PUBLISHER: Grand View Research | PRODUCT CODE: 1751209
PUBLISHER: Grand View Research | PRODUCT CODE: 1751209
U.S. Real Estate Market Size, Share & Trends Analysis Report By Property (Residential, Commercial, Industrial, Land), By Type (Sales, Rental, Lease), Key Companies, Competitive Analysis, And Segment Forecasts, 2025 - 2030
U.S. Real Estate Market Growth & Trends:
The U.S. real estate market size is expected to reach USD 172.13 billion by 2030 and is projected to grow at a CAGR of 4.1% from 2025 to 2030, according to a new report by Grand View Research, Inc. The U.S. real estate market is experiencing robust growth, driven by several key factors reshaping the landscape and presenting significant opportunities for investors and developers such as population growth and urbanization, economic growth and employment rates, millennial homeownership trends, and mortgage rates and financing conditions. According to a blog from Sortis Capital, the U.S. population is projected to reach approximately 336.6 million by 2024, with 82.7% of the population already residing in urban areas as of 2020. This significant growth in urban populations is driving a surge in demand for residential and commercial properties. In response, developers increasingly prioritize high-density housing projects to meet the growing demand.
The population influx into cities also contributes to higher property values for existing homeowners, spurring further investment in infrastructure and commercial real estate. This combination of rising demand and sustained investment is fueling the real estate market's expansion, reflecting the broader economic impacts of urbanization and population growth.
Alongside this rising population, the U.S. real estate market is being influenced by declining property values and rising capitalization (cap) rates, with property values across most sectors having dropped by about 20% since early 2022 while cap rates have increased by 150-200 basis points. As a result, investors are expected to gravitate toward multifamily and industrial assets in 2024. These property types are more attractive due to their solid fundamentals-such as strong demand, low vacancy rates, and rent growth-and the long-term trends supporting their continued appeal.
Moreover, In 2024, multifamily housing is gaining momentum in the U.S. real estate market. According to CBRE, the completion of 440,000 new apartment units, along with more than 900,000 units currently under construction, is expected to help moderate rent growth and improve affordability for renters. Additionally, the rise of multi-generational living is driving increased demand for multifamily housing. The U.S. Census reports that 43.9 million homes-representing 31.4% of the total housing stock-are now occupied by multiple generations, highlighting a shift toward communal living. This trend is encouraging developers to create multifamily units that cater to diverse family dynamics.
U.S. Real Estate Market Report Highlights:
- The residential property market led the overall U.S. market in 2024. The sustained low interest rates have facilitated favorable borrowing conditions, encouraging increased home purchases and investments in real estate. Additionally, demographic trends such as population growth and urbanization continue to drive demand for housing, particularly in metropolitan areas experiencing economic expansion.
- The rental model showcases strong growth in the U.S. real estate market in 2024. The expansion of the rental model within the U.S. real estate industry is underpinned by a confluence of economic, demographic, and lifestyle factors. Elevated home prices and stringent mortgage qualification standards have rendered homeownership less accessible for a significant portion of the population, thereby increasing reliance on rental accommodations. Simultaneously, the rising mobility of the workforce, particularly among younger demographics, has fostered a preference for flexible living arrangements over long-term property commitments.
- In the second quarter of 2024, the U.S. real GDP expanded by 2.8%, while the unemployment rate declined to 3.5% by July 2023. This combination of economic growth and higher employment levels has boosted disposable incomes, strengthening the purchasing power of consumers and businesses alike. Consequently, demand for real estate has increased across both the residential and commercial sectors.
