Residential Real Estate Market Report 2025 (Global Edition)

Global Residential Real Estate Market Report 2025 Market Size Split by Property Type (Single-Family Homes, Multi-Family Homes (Duplexes, Triplexes, etc.), Condominiums, Townhouses, Apartments, Luxury ...

Residential Real Estate Market Report Description

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Residential Real Estate Market Insights Video

Competitive Landscape of the Residential Real Estate Market

The competitive landscape of the residential real estate market is characterized by a mix of established firms and emerging startups. Major players like Zillow and Redfin leverage technology to enhance property listings and streamline transactions, while traditional brokerages such as Keller Williams and RE/MAX maintain strong market presence through extensive networks. Competition is intensified by new entrants offering innovative solutions, including digital platforms for buying and selling homes. The focus on customer experience, sustainability, and adaptive marketing strategies drives firms to differentiate themselves in this evolving market.

In October 2022, Shriram Properties Ltd and ASK Property Fund have reached an agreement to create an investment platform worth INR 500 crore (approximately USD 608.98 million) aimed at acquiring housing projects. The two companies will collaborate to invest in residential real estate developments, focusing on plotted residential projects in Bengaluru, Chennai, and Hyderabad under this partnership. (Source: https://www.business-standard.com/article/companies/shriram-properties-ask-property-fund-to-set-up-rs-500-cr-housing-platform-122103101032_1.html) In October 2022, Magnolia Quality Development Corporation (MQDC), a property development company based in Bangkok, is negotiating with various landowners to purchase a significant plot for a residential project in the NCR. The firm intends to introduce its flagship luxury residential real estate initiative in India and is currently in discussions with property consultants and developers regarding a potential transaction. (Source: https://economictimes.indiatimes.com/industry/services/property-/-cstruction/magnolia-quality-development-corporation-leases-45000-sq-ft-in-gurgaon/articleshow/100173992.cms?from=mdr) In May 2022, Resource REIT Inc. finalized the sale of all its common stock shares to Blackstone Real Estate Income Trust Inc. for USD 14.75 per share in an all-cash transaction worth USD 3.7 billion, which includes the assumption of the REIT's debt. (Source: https://www.blackstone.com/news/press/blackstone-real-estate-income-trust-completes-3-7-billion-acquisition-of-resource-reit/)

Top Companies Market Share in Residential Real Estate Industry: (In no particular order of Rank)

• Zillow Group
• Inc.
• Redfin Corporation
• Keller Williams Realty
• Inc.
• RE/MAX Holdings
• Inc.
• Century 21 Real Estate LLC
• Coldwell Banker Real Estate LLC
• Compass
• Inc.
• eXp Realty
• LLC
• Realty Executives International
• Inc.
• Berkshire Hathaway HomeServices
• Douglas Elliman Real Estate
• Sotheby's International Realty
• Inc.
• The Corcoran Group
• Trulia
• Inc.
• Opendoor Technologies Inc.
• Confidential Data
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Residential Real Estate Market

Which Region Dominates the Residential Real Estate Market in 2024?

According to Cognitive Market Research, North America currently dominates the Residential Real Estate market, and the region is expected to have significant growth during the projected period. This is due to the region's robust economic growth, high consumer purchasing power, and a strong demand for housing. The region benefits from favorable lending conditions, low mortgage rates, and a diverse array of housing options catering to various demographics. Urbanization and a growing population further stimulate demand, particularly in metropolitan areas. Additionally, technological advancements and innovative platforms enhance property transactions, making it easier for buyers and investors to navigate the market.

Which Region is Expanding at the Fastest CAGR?

The Asia Pacific region is growing at the fastest CAGR in the residential real estate market due to rapid urbanization, increasing disposable incomes, and a burgeoning middle class. Countries like China and India experience significant demand for housing as populations migrate to urban areas for better opportunities. Government initiatives promoting affordable housing and infrastructure development also stimulate market growth. Additionally, foreign investments in real estate and a rising demand for modern, sustainable living spaces contribute to the region's dynamic expansion.

