The Global Residential Real Estate Market is projected to grow from $9608.7 billion in 2023 to $10111.21 billion in 2024, with a CAGR of 5.2%. By 2028, it is expected to reach $12168.78 billion at a CAGR of 4.7%. Key growth drivers include rising demand for housing, economic stability, and urbanization. Major trends involve affordable housing initiatives and the adoption of AI technology. Asia-Pacific was the largest market region in 2023, highlighting the sector's ongoing expansion and innovation opportunities.
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