Global Residential Real Estate Market (2022 to 2027) –

Dublin, March 10, 2022 (GLOBE NEWSWIRE) — The “Residential Real Estate Market – Growth, Trends, Impact of COVID-19 and Forecast (2022-2027)” report has been added to from ResearchAndMarkets.com offer.

The global residential real estate market is expected to witness a growth rate of over 9% during the forecast period (2022 -2027).

Residential real estate (RRE) markets are impacted by the COVID-19 pandemic in several ways. On the one hand, shutdowns and increased use of remote working practices are likely to increase demand for RRE and accommodative monetary policy is likely to improve its accessibility. On the other hand, the economic slowdown and the rise in unemployment should weigh negatively on demand. Due to the closures most construction activity and real estate transactions came to a halt during covid, in 2021 as soon as the easing of the lockdown took place the residential real estate market surged.

The residential real estate market is the cornerstone of the well-being of any economy. Housing is considered a basic human need and is at the base of the famous pyramid of needs (Maslow). Therefore, it is understood that the way the residential real estate market evolves has a ripple effect on many people around the world.

Residential properties such as apartments, bungalows and villas are bought and sold on the market. The residential real estate market in emerging countries is mainly driven by urbanisation. Large cities in emerging countries such as India, China, Brazil, Argentina and South Africa, among others, are experiencing rapid expansion and need additional housing to accommodate people migrating from various parts of the world. country.

In addition, government measures promoting affordable housing are stimulating the expansion of the market. For example, the governments of Australia, the United States, and Canada have planned strategies such as first-time buyer concessions, veterans grants, golden visas, low-cost affordable housing programs, and reduced transaction taxes, which should stimulate the growth of the residential real estate market. Even low mortgage interest rates are also fueling the residential real estate market in countries like the United States, Canada, India, Australia, etc.

Main market trends

Growing urbanization propelling the residential real estate market

Today, some 55% of the world’s population, or 4.2 billion people, live in cities. This trend should continue. By 2050, with the urban population having more than doubled from its current size, almost 7 out of 10 people in the world will live in cities.

Most of this urbanization is occurring in the developing world in cities such as Lagos, Bangalore, Beijing, and many other cities in Asia, Africa, and Latin America. In fact, of this projected growth, India, China and Nigeria are expected to account for 35% of this global urban population growth.

With over 80% of global GDP generated in cities, urbanization can contribute to sustainable growth if managed well by increasing productivity, allowing innovation and new ideas to emerge. However, the speed and scale of urbanization is accelerating the demand for affordable housing.

In recent years in Australia, there has been a lot more land freed up for low density in the growth corridors of major cities. As a result, we have seen an increase in the number of first-time home buyers. There is a move towards a shared urban lifestyle in apartments, with 30% of houses in Sydney being apartments.

Since there is a growth of Tier 2 and Tier 3 cities in Asian countries like India, China, etc., there is a huge increase in demand for housing in these cities and urbanization in those countries that are boosting residential real estate.

Increase in residential property in the United States due to the fall in the mortgage rate

Mortgage rates also affect the residential real estate market through the cost of financing a home purchase. Most Americans take out a mortgage to buy a home, and mortgage debt accounts for about 70% of total household debt. Aggressive interest rate cuts and quantitative easing by the Federal Reserve drove down Treasury yields, also pushing down mortgage rates.

Industry experts say the current housing boom was born out of a cocktail of low interest rates, booming demand and supply bottlenecks. In short, it is a situation that many feel acutely, with no single policy to blame and no easy solution.

Banks lent about $1.61 trillion for home purchases in 2021, up about 9% from 2020. The housing market has strengthened during the pandemic as many Americans shift to work at home, which added bonus living space. Sustained job growth, a stock market at historic highs, rising rents and expectations of higher mortgage rates also boosted home buyers.

The extraordinarily low mortgage rates that have helped to intensify demand in the housing market are expected to continue to rise in 2022, pushing the residential real estate market.

Main topics covered:

1. INTRODUCTION

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET OVERVIEW
4.1 Current Market Scenario
4.2 Residential Real Estate Purchase Trends – Socio-Economic and Demographic Insights
4.3 Government initiatives and regulatory aspects relating to the residential real estate sector
4.4 Overview of mortgage loan sizes and loan-to-value trends
4.5 Overview of interest rates for general economy and mortgages
4.6 Overview of rental yields in the residential real estate sector
4.7 Overview of Capital Market Penetration and REIT Presence in Residential Real Estate Industry
4.8 Overview of Support Provided by Government and Public-Private Partnerships for Affordable Housing
4.9 Overview of technology and startups active in the real estate sector (brokerage, social media, facilities management and property management)
4.10 Impact of Covid-19 on the market

5 MARKET DYNAMICS
5.1 Drivers
5.2 Constraints
5.3 opportunities
5.4 Porter’s Five Forces Analysis
5.4.1 Bargaining power of suppliers
5.4.2 Bargaining power of buyers
5.4.3 Threat of new entrants
5.4.4 Threat of Substitute Products
5.4.5 Intensity of Competitive Rivalry

6 MARKET SEGMENTATION
6.1 By type
6.1.1 Condominiums
6.1.2 Villas
6.1.3 Other types
6.2 By geography
6.2.1 North America
6.2.1.1 United States
6.2.1.2 Canada
6.2.2 Europe
6.2.2.1 United Kingdom
6.2.2.2 France
6.2.2.3 Germany
6.2.2.4 Rest of Europe
6.2.3 Asia-Pacific
6.2.3.1 China
6.2.3.2 India
6.2.3.3 Japan
6.2.3.4 South Korea
6.2.3.5 ASEAN
6.2.3.6 Australia
6.2.4 Middle East and Africa
6.2.4.1 United Arab Emirates
6.2.4.2 Saudi Arabia
6.2.4.3 South Africa
6.2.4.4 Rest of Africa
6.2.5 Latin America
6.2.5.1 Brazil
6.2.5.2 Argentina
6.2.6 Rest of the world

7 COMPETITIVE LANDSCAPE
7.1 Overpowering Market Concentration
7.2 Company Profiles
7.2.1 Christie International Real Estate
7.2.2 ColdWell Banker Real Estate Company
7.2.3 Al Habtoor Group
7.2.4 DLF Ltd.
7.2.5 Hochtief Company
7.2.6 IJM Corporation Berhad
7.2.7 Engel & Volkers AG
7.2.8 Lennar Society
7.2.9 Raubex SA Group
7.2.10 Pulte Group Inc.
7.2.11 Dr. Horton
7.2.12 Savills PLC
7.2.13 Sotheby International Realty Affiliates LLC
7.2.14 Sun Hung Kai Ltd Properties

8 MARKET OPPORTUNITIES AND FUTURE TRENDS

9 APPENDIX

For more information on this report, visit https://www.researchandmarkets.com/r/tlxu67


        

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