Residential Real Estate Market: Analyzing Growth, Opportunities, and Challenges https://dataintelo.com/report/global-residential-real-estate-market The Residential Real Estate Market is experiencing dynamic growth, driven by a combination of shifting demographics, evolving buyer preferences, and favorable economic conditions. Valued at USD 8.9 trillion in 2023, the global residential real estate market is projected to reach USD 12.7 trillion by 2030, with a CAGR of 5.2% during the forecast period. This market encompasses various aspects, including single-family homes, multi-family units, condominiums, and luxury properties. Factors such as low-interest rates, rising disposable incomes, and increasing urbanization are propelling the demand for residential properties. Furthermore, changing lifestyles, with a focus on homeownership and remote working, are reshaping the real estate landscape. In this ever-evolving market, developers and investors are keen to tap into opportunities across regions.