The current report Scope analyzes Residential Real Estate Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Switzerland, Luxembourg, Rest of Europe)
• Asia Pacific (China, Japan, South Korea, India, Australia, Singapore, Taiwan, South East Asia, Rest of APAC)
• Latin America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East (Saudi Arabia, Turkey, UAE, Egypt, Qatar, Rest of Middle East)
• Africa (Nigeria, South Africa, Rest of Africa)

The above graph is for illustrative purposes only.

North America Residential Real Estate Market Analysis

According to Cognitive Market Research, the global Residential Real Estate market size was estimated at USD 32651.6 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 13060.64 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.7% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Residential Real Estate market with a market size of USD 10304.84 million in 2024 and is projected to grow at a CAGR of 3.5% during the forecast period. The U.S. market's robust demand driven by low mortgage rates, urbanization trends, and population growth, particularly in suburban and metropolitan areas is driving the Residential Real Estate market.
• The Canada Residential Real Estate market had a market share of USD 1567.28 million in 2024 and is projected to grow at a CAGR of 4.5% during the forecast period. Canada’s favorable financing options is driving the Residential Real Estate market.
• The Mexico Residential Real Estate market is projected to witness growth at a CAGR of 4.2% during the forecast period, with a market size of USD 1188.52 million in 2024.

Europe Residential Real Estate Market Analysis

According to Cognitive Market Research, the global Residential Real Estate market size was estimated at USD 32651.6 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 9795.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.0% from 2024 to 2031.

• The United Kingdom Residential Real Estate market had a market share of USD 1645.64 million in 2024 and is projected to grow at a CAGR of 4.8% during the forecast period. In the UK, Residential Real Estate sales witness an upswing due to urbanization, population growth, and rising demand for sustainable housing solutions.
• The France Residential Real Estate market is projected to witness growth at a CAGR of 3.2% during the forecast period, with a market size of USD 901.18 million in 2024.
• According to Cognitive Market Research, the German Residential Real Estate market size was valued at USD 1939.51 million in 2024 and is projected to grow at a CAGR of 4.2% during the forecast period. In Germany, Residential Real Estate surged due to presence of major market players.
• The Italy Residential Real Estate market is projected to witness growth at a CAGR of 3.4% during the forecast period, with a market size of USD 842.41 million in 2024.
• The Russia Residential Real Estate market is projected to witness growth at a CAGR of 3.0% during the forecast period, with a market size of USD 1518.30 million in 2024.
• The Spain Residential Real Estate market is projected to witness growth at a CAGR of 3.1% during the forecast period with a market size of USD 803.23 million in 2024
• The Luxembourg Residential Real Estate market is projected to witness growth at a CAGR of 4.1% during the forecast period, with a market size of USD 303.66 million in 2024.
• The Portugal Residential Real Estate market is projected to witness growth at a CAGR of 3.8% during the forecast period, with a market size of USD 205.71 million in 2024.
• The Greece Residential Real Estate market is projected to witness growth at a CAGR of 4.3% during the forecast period, with a market size of USD 117.55 million in 2024.
• The Rest of Europe's Residential Real Estate market is projected to witness growth at a CAGR of 2.7% during the forecast period, with a market size of USD 1518.30 million in 2024.

Asia Pacific Residential Real Estate Market Analysis

According to Cognitive Market Research, the global Residential Real Estate market size was estimated at USD 32651.6 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 7509.87 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.5% from 2024 to 2031.

