Tenant representation plays a pivotal role in securing suitable spaces for businesses, while 3D modeling facilitates effective space planning and data visualization. Due diligence is an ongoing process, ensuring compliance with legal and regulatory requirements. Property tax assessments, vacancy rates, and property management are essential components of commercial real estate investment strategies. Distressed properties present opportunities for joint ventures and strategic investments, while interior design and machine learning contribute to enhancing tenant experience and optimizing building performance.

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

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Investment properties, industrial properties, and urban planning strategies benefit from big data analytics and virtual tours, enabling informed decision-making. Commercial mortgages and brokerage services facilitate the buying and selling of properties, while occupancy costs and building codes ensure operational efficiency and safety. The market is a complex, ever-changing landscape, with continuous market dynamics shaping its various sectors. From environmental impact assessments to tenant representation, property management, and investment strategies, the integration of various components is essential for success in this dynamic industry. The retail segment is the second largest segment of the end-user and was valued at USD 257.50 billion in 2023.

This trend is transforming the commercial real estate landscape, with a shift towards adaptive spaces that cater to the evolving needs of businesses and consumers. The increasing adoption of marketing strategies, such as digital marketing and experiential retail, is driving demand for commercial properties that can effectively showcase brands and create memorable customer experiences. Additionally, the shift towards remote work and online shopping is leading to a surge in demand for data centers, logistics facilities, and flexible office spaces.

However, this market is not without challenges. The rapid pace of technological advancements and changing consumer preferences pose significant obstacles for commercial real estate developers and investors. The need to adapt to these shifts and stay competitive requires a deep understanding of market trends and the ability to pivot quickly. Furthermore, regulatory changes and economic instability can also impact the market's growth trajectory. To capitalize on the opportunities and navigate the challenges effectively, companies must stay informed about the latest market trends and consumer preferences. Investing in technology and innovation, while also maintaining flexibility and adaptability, will be key to success in the evolving the market.

How is this Commercial Real Estate Industry segmented?

The commercial 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.

End-user

Offices Retail Leisure Others

Channel

Rental Lease Sales

Transaction Type

Commercial Leasing Property Sales Property Management

Service Type

Brokerage Services Property Development Valuation Consulting Facilities Management

Geography

North America

US Canada

Europe

France Germany Italy UK

Middle East and Africa

Egypt KSA Oman UAE

APAC

China India Japan

South America

Argentina Brazil

Rest of World (ROW)

By End-user Insights

The offices segment is estimated to witness significant growth during the forecast pe

Key information about House Prices Growth

• US house prices grew 5.2% YoY in Dec 2024, following an increase of 5.4% YoY in the previous quarter.
• YoY growth data is updated quarterly, available from Mar 1992 to Dec 2024, with an average growth rate of 5.4%.
• House price data reached an all-time high of 17.7% in Sep 2021 and a record low of -12.4% in Dec 2008.

House prices in Norway fell by *** percent and, according to the forecast, are expected to continue to fall until 2024. In 2023, properties were forecast to experience a decline in prices of ** percent. In 2025, growth is projected to recover, rising to **** percent.