Market Insights Financial Real Estate Residential Real Estate

Residential Real Estate Transactions - MENA

MENA

The transaction value of Residential Real Estate Transactions market is projected to reach US$146.70bn in 2024.
The transaction value is expected to show an annual growth rate (CAGR 2024-2029) of 3.73%, resulting in a market volume of US$176.20bn by 2029.

Key regions: Germany, Europe, Asia, United States, United Kingdom

Market

Region

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Currency

Methodology

Data coverage:

Figures are based on total and average revenue of residential real estate transactions (sales).

Modeling approach:

Market size is determined by a bottom-up approach. We use national statistics, international organizations, and industry associations to analyze the markets. To estimate the market size for each country individually, we use relevant key market indicators and data from country specific industry associations such as GDP, price level index, household wealth, household size, number of renter and owner households, housing consumer spending per capita.

Forecasts:

We use a variety of forecasting techniques, depending on the behavior of the market, for instance, exponential trend smoothing. The main drivers are GDP per capita, population, number of renter and owner households, price level index, housing consumer spending per capita.

Additional Notes:

Data is modeled using current exchange rates. The market is updated twice per year in case market dynamics change. The impacts of the Russia-Ukraine war considered at a country-specific level.