• According to Cognitive Market Research, the China Residential Real Estate market size was valued at USD 3379.44 million in 2024 and is projected to grow at a CAGR of 7.0% during the forecast period. Residential Real Estate surged in China due to rapid urbanization, economic expansion, and population increases.
• The Japan Residential Real Estate market is projected to witness growth at a CAGR of 6.0% during the forecast period, with a market size of USD 1036.36 million in 2024.
• The India Residential Real Estate market had a market share of USD 901.18 million in 2024 and is projected to grow at a CAGR of 9.3% during the forecast period. India's demand for quality housing drive both ownership and rental markets is driving the Residential Real Estate market.
• The South Korean Residential Real Estate market is projected to witness growth at a CAGR of 6.6% during the forecast period, with a market size of USD 750.99 million in 2024.
• The Australian Residential Real Estate market is projected to witness growth at a CAGR of 7.2% during the forecast period, with a market size of USD 390.51 million in 2024.
• The South East Asia Residential Real Estate market is projected to witness growth at a CAGR of 8.5% during the forecast period, with a market size of USD 518.18 million in 2024.
• The Rest of Asia Pacific Residential Real Estate market is projected to witness growth at a CAGR of 7.3% during the forecast period, with a market size of USD 533.20 million in 2024.

South America Residential Real Estate Market Analysis

According to Cognitive Market Research, the global Residential Real Estate market size was estimated at USD 32651.6 Million, out of which the Latin America held the market share of around 5% of the global revenue with a market size of USD 1632.58 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.9% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Residential Real Estate market size was valued at USD 698.74 million in 2024 and is projected to grow at a CAGR of 5.5% during the forecast period. Residential Real Estate flourished in Brazil due to urbanization, a young, expanding population, and increasing demand for affordable housing.
• Argentina's Residential Real Estate market had a market share of USD 274.27 million in 2024 and is projected to grow at a CAGR of 5.8% during the forecast period. Argentina's government incentives and housing programs is driving the Residential Real Estate market.
• Colombia Residential Real Estate market is projected to witness growth at a CAGR of 4.7% during the forecast period, with a market size of USD 145.30 million in 2024.
• Peru Residential Real Estate market is projected to witness growth at a CAGR of 5.1% during the forecast period, with a market size of USD 133.87 million in 2024.
• Chile Residential Real Estate market is projected to witness growth at a CAGR of 5.2% during the forecast period, with a market size of USD 117.55 million in 2024.
• The Rest of Latin America's Residential Real Estate market is projected to witness growth at a CAGR of 4.0% during the forecast period, with a market size of USD 262.85 million in 2024.

Middle East Residential Real Estate Market Analysis

According to Cognitive Market Research, the global Residential Real Estate market size was estimated at USD 32651.6 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 653.03 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2031..

• The GCC Countries Residential Real Estate market is projected to witness growth at a CAGR of 6.0% during the forecast period, with a market size of USD 279.50 million in 2024. Residential Real Estate sales flourish due to the presence of major market players.
• The Egypt Residential Real Estate market is projected to witness growth at a CAGR of 5.5% during the forecast period, with a market size of USD 68.57 million in 2024.
• The South Africa Residential Real Estate market is projected to witness growth at a CAGR of 6.2% during the forecast period, with a market size of USD 103.18 million in 2024. Residential Real Estate sales flourished in South Africa due to rapid urbanization, population growth, and government investments in housing infrastructure.
• The Turkey Residential Real Estate market is projected to witness growth at a CAGR of 4.7% during the forecast period, with a market size of USD 56.16 million in 2024.
• The Nigeria Residential Real Estate market is projected to witness growth at a CAGR of 4.3% during the forecast period, with a market size of USD 68.57 million in 2024.
• The Rest of the MEA Residential Real Estate market is projected to witness growth at a CAGR of 4.2% during the forecast period, with a market size of USD 77.06 million in 2024.

Residential Real Estate Market Analysis

Residential Real Estate Market Property Type Segment Analysis

According to Cognitive Market Research, Single-Family Homes are likely to dominate the Residential Real Estate Market over the forecast period. Single-family homes captured the largest market share in the residential real estate market due to their appeal for families seeking privacy, space, and a sense of community. These properties offer the advantage of ownership and are often located in suburban areas with better schools and amenities. The demand for larger living spaces, especially following the COVID-19 pandemic, has further increased interest in single-family homes. Additionally, favorable mortgage rates and low inventory levels have driven buyers to prioritize single-family properties as a long-term investment.

