Graph and download economic data for Monthly Supply of New Houses in the United States (MSACSR) from Jan 1963 to Jun 2025 about supplies, new, housing, and USA.

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.

Graph and download economic data for Existing Home Sales: Months Supply (HOSSUPUSM673N) from Jun 2024 to Jun 2025 about supplies, sales, housing, and USA.

Total Housing Inventory in the United States decreased to 1530 Thousands in June from 1540 Thousands in May of 2025. This dataset includes a chart with historical data for the United States Total Housing Inventory.

Graph and download economic data for Housing Inventory: Median Days on Market in the United States (MEDDAYONMARUS) from Jul 2016 to Jul 2025 about median and USA.

Statistical tables with the quarterly evolution of the supply and prices and rents of homes, garages and premises in the C.A.P.V. This statistical operation aims to know the evolution of the supply and prices of homes, garages, storage rooms and premises (real estate supply) in the C.A.P.V. It is a basic source of information of the system of indicators for monitoring housing policy.

Chile Real Estate Market: National: Supply: Houses data was reported at 8,926.000 Unit in Sep 2024. This records an increase from the previous number of 8,874.000 Unit for Aug 2024. Chile Real Estate Market: National: Supply: Houses data is updated monthly, averaging 15,830.000 Unit from Jan 2004 (Median) to Sep 2024, with 249 observations. The data reached an all-time high of 27,186.000 Unit in Nov 2007 and a record low of 8,382.000 Unit in Dec 2023. Chile Real Estate Market: National: Supply: Houses data remains active status in CEIC and is reported by Chilean Construction Chamber. The data is categorized under Global Database’s Chile – Table CL.EB001: Real Estate Market: Supply and Sales.

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.

After a very slow second quarter of 2020 due to the coronavirus (COVID-19) pandemic, the housing market in the United Kingdom (UK) experienced dramatic surge in home sales. In the first quarter of 2021, the residential property supply varied between *** and *** months of available stock for sale in different regions of the UK, and *** months in Inner London. Considering the limited supply and the spike in demand, house prices have been on an upward trend.

Real Estate Market size was valued at USD 79.7 Trillion in 2024 and is projected to reach USD 103.6 Trillion by 2031, growing at a CAGR of 5.1% during the forecasted period 2024 to 2031

Global Real Estate Market Drivers

Population Growth and Urbanization: In order to meet the demands of businesses, housing needs, and infrastructure development, there is a constant need for residential and commercial properties as populations and urban areas rise.

Low Interest Rates: By making borrowing more accessible, low interest rates encourage both individuals and businesses to make real estate investments. Reduced borrowing costs result in reduced mortgage rates, opening up homeownership and encouraging real estate investments and purchases.

Economic Growth: A thriving real estate market is a result of positive economic growth indicators like GDP growth, rising incomes, and low unemployment rates. Robust economies establish advantageous circumstances for real estate investment, growth, and customer assurance in the housing sector. Job growth and income increases: As more people look for rental or purchase close to their places of employment, housing demand is influenced by these factors. The housing market is driven by employment opportunities and rising salaries, which in turn drive home buying, renting, and property investment activity. Infrastructure Development: The demand and property values in the surrounding areas can be greatly impacted by investments made in infrastructure projects such as public facilities, utilities, and transportation networks. Accessibility, convenience, and beauty are all improved by improved infrastructure, which encourages real estate development and investment.

Government Policies and Incentives: Tax breaks, subsidies, and first-time homebuyer programs are a few examples of government policies and incentives that can boost the real estate market and homeownership. Market stability and growth are facilitated by regulatory actions that promote affordable housing, urban redevelopment, and real estate development.

Foreign Investment: Foreign capital can be used to stimulate demand, diversify property portfolios, and pump capital into the real estate market through direct property purchases or real estate investment funds. Foreign investors are drawn to the local real estate markets by favorable exchange rates, stable political environments, and appealing returns.

