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Market Research Report
Real Estate |
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Published by | Global Industry Analysts, Inc. | Product code | 997701 | ||||
Published | Content info | 128 Pages Delivery time: 1-2 business days |
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Real Estate | ||
Published: April 1, 2021 | Content info: 128 Pages |
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Abstract:
Global Real Estate Market to Reach $4.2 Trillion by 2027
Amid the COVID-19 crisis, the global market for Real Estate estimated at US$3.5 Trillion in the year 2020, is projected to reach a revised size of US$4.2 Trillion by 2027, growing at a CAGR of 2.9% over the period 2020-2027.
The U.S. Market is Estimated at $998.6 Billion, While China is Forecast to Grow at 4.7% CAGR
The Real Estate market in the U.S. is estimated at US$998.6 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$698.7 Billion by the year 2027 trailing a CAGR of 4.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.9% and 2.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.3% CAGR.
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