- According to CBRE, following a projected 16% year-over-year price increase for 250-to-500-kW requirements in 2023, prices are expected to rise by an additional 10% to 15% in 2024. This upward trend is driven by persistent supply constraints and strong market demand. Furthermore, the increasing demand for new data center developments is likely to draw more institutional investment in 2024, as investors remain under-allocated to digital infrastructure by approximately 1.5% to 3% compared to other asset classes.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Materials & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Property Outlook
- 2.3. Type Outlook
- 2.4. Competitive Landscape Snapshot
Chapter 3. U.S. Real Estate Market Variables and Trends
- 3.1. Market Introduction
- 3.2. Industry Value Chain Analysis
- 3.3. Market Dynamics
- 3.3.1. Market Driver Analysis
- 3.3.2. Market Restraint Analysis
- 3.3.3. Market Opportunities
- 3.3.4. Market Challenges
- 3.4. Industry Analysis Tools
- 3.4.1. Porter's Five Forces Analysis
- 3.5. Market Entry Strategies
Chapter 4. U.S. Real Estate Market: Property Estimates & Trend Analysis
- 4.1. U.S. Real Estate Market, By Property: Key Takeaways
- 4.2. Property Movement Analysis & Market Share, 2024 & 2030
- 4.3. Market Estimates & Forecasts, by Property, 2018 - 2030 (USD Billion)
- 4.3.1. Residential
- 4.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 4.3.2. Commercial
- 4.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 4.3.3. Industrial
- 4.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 4.3.4. Land
- 4.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 4.3.5. Others
- 4.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 4.3.1. Residential
Chapter 5. U.S. Real Estate Market: Type Estimates & Trend Analysis
- 5.1. U.S. Real Estate Market, By Type: Key Takeaways
- 5.2. Type Movement Analysis & Market Share, 2024 & 2030
- 5.3. Market Estimates & Forecasts, by Type, 2018 - 2030 (USD Billion)
- 5.3.1. Sales
- 5.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 5.3.2. Rental
- 5.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 5.3.3. Lease
- 5.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 5.3.1. Sales
Chapter 6. U.S. Real Estate Market: Competitive Analysis
- 6.1. Recent Developments & Impact Analysis by Key Market Participants
- 6.2. Company Categorization
- 6.3. Participant's Overview
- 6.4. Financial Performance
- 6.5. Product Benchmarking
- 6.6. Company Market Share Analysis, 2024 (%)
- 6.7. Company Heat Map Analysis, 2024
- 6.8. Strategy Mapping
- 6.9. Company Profiles
- 6.9.1. Prologis, Inc.
- 6.9.1.1. Company Overview
- 6.9.1.2. Financial Performance
- 6.9.1.3. Service Portfolios
- 6.9.1.4. Strategic Initiatives
- 6.9.2. American Tower Corporation
- 6.9.2.1. Company Overview
- 6.9.2.2. Financial Performance
- 6.9.2.3. Service Portfolios
- 6.9.2.4. Strategic Initiatives
- 6.9.3. Equinix, Inc.
- 6.9.3.1. Company Overview
- 6.9.3.2. Financial Performance
- 6.9.3.3. Service Portfolios
- 6.9.3.4. Strategic Initiatives
- 6.9.4. Welltower Inc
- 6.9.4.1. Company Overview
- 6.9.4.2. Financial Performance
- 6.9.4.3. Service Portfolios
- 6.9.4.4. Strategic Initiatives
- 6.9.5. Simon Property Group
- 6.9.5.1. Company Overview
- 6.9.5.2. Financial Performance
- 6.9.5.3. Service Portfolios
- 6.9.5.4. Strategic Initiatives
- 6.9.6. Public Storage
- 6.9.6.1. Company Overview
- 6.9.6.2. Financial Performance
- 6.9.6.3. Service Portfolios
- 6.9.6.4. Strategic Initiatives
- 6.9.7. Digital Realty Trust, Inc
- 6.9.7.1. Company Overview
- 6.9.7.2. Financial Performance
- 6.9.7.3. Service Portfolios
- 6.9.7.4. Strategic Initiatives
- 6.9.8. Realty Income Corporation
- 6.9.8.1. Company Overview
- 6.9.8.2. Financial Performance
- 6.9.8.3. Service Portfolios
- 6.9.8.4. Strategic Initiatives
- 6.9.9. AvalonBay Communities, Inc
- 6.9.9.1. Company Overview
- 6.9.9.2. Financial Performance
- 6.9.9.3. Service Portfolios
- 6.9.9.4. Strategic Initiatives
- 6.9.10. Equity Residential
- 6.9.10.1. Company Overview
- 6.9.10.2. Financial Performance
- 6.9.10.3. Service Portfolios
- 6.9.10.4. Strategic Initiatives
- 6.9.11. CRBE Group Inc
- 6.9.11.1. Company Overview
- 6.9.11.2. Financial Performance
- 6.9.11.3. Service Portfolios
- 6.9.11.4. Strategic Initiatives
- 6.9.1. Prologis, Inc.
