Global Real Estate Sector Market [2023-2030]: Booming Industry with Remarkable Growth Potential

Global Real Estate Sector Market [2023-2030]: Booming Industry with Remarkable Growth Potential

Apr 17, 2023 (The Expresswire) -- [New 112 Pages Report] A Recently published “Real Estate Sector Market” Size (2023) research report offers a comprehensive analysis of Top Key Companies (Country Garden, D.R. Horton, Greenland Holdings, PulteGroup, Greystar, Vonovia, Brookfield Asset Management, Vanke). The report discovers several key aspects i.e. Market Size, Share, Current Trends, Growth Drivers, CAGR Status, Sales, Revenue, and SWOT Analysis, on the regional market position. Latest Industry report provides an outline of the business with key growth segments and industrial chain structure. The report offers both quantitative and qualitative analysis, to develop business growth strategies, SWOT analysis, and assess the market competitive situation and current trends.

“According to this latest research, the 2023 development of Third-Party Replacement Strap for Real Estate Sector will have huge change from the earlier year.” Ask for Sample Report

What are the Latest Industry Insights?

Market Overview of Global Real Estate Sector market: 

According to our latest research, the global Real Estate Sector market looks promising in the next 5 years. As of 2022, the global Real Estate Sector market was estimated at USD 10186684.48 million, and it's anticipated to reach USD 14061820.5 million in 2028, with a CAGR of 5.52% during the forecast years.

Real Estate Business means homebuilding, housing construction, real estate development or construction and related real estate activities. In this report, Real Estate Sector is divided into rental market and retail market, real estate can be used for residential or commercial use.

Real Estate Sector Market Drivers Analysis : 

In many countries, construction is seen as a vital industry to survive the pandemic. Construction demand is also less affected by consumer spending than many other industries most affected by the outbreak. As such, the global construction industry is expected to lead the post-pandemic economic recovery. Because a large portion of fiscal spending goes to infrastructure, this boosts productivity and economic performance in the long run. This can be seen in economic infrastructure such as roads, railways, ports and airports; energy assets capable of efficiently producing and transporting goods to end markets; and social infrastructure such as hospitals and schools. Such as the US government's announced $2 trillion infrastructure plan to revitalize America's transportation infrastructure, water systems, broadband and manufacturing, among other goals. Similar measures have been rolled out from Europe to China to revive economies. Government investment in the construction industry is expected to drive the development of the real estate industry.

Real Estate Sector Market Challenges Analysis :

The interest rates charged by banks depend on many factors, such as economic conditions. A country's central bank sets an interest rate that each bank uses to determine the range of annual interest rates (APRs) they offer. When inflation is high, central banks tend to raise interest rates because higher interest rates increase the cost of debt, inhibiting borrowing and slowing consumer demand. The real estate industry is often closely related to the lending business of banks, so bank interest rates also affect the value of real estate. Low interest rates tend to increase demand for real estate, pushing up prices, while high interest rates often backfire. At present, factors such as the war in Ukraine, sanctions on Russia, China's new crown epidemic restrictions and continued supply chain disruptions have increased global inflation and led to a general increase in global interest rates. This could hinder the growth of the real estate market.