Global Real Estate Market Size, Share, Growth and Trend Analysis Report, 2032

Summary
Market Landscape
Methodology
Table of Content

Global Real Estate Market Size, Share & Growth and Trend Analysis Report, By Property (Residential, Commercial, Industrial, Land), By Type (Sales, Rental, Lease) and By Region (Asia Pacific, Europe, North America, Latin America and Middle East & Africa) and Forecasts, 2024 – 2032

The Global Real Estate market has experienced significant growth in recent years and expected to grow from USD XX billion in 2024 to an estimated USD XX billion in 2032, with a compound annual growth rate (CAGR) of around 7%.

Industry Trends

A key factor driving the global real estate market is the rapid urbanization occurring in many developing nations.

As people migrate from rural to urban areas in search of improved employment opportunities and living standards, the demand for residential and commercial properties has risen sharply.

Additionally, technological advancements are reshaping the real estate market.

Innovations such as artificial intelligence (AI), the Internet of Things (IoT), and big data analytics are being utilized in property construction and management, improving efficiency, safety, and profitability.

However, the real estate market faces significant challenges during economic downturns, as recessions and related factors can negatively impact the industry.

Industry Expert’s Opinion

Mike Miedler, CEO of CENTURY 21 Real Estate

“Rising mortgage rates are impacting housing affordability, making it a significant issue for potential buyers.”

Aaron Scott, Founder property tech app bRight Agent

“There are already signs of weakness in the major capitals and signs of slowing growth in the smaller capitals. The real estate market is definitely softening – especially from an investment point of view.”

Simon Durkin, Head of EMEA Real Estate Research

“The global real estate market has likely found a bottom, at least in the transactions market. Investment activity is expected to pick up and expected improvements in transaction volumes will aid price discovery for many market participants.”

TT Consultants’ Perspective

The global real estate market is currently marked by mixed trends across regions.

Developed markets like North America and Europe face affordability issues due to rising interest rates, suppressing demand in residential real estate.

However, Asia Pacific continues to benefit from urbanization and a growing middle class, driving growth in both residential and commercial sectors.

Technological advancements, including AI and big data, are improving efficiency in property management.

Despite these innovations, the market remains vulnerable to economic downturns and external factors like geopolitical instability.

Investors should approach with caution, especially in markets with high home prices and mortgage rates, while exploring opportunities in logistics real estate driven by e-commerce growth.

Tailored strategies will be essential as regional market dynamics evolve.

Market Segmentation

1. By Property (Residential, Commercial, Industrial, Land)

Residential properties, including homes, apartments, and private living spaces, hold the largest share of xx% in the global real estate market.

This dominance is driven by the constant rise in population and the fundamental need for shelter, with individuals and families actively contributing to the strength of the residential real estate sector.

Meanwhile, commercial properties are expected to grow at a compound annual growth rate (CAGR) of XX% between 2025 and 2032.

This rapid expansion is significantly fueled by the flourishing tourism industry.

2. By Type (Sales, Rental, Lease)

The rental segment led the market in revenue, accounting for XX% of the share in 2024.

This dominance is largely due to increasing home prices in developed countries, which have driven a growing number of individuals to opt for renting, boosting the segment's growth.

On the other hand, the sales segment is projected to grow at a compound annual growth rate (CAGR) of XX% adding to increased demand for luxury homes, villas, and second homes.

3. By Region (North America, Europe, Asia Pacific, Latin America, Middle East Africa)

In 2024, Asia Pacific emerged as the largest regional market in the global real estate sector, holding over 50% of the market share.

The Asia-Pacific (APAC) real estate market is a dynamic and diverse arena, marked by rapid expansion and abundant investment opportunities.

This region, which includes thriving economies such as China, India, Japan, and Australia, has become a hub for real estate development fueled by strong economic growth, urbanization, and a growing middle class.

Meanwhile, the Middle East & Africa region is projected to grow at a compound annual growth rate (CAGR) of xx% from 2025 to 2032, primarily driven by an increasing number of residential and commercial projects in the area.

Competitive Scenario

The global real estate market is dominated by a few key players with a robust regional presence.

These industry leaders prioritize ongoing research and development and actively pursue strategic growth initiatives, such as new product development, market launches, joint ventures, and partnerships.

Major players in the global real estate market includes Brookfield Asset Management Inc., ATC IP LLC., Prologis, Inc., SIMON PROPERTY GROUP, L.P., Coldwell Banker, RE/MAX, LLC., Keller Williams Realty, Inc., CBRE Group, Inc., Sotheby’s International Realty Affiliates LLC. and Colliers among others.

Recent Developments and Strategic Activities:

In May 2024, The Times Network, in collaboration with NAREDCO, organized the Realty Conclave and Awards to honor excellence in the Indian real estate sector.

The event celebrated top achievers, spotlighted emerging industry trends, and emphasized India’s increasing significance in the global real estate market.
In May 2024, Indiabulls Real Estate, a leading name in the Indian property market, acquired multiple residential projects from Embassy Property Developments in Bengaluru and Chennai.

This strategic acquisition enhances Indiabulls’ foothold in the rapidly expanding South Indian real estate sector and aligns with its growth and expansion objectives.
In February 2024, CBRE Group, Inc. disclosed the pricing details for its $500 million offering of 5.500% Senior Notes set to mature in 2029.

Issued at 99.837% of their face value with an annual interest rate of 5.500%, the Notes will be facilitated through CBRE Services, Inc., a wholly owned subsidiary of the company, and fully guaranteed by CBRE Group, Inc.
In January 2024, Jones Lang LaSalle Incorporated (JLL) has been recognized once again on Fortune's esteemed World's Most Admired Companies list.

Compiled annually by Fortune and Korn Ferry, the list reflects corporate reputations based on a survey of global executives, directors, and analysts.
In August 2023, Prologis, Inc., a global leader in logistics real estate, announced the completion of all redemption requests as of June 30, 2023, for its two flagship strategic capital funds: the Prologis European Logistics Fund (PELF) and the Prologis U.S. Logistics Fund (USLF).