The real estate transaction value is forecast to experience significant growth in all regions in 2029. 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 lead by China with 2.4 trillion U.S. dollars. In contrast, the ranking is trailed by Saudi Arabia with 10.58 billion U.S. dollars, recording a difference of 2.4 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. (July 19, 2024). Value of residential real estate transactions worldwide from 2018 to 2024, with a forecast until 2029, by country (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 30, 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 2018 to 2024, with a forecast until 2029, by country (in billion U.S. dollars)." Chart. July 19, 2024. Statista. Accessed December 30, 2024. https://www.statista.com/forecasts/1426126/residential-real-estate-transactions-value-worldwide-by-country
Statista. (2024). Value of residential real estate transactions worldwide from 2018 to 2024, with a forecast until 2029, by country (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/forecasts/1426126/residential-real-estate-transactions-value-worldwide-by-country
Statista. "Value of Residential Real Estate Transactions Worldwide from 2018 to 2024, with a Forecast until 2029, by Country (in Billion U.S. Dollars)." Statista, Statista Inc., 19 Jul 2024, https://www.statista.com/forecasts/1426126/residential-real-estate-transactions-value-worldwide-by-country
Statista, Value of residential real estate transactions worldwide from 2018 to 2024, with a forecast until 2029, 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 30, 2024)
Value of residential real estate transactions worldwide from 2018 to 2024, with a forecast until 2029, by country (in billion U.S. dollars) [Graph], Statista, July 19, 2024. [Online]. Available: https://www.statista.com/forecasts/1426126/residential-real-estate-transactions-value-worldwide-by-country
