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By the Numbers: The Return of Global Real Estate
Your Square Footage and Dollar Values, Delivered.
THE RETURN OF GLOBAL REAL ESTATE
The result after a global pandemic that saw most of the real estate industry take a pause: global surges as the world reopens again. Not surprisingly, year-over-year transaction volumes, appraisals and more are seeing stratospheric increases around the world. Look at an industry as it comes roaring back — you can see it by the numbers.
$3.741 trillion
The projected size of the global real estate market, an increase of 10.5% over 2021
(Researchandmarkets.com Real Estate Global Market Report 2022)
35%
Increase in Q1 2022 office leasing volumes over Q1 2021
(JLL Global Real Estate Perspective May 2022)
$54.4 billion
Volume of foreign buyer residential purchases from April 2020 through March 2021, 2.8% of the $1.96 trillion of the dollar volume of existinghome sales
20%
U.K. market valuation appraisals, at their highest level in 10 years as of November 2021, up 6% from November last year and 20% higher than November 2019
(Knight Frank)
74%
The increase in residential transaction volumes in Dubai in 2021, led by villa and townhouse developments.
(Savills)
$1.3 trillion
Global volume of completed sales of commercial properties in 2021, 59% higher than the 2020 total and 22% ahead of the previous peak in 2019, according to MSCI Real Capital Analytics (RCA)