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.

Single Family Home Prices in the United States increased to 435300 USD in June from 423700 USD in May of 2025. This dataset provides - United States Existing Single Family Home Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news.

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

Nahb Housing Market Index in the United States increased to 33 points in July from 32 points in June of 2025. This dataset provides the latest reported value for - United States Nahb Housing Market Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Existing Home Sales in the United States increased to 4030 Thousand in May from 4000 Thousand in April of 2025. This dataset provides the latest reported value for - United States Existing Home Sales - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Graph and download economic data for Equity Market Volatility Tracker: Macroeconomic News and Outlook: Real Estate Markets (EMVMACRORE) from Jan 1985 to May 2025 about volatility, uncertainty, equity, real estate, and USA.

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

Housing Starts in the United States increased to 1321 Thousand units in June from 1263 Thousand units in May of 2025. This dataset provides the latest reported value for - United States Housing Starts - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Introduction

The global rental apps for real estate market are witnessing rapid digital transformation, with the market size projected to grow from USD 12.03 billion in 2024 to USD 38.4 billion by 2034, expanding at a CAGR of 12.30% during the forecast period.

This growth is driven by increased smartphone penetration, evolving consumer preferences, and the rising adoption of digital platforms for property search and lease management. In 2024, North America dominated the market with a 36.1% share, generating approximately USD 4.3 billion in revenue. The U.S. market alone was valued at USD 3.91 billion and is expected to grow at a CAGR of 11.4%.

Among the application types, mobile apps led the way, capturing 62.1% of the market, offering users on-the-go access to property listings, virtual tours, and real-time communications. The residential segment accounted for 65.3% of the overall market due to growing urban migration and demand for short-term housing.

Short-term rentals dominated usage, commanding a 76.4% share, driven by the popularity of vacation rentals and flexible leasing. Individual consumers made up 75.8% of the user base, highlighting a shift towards self-service property management tools. These trends indicate a strong consumer appetite for seamless, digital-first real estate solutions.

Graph and download economic data for Housing Inventory: Median Days on Market Year-Over-Year in Newport News City, VA (MEDDAYONMARYY51700) from Jul 2017 to Jun 2025 about Newport News City, VA; Virginia Beach; VA; median; and USA.

Housing Index in the United States decreased to 434.90 points in April from 436.70 points in March of 2025. This dataset provides the latest reported value for - United States House Price Index MoM Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Discover how proposed tariffs on Canadian lumber are creating a divide in the U.S. housing market, with stakeholders debating their impact on home building and affordability.

Introduction

The global AI in real estate market is experiencing remarkable growth, with projections indicating a substantial increase in value. By 2033, the market is anticipated to reach a staggering USD 41.5 billion, reflecting a notable compound annual growth rate (CAGR) of 30.5% during the forecast period from 2024 to 2033. This growth trajectory underscores the transformative impact of artificial intelligence (AI) on the real estate sector, revolutionizing various aspects of operations and decision-making processes.

The integration of Artificial Intelligence (AI) in real estate is transforming how the industry operates, from property management to sales. AI technologies enable more efficient data processing and interpretation, facilitating better decision-making. Key applications include automated valuation models, predictive analytics for market trends, and chatbots for customer service. This innovation leads to improved user experiences and operational efficiencies.

The AI in real estate market is experiencing significant growth. This expansion can be attributed to the increasing demand for smarter and more efficient real estate solutions, which AI provides. Real estate companies are investing in AI to enhance property search engines, implement smart home technologies, and improve transaction processes. These advancements are attracting both investors and companies looking to capitalize on the enhanced capabilities of AI to streamline operations and increase profitability.

Despite challenges such as data privacy concerns and the integration of AI with traditional systems, the momentum for AI adoption in real estate remains strong. AI has the potential to create significant value for the industry, ranging from cost reduction to operational improvement. According to surveys, AI could generate substantial value ranging from $110 billion to $180 billion and beyond, highlighting its transformative potential.

The average sales price of new homes in the United States experienced a slight decrease in 2024, dropping to 512,2000 U.S. dollars from the peak of 521,500 U.S. dollars in 2022. This decline came after years of substantial price increases, with the average price surpassing 400,000 U.S. dollars for the first time in 2021. The recent cooling in the housing market reflects broader economic trends and changing consumer sentiment towards homeownership. Factors influencing home prices and affordability The rapid rise in home prices over the past few years has been driven by several factors, including historically low mortgage rates and increased demand during the COVID-19 pandemic. However, the market has since slowed down, with the number of home sales declining by over two million between 2021 and 2023. This decline can be attributed to rising mortgage rates and decreased affordability. The Housing Affordability Index hit a record low of 98.1 in 2023, indicating that the median-income family could no longer afford a median-priced home. Future outlook for the housing market Despite the recent cooling, experts forecast a potential recovery in the coming years. The Freddie Mac House Price Index showed a growth of 6.5 percent in 2023, which is still above the long-term average of 4.4 percent since 1990. However, homebuyer sentiment remains low across all age groups, with people aged 45 to 64 expressing the most pessimistic outlook. The median sales price of existing homes is expected to increase slightly until 2025, suggesting that affordability challenges may persist in the near future.

Mortgage News Daily is a leading news and analysis provider of U.S. mortgage markets and publish Mortgage News Daily rate index which is published daily.

New Home Sales in the United States decreased to 623 Thousand units in May from 722 Thousand units in April of 2025. This dataset provides the latest reported value for - United States New Home Sales - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Dataset - Real estate development-Law and legislation-United States in the news

Introduction

The global real estate loan market is forecasted to expand from USD 11.4 trillion in 2024 to USD 35.4 trillion by 2034, growing at a CAGR of 12%. In 2024, North America dominated with a 33.2% market share, generating USD 3.78 trillion in revenue. The U.S. segment accounted for USD 3.5 trillion, growing at a CAGR of 10.6%. Growth is driven by rising property demand, urbanization, favorable interest rates, and expanding mortgage financing options, supporting both residential and commercial real estate sectors worldwide.

The average Canadian house price declined slightly in 2023, after four years of consecutive growth. The average house price stood at ******* Canadian dollars in 2023 and was forecast to reach ******* Canadian dollars by 2026. Home sales on the rise The number of housing units sold is also set to increase over the two-year period. From ******* units sold, the annual number of home sales in the country is expected to rise to ******* in 2025. British Columbia and Ontario have traditionally been housing markets with prices above the Canadian average, and both are set to witness an increase in sales in 2025. How did Canadians feel about the future development of house prices? When it comes to consumer confidence in the performance of the real estate market in the next six months, Canadian consumers in 2024 mostly expected that the market would go up. A slightly lower share of the respondents believed real estate prices would remain the same.

Graph and download economic data for Market Hotness: Page View Count per Property in Newport News City, VA (LDPEPRYYCOUNTY51700) from Aug 2018 to Jun 2025 about Newport News City, VA; Virginia Beach; VA; listing; and USA.