List of Tables
- Table 1 U.S. real estate market: Key market driver analysis
- Table 2 U.S. real estate market: Key market restraint analysis
- Table 3 U.S. real estate market estimates & forecast, 2018 - 2030, by property (USD Billion)
- Table 4 U.S. residential real estate market estimates & forecast, 2018 - 2030 (USD Billion)
- Table 5 U.S. commercial real estate market estimates & forecast, 2018 - 2030 (USD Billion)
- Table 6 U.S. Industrial real estate market estimates & forecast, 2018 - 2030 (USD Billion)
- Table 7 U.S. land real estate market estimates & forecast, 2018 - 2030 (USD Billion)
- Table 8 Other real estate market estimates & forecast, 2018 - 2030 (USD Billion)
- Table 9 U.S. real estate market estimates & forecast, 2018 - 2030, by type (USD Billion)
- Table 10 U.S. real estate sales market estimates & forecast, 2018 - 2030 (USD Billion)
- Table 11 U.S. real estate rental market estimates & forecast, 2018 - 2030 (USD Billion)
- Table 12 U.S. real estate lease estimates & forecast, 2018 - 2030 (USD Billion)
- Table 13 Recent developments & impact analysis, by key market participants
- Table 14 Company market share, 2024 (%)
- Table 15 Company heat map analysis, 2024
- Table 16 Companies implementing key strategies
List of Figures
- Fig. 1 U.S. real estate market segmentation
- Fig. 2 Information procurement
- Fig. 3 Primary research pattern
- Fig. 4 Primary research approaches
- Fig. 5 Primary research process
- Fig. 6 Market snapshot
- Fig. 7 Segment snapshot
- Fig. 8 Competitive landscape Snapshot
- Fig. 9 Parent industry and U.S. real estate market size, 2024 (USD Billion)
- Fig. 10 U.S. real estate market: Value chain analysis
- Fig. 11 U.S. real estate market: Dynamics
- Fig. 12 U.S. real estate market: Porter's five forces analysis
- Fig. 13 U.S. real estate market, Property: Key takeaways
- Fig. 14 U.S. real estate market: Property movement analysis, 2024 & 2030 (%)
- Fig. 15 U.S. residential real estate market estimates & forecast, 2018 - 2030 (USD Billion)
- Fig. 16 U.S. commercial real estate market estimates & forecast, 2018 - 2030 (USD Billion)
- Fig. 17 U.S. Industrial real estate market estimates & forecast, 2018 - 2030 (USD Billion)
- Fig. 18 U.S. land real estate market estimates & forecast, 2018 - 2030 (USD Billion)
- Fig. 19 Other real estate market estimates & forecast, 2018 - 2030 (USD Billion)
- Fig. 20 U.S. real estate market, Type: Key takeaways
- Fig. 21 U.S. real estate market: Type movement analysis, 2024 & 2030 (%)
- Fig. 22 U.S. real estate sales market estimates & forecast, 2018 - 2030 (USD Billion)
- Fig. 23 U.S. real estate rental market estimates & forecast, 2018 - 2030 (USD Billion)
- Fig. 24 U.S. real estate lease estimates & forecast, 2018 - 2030 (USD Billion)
- Fig. 25 Key company categorization
- Fig. 26 Company market share analysis, 2024 (%)
- Fig. 27 The strategic framework of the U.S. real estate market