Demographic Trends: Shifting demographic trends affect housing preferences and demand for various property kinds. These trends include aging populations, household formation rates, and migration patterns. It is easier for real estate developers and investors to match supply with changing market demand when they are aware of demographic fluctuations.

Technological Innovations: New technologies that are revolutionizing the marketing, transactions, and management of properties include digital platforms, data analytics, and virtual reality applications. In the real estate industry, technology adoption increases market reach, boosts customer experiences, and increases operational efficiency.

Environmental Sustainability: Decisions about real estate development and investment are influenced by the growing knowledge of environmental sustainability and green building techniques. Market activity in environmentally aware real estate categories is driven by demand for eco-friendly neighborhoods, sustainable design elements, and energy-efficient buildings.

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.

Statistical tables with the quarterly evolution of the supply and prices and rents of homes, garages and premises in the C.A.P.V. This statistical operation aims to know the evolution of the supply and prices of homes, garages, storage rooms and premises (real estate supply) in the C.A.P.V. It is a basic source of information of the system of indicators for monitoring housing policy.

Chile Real Estate Market: National: Supply: Total data was reported at 105,009.000 Unit in Sep 2024. This records a decrease from the previous number of 105,477.000 Unit for Aug 2024. Chile Real Estate Market: National: Supply: Total data is updated monthly, averaging 87,232.000 Unit from Jan 2004 (Median) to Sep 2024, with 249 observations. The data reached an all-time high of 107,193.000 Unit in Aug 2023 and a record low of 49,676.000 Unit in Dec 2004. Chile Real Estate Market: National: Supply: Total data remains active status in CEIC and is reported by Chilean Construction Chamber. The data is categorized under Global Database’s Chile – Table CL.EB001: Real Estate Market: Supply and Sales.

United States - Existing Home Sales: Months Supply was 4.60000 Months' Supply in May of 2025, according to the United States Federal Reserve. Historically, United States - Existing Home Sales: Months Supply reached a record high of 5.70000 in July of 2014 and a record low of 1.60000 in January of 2022. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Existing Home Sales: Months Supply - last updated from the United States Federal Reserve on August of 2025.

Graph and download economic data for Housing Inventory: Active Listing Count in the United States (ACTLISCOUUS) from Jul 2016 to Jul 2025 about active listing, listing, and USA.

The detached house market, a significant segment of the residential real estate sector, is experiencing robust growth driven by several key factors. Strong population growth, particularly in suburban areas, coupled with increasing household incomes and a preference for larger living spaces, fuels demand. Low interest rates in recent years (though this is subject to change) have also stimulated buyer activity, further bolstering the market. However, supply chain constraints impacting construction materials and labor shortages have presented significant challenges, leading to higher construction costs and limited inventory. This has contributed to increased house prices and heightened competition among buyers. The market is segmented by size (e.g., single-story, multi-story), location (urban, suburban, rural), and price point (luxury, mid-range, entry-level), each segment exhibiting its own unique growth trajectory. While the current market is characterized by strong demand and higher prices, potential future economic downturns or shifts in interest rate policies represent key risks. Major players in the market, including Horton, Pulte Homes, and Invitation Homes, are adapting to these challenges through strategic land acquisitions, innovative construction techniques, and diversified rental portfolios. The forecast for the detached house market indicates continued expansion, albeit at a potentially moderated pace compared to recent years. Growth will likely be driven by ongoing population growth and the continued preference for single-family homes. Technological advancements in construction and sustainable building practices are anticipated to increase efficiency and address environmental concerns. However, affordability remains a major concern, potentially limiting market expansion, particularly for first-time homebuyers. Government regulations aimed at increasing housing affordability and addressing climate change will significantly influence the market's trajectory. The long-term outlook remains positive, contingent upon addressing supply chain challenges and managing economic volatility. Careful analysis of these factors is crucial for stakeholders to navigate the market effectively and make informed investment decisions.

