The Business Research Company’s religious’ organizations global market report, covers the year-on-year growth of the global real estate rental market historic and forecast growth. It also includes chapters on the real estate rental market trends, geographical analysis, and competitive landscape.
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The real estate rental market size is expected to reach a higher value by 2022, growing at a steady CAGR during the forecast period.
Real Estate Rental Market Trends
The real estate rental market consists of real estate rental revenues earned by entities (organizations, individuals, sole traders and partnerships) that rent, lease and allow the use of buildings and/or land.
Real estate agents are increasingly using new technologies such as online listing, video and virtual reality (VR), to provide better services to clients and strengthen the buyer-agent relationship. With advancements in technology, the role of real estate agents is shifting from just an information arbitrator to a local market expert and service provider. Online real estate listing services such as Zillow and realtor.com provide housing database and information on tax and purchase history. Technologies such as video, VR tours and e-signing services also streamline the real estate transactions. For instance, in 2016 Sotheby’s International Realty, a luxury real estate franchisor, began hosting 3D home tours on its listing pages.
The global real estate rental market is primarily driven by rise in economy and spending power of customers.
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The global real estate rental market report covers the following regions under the geographical analysis section: Asia Pacific, Western Europe, North America, Middle East, Africa, South America, and Eastern Europe. Major countries under each of these regions are also covered under the country analysis chapters.
With economic growth, the number of real estate rental stores also flourished. The global real estate rental market is expected to increase in potential and scope. TBRC’s report also covers the real estate rental drivers and restraints in the market.
The global real estate rental market’s segment shares in each geographic region are mentioned in the report, along with the historic and forecast growth rates for each segment presented visually with supporting reasons to justify the growth rates.
The top companies included in the global real estate rental market report are CBRE Group, Colliers International, RE/MAX, Marcus and Millichap, and HFF.
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