The latest report published by IMARC Group, titled “United States Real Estate Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on real estate market in United States. The report also includes competitor and regional analysis, and contemporary advancements in the market. The United States real estate market is expected to exhibit a CAGR of 3.5% during 2023-2028.
The real estate market in the United States comprises an array of property types, including residential, commercial, and industrial spaces. Essentially, real estate involves the buying, selling, or renting of land, buildings, or other structures. A standout feature of this market is its diversity, reflecting a wide range of architectural styles, pricing tiers, and locational attributes. These properties can be standalone houses, multi-family apartments, commercial complexes, or industrial sites. The real estate’s working mechanism is influenced by various factors such as location, size, condition, and market trends, which together determine the value and attractiveness of the property. In terms of properties, real estate often serves as both a long-term investment and a basic necessity for shelter or workspace. The primary advantages of investing in the United States real estate market include potential for asset appreciation, rental income, and tax benefits.
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The market in the United States is primarily driven by low interest rates that facilitate more affordable mortgage options for buyers. In line with this, a robust job market leading to financial stability is also positively impacting the demand for both residential and commercial spaces. Moreover, the increase in remote work culture is causing a shift in housing preferences, including a desire for larger spaces and home offices. In addition to this, the growing trend of urbanization is propelling demand for centrally-located commercial and residential properties. Besides this, a demographic shift with a growing millennial population entering the homebuying stage is influencing the market. Also, the development of smart homes equipped with the latest technologies is garnering consumer interest. Another contributing factor is the ease of property search and transaction through digital platforms, simplifying the buying and selling process.
Explore Full Report with Table of Contents: https://www.imarcgroup.com/united-states-real-estate-market
United States Real Estate Market Segmentation:
Our report has categorized the market based on region, property, business, and mode.
Property Insights:
- Residential
- Commercial
- Industrial
- Land
Business Insights:
- Sales
- Rental
Mode Insights:
- Online
- Offline
Regional Insights:
- Northeast
- Midwest
- South
- West
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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