Over the last two observations, the real estate transaction value is forecast to significantly increase in all regions. From the selected regions, the ranking by real estate transaction value in the 'Residential Real Estate Transactions' segment of the real estate market is forecast to be led by China with 3.9 trillion U.S. dollars. In contrast, the ranking is trailed by Saudi Arabia with 13.74 billion U.S. dollars, recording a difference of 3.9 trillion U.S. dollars to China.
Data provided by Statista Market Insights are estimates.
Definition:
Residential real estate transactions refer to the buying, selling, or transfer of ownership of residential properties such as single-family homes, condominiums, townhouses, and apartments. These transactions involve a number of steps and parties, including buyers, sellers, real estate agents, attorneys, lenders, and title companies.
Additional information:
The KPIs covered in this market are the real estate transactions revenue and the average revenue transaction value.
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Statista. (November 28, 2023). Value of residential real estate transactions worldwide from 2017 to 2023, with a forecast until 2028, by country (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 03, 2024, from https://www.statista.com/forecasts/1426126/residential-real-estate-transactions-value-worldwide-by-country
Statista. "Value of residential real estate transactions worldwide from 2017 to 2023, with a forecast until 2028, by country (in billion U.S. dollars)." Chart. November 28, 2023. Statista. Accessed December 03, 2024. https://www.statista.com/forecasts/1426126/residential-real-estate-transactions-value-worldwide-by-country
Statista. (2023). Value of residential real estate transactions worldwide from 2017 to 2023, with a forecast until 2028, by country (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 03, 2024. https://www.statista.com/forecasts/1426126/residential-real-estate-transactions-value-worldwide-by-country
Statista. "Value of Residential Real Estate Transactions Worldwide from 2017 to 2023, with a Forecast until 2028, by Country (in Billion U.S. Dollars)." Statista, Statista Inc., 28 Nov 2023, https://www.statista.com/forecasts/1426126/residential-real-estate-transactions-value-worldwide-by-country
Statista, Value of residential real estate transactions worldwide from 2017 to 2023, with a forecast until 2028, by country (in billion U.S. dollars) Statista, https://www.statista.com/forecasts/1426126/residential-real-estate-transactions-value-worldwide-by-country (last visited December 03, 2024)
Value of residential real estate transactions worldwide from 2017 to 2023, with a forecast until 2028, by country (in billion U.S. dollars) [Graph], Statista, November 28, 2023. [Online]. Available: https://www.statista.com/forecasts/1426126/residential-real-estate-transactions-value-worldwide-by-country