Multi-family homes are growing at the highest CAGR in the residential real estate market due to increasing urbanization and a rising demand for affordable housing. As more people migrate to cities for job opportunities, the need for rental units has surged, making multi-family properties an attractive investment. Additionally, the trend of young professionals and millennials opting for rental living over homeownership drives this growth. Investors are also drawn to multi-family homes for their potential for stable cash flow and higher returns compared to single-family units.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Residential Real Estate Industry. Request a Free Sample PDF!

Residential Real Estate Market Market Type Segment Analysis

According to Cognitive Market Research, The New Construction segment holds the largest market share. The new construction market type captured the largest market share in the residential real estate market due to rising demand for modern amenities, energy-efficient designs, and customizable living spaces. Buyers increasingly prefer newly built homes that meet contemporary standards and sustainability requirements. Additionally, the lack of existing inventory in many markets has pushed buyers toward new constructions as a viable option. Builders are responding to this demand with innovative designs and technology, making new constructions a significant focus in the residential sector.

The resale market type is growing at the highest CAGR in the residential real estate market due to rising property values and increased home equity among existing homeowners. As prices appreciate, homeowners are motivated to sell and upgrade to larger or more desirable properties. Additionally, younger generations seeking affordable housing options often turn to resale homes as a budget-friendly alternative to new constructions. The resale market's flexibility and variety also attract a diverse range of buyers, contributing to its rapid growth.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Residential Real Estate Price Range Segment Analysis

Residential Real Estate Market Price Range Segment Analysis

According to Cognitive Market Research, the Low-Income Housing segment dominates the market. The low-income housing price range captured the largest market share in the residential real estate market due to the growing demand for affordable living options amid rising housing costs. Many individuals and families are seeking budget-friendly solutions as incomes struggle to keep pace with property prices. Government initiatives and subsidies further promote the development of low-income housing, making it more accessible. Additionally, the increasing urban population and economic challenges drive demand, solidifying the significance of this price range in the market.

The mid-range housing price range is growing at the highest CAGR in the residential real estate market due to a rising middle class and increasing disposable incomes. As more consumers can afford homes within this range, demand for mid-range properties has surged, particularly among first-time homebuyers and young families seeking value for money. Additionally, favorable mortgage rates and improved lending conditions are making it easier for buyers to secure financing, further driving interest in mid-range housing options across various regions.

• Low-Income Housing
• Mid-Range Housing
• High-End Luxury Housing

Residential Real Estate Location Segment Analysis

Residential Real Estate Market Location Segment Analysis

According to Cognitive Market Research, the Urban Areas segment dominates the market. Urban areas captured the largest market share in the residential real estate market due to their appeal for employment opportunities, access to amenities, and vibrant lifestyles. As more individuals and families migrate to cities seeking better job prospects and educational facilities, demand for housing in urban locations has surged. The convenience of public transportation, cultural attractions, and social activities further enhances urban living's attractiveness. Additionally, urban development initiatives and infrastructure improvements continue to drive investment and growth in these areas, solidifying their market dominance.

Suburban areas are growing at the highest CAGR in the residential real estate market due to shifting preferences for larger living spaces, affordability, and a family-friendly environment. The COVID-19 pandemic accelerated this trend as remote work became more common, prompting many to seek homes with yards and less density. Suburbs offer a balance between proximity to urban centers and a quieter lifestyle, appealing to families and young professionals. Additionally, improved transportation and infrastructure developments make commuting more convenient, further driving suburban demand.

• Urban Areas
• Suburban Areas
• Rural Areas

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Vinayak Bali

Senior Research Analyst at Cognitive Market Research

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