Press Release
Press Release
The United States real estate market is expected to grow due to a steady economic expansion nationwide. Presently, there is a surge in housing demand across cities and regions characterised by strong job opportunities and the expansion of various industries, consequently driving up prices. Additionally, numerous parts of the United States are grappling with a shortage of homes available for purchase, intensifying competition among buyers and exerting a notable impact on the market growth.
Furthermore, shifts in demographics, including the millennial generation entering the home-buying stage and baby boomers downsizing or relocating, are shaping the demand for housing in diverse locations and property categories throughout the country.
In addition, the enforcement of government policies and regulations concerning housing, taxation, zoning, and lending practices is playing a crucial role in driving the market growth. Alterations in policies, such as the introduction of tax incentives for homeownership or the implementation of affordable housing initiatives, are impacting buyer behaviour and shaping market conditions.
In October 2022, Simon Property Group Inc (NYSE: SPG) declared to purchase a 50% stake in Jamestown from the founding partners of the latter. This collaboration is deemed strategically advantageous for SPG, as it expects the acquisition of its share in Jamestown to positively impact its earnings.
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The major players in the United States real estate market include Brookfield Corporation, Prologis, Inc., Simon Property Group, L.P., AvalonBay, Inc., Equity Residential, CBRE, Inc., Jones Lang LaSalle Incorporated, Colliers International Group Inc., Greystar Worldwide, LLC, and Lincoln Property Company, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Type |
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Breakup by Property |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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