The global real estate market size was valued at USD 7,384.14 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 8,690.66 Billion by 2033, exhibiting a CAGR of 1.81%
Last updated
IMARC Group’s report titled “Real Estate Market Size, Share, Trends and Forecast by Property, Business, Mode, and Region, 2025-2033”. The global real estate market size was valued at USD 7,384.14 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 8,690.66 Billion by 2033, exhibiting a CAGR of 1.81% from 2025-2033.
Factors Affecting the Growth of the Real Estate Industry:
Urbanization and Suburban Reshuffling
The post-pandemic era has redefined urban vs. suburban demand dynamics. While major cities like New York and San Francisco initially saw declines in occupancy rates due to remote work flexibility, suburban markets surged as buyers prioritized larger living spaces, home offices, and affordability. However, urban centers are rebounding as employers mandate hybrid work models, reigniting demand for centrally located properties. This “reshuffling” has created bifurcated pricing trends: luxury urban condos and suburban single-family homes remain competitive, while mid-tier urban apartments face stagnation. Infrastructure investments (e.g., transit expansions) further blur boundaries, enabling satellite cities to attract younger demographics seeking balance between accessibility and cost-of-living savings.
Technology-Driven Buyer Expectations
Digital adoption is reshaping transactional norms. Over 80% of buyers now start their property search online, demanding immersive tools like 3D virtual tours, AI-powered valuation models, and blockchain-based transaction platforms. Real-time data analytics also empower investors to identify emerging hotspots (e.g., neighborhoods near new tech hubs) before physical demand materializes. Meanwhile, AI chatbots and automated underwriting streamline processes, reducing closing times by 30-40%. This tech-centric landscape favors agile developers and agents who integrate predictive analytics into pricing strategies, while laggards risk losing market share.
Sustainability as a Market Differentiator
Energy efficiency and climate resilience are no longer niche preferences but central to purchasing decisions. Homes with LEED certifications or solar panels command 7-12% premiums in competitive markets. Buyers increasingly factor in long-term operational costs, favoring properties with smart HVAC systems, drought-resistant landscaping, and disaster-proofing features (e.g., flood barriers in coastal regions). Regulatory pressures amplify this trend—new emissions standards in cities like Amsterdam and Vancouver mandate retrofits, pushing older buildings into obsolescence. Developers prioritizing net-zero designs or adaptive reuse of existing structures are outperforming conventional projects.
Grab a sample PDF of this report: https://www.imarcgroup.com/real-estate-market/requestsample
Leading Companies Operating in the Global Real Estate Industry:
American Tower Corporation
Aston Pearl Real Estate Broker
Ayala Land Inc. (Ayala Corporation)
Cbre Group Inc.
Colliers International
Gecina
Jones Lang Lasalle Incorporated
Prologis Inc.
Reliance Relocation Services
SEGRO plc
Simon Property Group Inc.
Wanda Group (Dalian Hexing Investment Co. Ltd.)
Real Estate Market Report Segmentation:
By Property:
Residential
Commercial
Industrial
Land
Commercial property led (27.8% in 2024), driven by economic conditions, urbanization, tech advancements, and sustainability trends, reshaping global business operations.
By Business:
Sales
Rentals
Sales dominated (62.8%), fueled by globalization, digital platforms, and transparent transactions, reflecting market confidence and economic health.
By Mode:
Online
Offline
Offline transactions prevailed (82.8%), prioritizing trust via in-person interactions, local expertise, and hybrid strategies blending tradition with tech.
Regional Insights:
North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa
North America led (33.4%), leveraging economic strength, diversified sectors, and smart-city innovations to set global investment trends.
Global Real Estate Market Trends:
The real estate market is characterized by a dynamic interplay of various factors, including economic conditions, interest rates, consumer confidence, and demographic shifts. Current trends include a continued shift towards suburban and rural living, driven by the rise of remote work and changing lifestyle preferences. The demand for sustainable and energy-efficient homes is also increasing, as buyers prioritize environmental responsibility and long-term cost savings. The aging population is driving demand for age-in-place options and senior living communities. Additionally, the increasing use of technology is transforming the way properties are bought, sold, and managed, with online platforms, virtual tours, and AI playing increasingly important roles.
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
Contact US
IMARC Group 134 N 4th St. Brooklyn, NY 11249, USA Email: sales@imarcgroup.com Tel No:(D) +91 120 433 0800 United States: +1–631–791–1145
