Global Residential Real Estate Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

• In February 2024, Portland-based JPM Real Estate Services merged with SMI Property Management, based in Willamette Valley. This union allows SMI to extend its top-tier services into the broader Portland area while retaining all staff and properties previously managed by JPM.

• In March 2024, Magnum Estate unveiled its Indonesia Investment Vision at the Magnum Estate & Congress AWARDS Press Conference held at the JW Marriott Cannes. This prestigious event, held on March 14, 2024, provided attendees with an immersive journey into Indonesia's rich culture and the irresistible charm of Bali.

• In January 2024, Webuy Global Ltd., an emerging e-commerce retailer specializing in groceries and travel in Southeast Asia, joined forces with Ohmyhome Ltd., a comprehensive property technology platform offering a suite of services for property transactions in Singapore. This strategic partnership aims to promote and market each other's products and services in Singapore, offering customers a wider range of choices and greater convenience.

• In February 2024, Peerage Capital's adept management approach and strategic alliances fuel growth in luxury real estate investments.

• In December 2023, The Ashwin Sheth group announced plans to expand its residential and commercial portfolio in the Mumbai Metropolitan Area (MMR), India.

• In November 2023, Tata Realty and Infrastructure, a wholly-owned subsidiary of Tata Sons, revealed its intentions to expand its business with over 50 projects in major cities across India, Sri Lanka, and the Maldives. These projects boast a combined development potential exceeding 51 million square feet.

This report extensively covers different segments of Global Residential Real Estate Market and provides an in depth analysis (including revenue analysis for both historic and forecast periods) for all the market segments. In this report, the analysis for every market segment is substantiated with relevant data points and, insights that are generated from analysis of these data points (data trends and patterns).

The market encompasses a diverse range of properties, from single-family homes and condominiums to luxury estates and apartment complexes. The market is characterized by a wide variety of property types, each catering to different lifestyles, preferences, and budgetary considerations.

Residential real estate is often segmented based on property type, with common categories including detached houses, townhouses, condominiums, apartments, and multifamily dwellings. Each property type offers unique features and amenities, catering to the diverse needs and preferences of homebuyers and renters.

Geographically, the global residential real estate market spans across various regions and countries, each with its own unique housing market dynamics, regulatory frameworks, and cultural preferences. Key factors influencing the residential real estate market include population growth, urbanization trends, economic conditions, government policies, and demographic changes.

Global Residential Real Estate Segment Analysis

In this report, the Global Residential Real Estate Market has been segmented by Type and Geography.

Global Residential Real Estate Market, Segmentation by Type

The Global Residential Real Estate Market has been segmented by Type into Apartments and Condominiums, and Landed Houses and Villas.

Apartments and condominiums represent a significant portion of the residential real estate market, particularly in urban areas and densely populated regions. These properties typically consist of multiple units within a single building or complex, offering convenience, shared amenities, and often, proximity to urban amenities such as shops, restaurants, and public transportation. Apartments and condominiums appeal to individuals and families seeking low-maintenance living arrangements, urban lifestyle amenities, and potentially lower costs compared to standalone houses.

On the other hand, landed houses and villas refer to single-family homes with their own land and private outdoor space. These properties range from modest detached houses to luxurious estates and villas, offering varying levels of privacy, space, and exclusivity. Landed houses and villas are popular among homebuyers seeking more space, autonomy, and customization options, as well as those prioritizing privacy, outdoor living, and a sense of community.

The distinction between apartments and condominiums and landed houses and villas reflects the diverse housing preferences and lifestyle choices of individuals and families worldwide. While apartments and condominiums offer convenience and shared amenities in urban settings, landed houses and villas provide spaciousness, autonomy, and privacy in suburban or rural environments. Understanding these two primary categories is essential for stakeholders in the residential real estate market to meet the diverse housing needs and preferences of homebuyers and renters across different regions and market segments.

Global Residential Real Estate Market, Segmentation by Geography

In this report, the Global Residential Real Estate Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

Global Residential Real Estate Market Share (%), by Geographical Region, 2024

North America encompasses the United States and Canada, where the residential real estate market is characterized by diverse housing preferences, varying from suburban single-family homes to urban condominiums and apartments. Factors such as population growth, migration patterns, interest rates, and government policies influence housing demand and supply dynamics in this region.

Europe boasts a rich diversity of residential real estate markets, ranging from historic city centers with compact apartments to suburban neighborhoods with detached houses. Economic integration, demographic shifts, urbanization, and sustainability initiatives play significant roles in shaping residential development trends across European countries.

The Asia Pacific region is home to some of the world's largest and fastest-growing residential real estate markets, driven by rapid urbanization, population growth, and rising disposable incomes. Countries such as China, India, Australia, and Singapore experience robust demand for housing, fueled by demographic trends, economic expansion, and urban development initiatives.

The Middle East and Africa region encompasses a wide range of residential real estate markets, from cosmopolitan cities in the Gulf Cooperation Council (GCC) countries to emerging markets in sub-Saharan Africa. Factors such as oil prices, government policies, infrastructure investment, and population growth influence housing demand and development trends in this region.