From 2016 to 2020, the cumulative demand for residential housing among the low income group of the eight biggest cities of India was **** million housing units, whereas the supply was only ****** units. Thereby, there existed a significant gap between demand and supply in this income group. The gap is much smaller in the middle and high income groups. In the latter group, a demand of ******* units faces a supply of ******* units.

Statistical tables with the quarterly evolution of the supply and prices and rents of homes, garages and premises in the C.A.P.V. This statistical operation aims to know the evolution of the supply and prices of homes, garages, storage rooms and premises (real estate supply) in the C.A.P.V. It is a basic source of information of the system of indicators for monitoring housing policy.

Statistical tables with the evolution of the supply and prices and rentals of homes, garages and premises in the C.A.P.V. until the 4th quarter of 2020. This statistical operation aims to know the evolution of the supply and prices of homes, garages, storage rooms and premises (real estate supply) in the C.A.P.V. It is a basic source of information of the system of indicators for monitoring housing policy.

Residential Real Estate Market Outlook

According to our latest research for 2024, the global residential real estate market size is valued at USD 9.3 trillion, with a robust compound annual growth rate (CAGR) of 5.7% expected through the forecast period. By 2033, the market is projected to reach an impressive USD 15.3 trillion, driven by factors such as urbanization, rising disposable incomes, and shifting consumer preferences for modern living spaces. This strong growth trajectory is underpinned by ongoing demographic changes, technological advancements in property management, and evolving investment trends, as highlighted in our comprehensive 2025 industry analysis.

A primary growth factor for the residential real estate market is the accelerating pace of urbanization worldwide. As more individuals and families migrate to urban centers in search of better employment opportunities, education, and improved quality of life, the demand for residential properties—particularly apartments and condominiums—has surged. This migration is especially pronounced in emerging economies within Asia Pacific and Africa, where urban populations are expanding at unprecedented rates. Governments and private developers are responding by investing heavily in infrastructure and large-scale housing projects, further stimulating market growth. Additionally, the proliferation of smart city initiatives and integrated township developments is transforming the residential landscape, making it more attractive for both end-users and investors.

Another significant driver is the evolution of consumer preferences and lifestyle trends. Modern buyers and renters increasingly seek properties that offer not just shelter but also amenities, security, and community-centric environments. The shift toward remote work has also redefined what residents prioritize, with home offices, green spaces, and high-speed connectivity becoming essential features. This has led to a rise in demand for villas, townhouses, and luxury condominiums, particularly in suburban and peri-urban locations. Furthermore, the growth of the rental market, fueled by changing attitudes toward homeownership among younger generations, is reshaping the market dynamics. Flexible leasing options, co-living spaces, and technology-enabled property management solutions are becoming more prevalent, catering to the evolving needs of millennials and Generation Z.

Financial factors and supportive government policies play a pivotal role in the expansion of the residential real estate sector. Low interest rates, favorable mortgage terms, and tax incentives for first-time homebuyers have made property acquisition more accessible to a wider demographic. In several countries, governments are also implementing affordable housing schemes to bridge the gap between demand and supply, particularly in high-density urban areas. These initiatives not only stimulate construction activity but also attract institutional investors looking for stable long-term returns. The influx of foreign direct investment (FDI) into residential projects, especially in developing regions, is another catalyst driving market growth. Collectively, these factors create a conducive environment for sustained expansion in the residential real estate market.

From a regional perspective, Asia Pacific continues to dominate the residential real estate market, accounting for the largest share in 2024, followed by North America and Europe. Rapid population growth, increasing urbanization, and rising middle-class incomes in countries such as China, India, and Southeast Asian nations are propelling the market forward. North America remains a key player, supported by a strong economy, high homeownership rates, and technological innovation in property transactions. Meanwhile, Europe is witnessing steady growth driven by urban regeneration projects and immigration trends. The Middle East & Africa and Latin America are also emerging as promising markets, thanks to infrastructure investments and favorable demographic profiles. These regional dynamics highlight the global nature of the residential real estate sector and its resilience in the face of economic and geopolitical uncertainties.