Latin America features diverse residential real estate markets characterized by varying levels of urbanization, economic development, and cultural influences. Countries such as Brazil, Mexico, Argentina, and Colombia offer opportunities for residential development driven by urbanization, middle-class expansion, and infrastructure investment.

This report provides an in depth analysis of various factors that impact the dynamics of Global Residential Real Estate Market. These factors include; Market Drivers, Restraints, and Opportunities.

Drivers:

• Urbanization and population growth
• Demographic trends, such as millennial homeownership
• Infrastructure development
• Urban renewal projects

• Changing lifestyle preferences and housing needs - Changing lifestyle preferences and housing needs are significant drivers shaping the global residential real estate market. Modern consumers increasingly prioritize convenience, flexibility, and sustainability in their housing choices. This shift is driven by factors such as urbanization, demographic changes, and evolving work patterns. As more people opt for urban living, there is a growing demand for mixed-use developments that offer proximity to amenities, entertainment, and transportation hubs.

  Additionally, sustainability has emerged as a key consideration for homebuyers and renters. With growing awareness of environmental issues, there is a rising demand for eco-friendly and energy-efficient homes. Developers are incorporating green building practices, such as passive design, renewable energy systems, and green certifications, to meet the evolving preferences of environmentally conscious consumers.

  Changing demographics, including aging populations and smaller household sizes, are driving demand for specialized housing options such as senior living communities, assisted living facilities, and micro-apartments. Developers and investors are responding to these demographic shifts by diversifying their portfolios and offering tailored housing solutions to meet the needs of different population segments.

Restraints:

• Regulatory constraints and policy changes
• Housing affordability challenges
• Supply chain disruptions and material shortages
• Political instability and geopolitical tensions

• Aging housing stock and infrastructure - Aging housing stock and infrastructure pose significant restraints to the global residential real estate market. Many existing properties suffer from deterioration, outdated designs, and infrastructure deficiencies, leading to increased maintenance costs and decreased property values. As a result, homeowners and investors may hesitate to invest in older properties, limiting their potential for renovation and redevelopment.

  Aging infrastructure, including roads, utilities, and public facilities, can impact the livability and attractiveness of residential neighborhoods. Decaying infrastructure not only diminishes the quality of life for residents but also poses safety concerns and logistical challenges. As a result, neighborhoods with aging infrastructure may experience decreased demand and property values, affecting the overall health of the real estate market in those areas.

  The presence of aging housing stock and infrastructure can hinder urban revitalization efforts and neighborhood redevelopment initiatives. Developers may face obstacles in obtaining permits, securing financing, and navigating regulatory requirements when attempting to rehabilitate or redevelop properties in areas with aging infrastructure. Additionally, the high costs associated with upgrading or replacing aging infrastructure can deter investment in redevelopment projects, further exacerbating the challenges of revitalizing deteriorating neighborhoods.

Opportunities:

• Redevelopment of brownfield sites and urban revitalization projects
• Mixed-use developments and integrated urban planning
• Adaptive reuse of existing buildings and historic preservation
• Green building certification and sustainable design practices

• Enhanced customer experience and personalized services - Enhanced customer experience and personalized services represent significant opportunities for the global residential real estate market. By leveraging advanced technologies, data analytics, and customer relationship management systems, real estate professionals can better understand their clients' preferences, anticipate their needs, and deliver tailored solutions and services.

  Offering personalized services such as virtual property tours, interactive floor plans, and 3D property visualizations can enhance the customer experience, allowing prospective buyers and tenants to explore properties remotely and at their convenience. Additionally, real estate agents can use data-driven insights to provide personalized recommendations based on clients' preferences, budget constraints, and lifestyle requirements, helping them find properties that align with their unique needs and preferences.

  Adopting digital platforms and mobile applications can streamline the property search process, facilitate communication between agents and clients, and simplify transaction management. By investing in user-friendly technology solutions, real estate firms can enhance operational efficiency, improve customer satisfaction, and differentiate themselves in a competitive market landscape.

Key players in Global Residential Real Estate Market include,

• CBRE Group, Inc. (US)
• Jones Lang LaSalle Incorporated (US)
• New World Development Company Limited (Hong Kong)
• Longfor Group Holdings Limited (China)
• China Vanke Co., Ltd. (China)
• Evergrande Group (China)
• Mitsui Fudosan Co., Ltd. (Japan)
• Mitsui Home Co., Ltd. (Japan)
• Country Garden Holdings Company Limited (China)
• Sun Hung Kai Properties Limited (Hong Kong)
• Vanke Property (Overseas) Limited (China)
• Greenland Holdings Group (China)
• CapitaLand Limited (Singapore)
• Lendlease Corporation Limited (Australia)
• Taylor Wimpey plc (UK)
• Barratt Developments plc (UK)
• Persimmon plc (UK)
• Redrow plc (UK)
• Taylor Morrison Home Corporation (US)
• Toll Brothers, Inc. (US)

In this report, the profile of each market player provides following information:

• Company Overview and Product Portfolio
• Key Developments
• Financial Overview
• Strategies
• Company SWOT Analysis