The North America real estate market reached around USD 4.00 Trillion in 2025. The market is projected to grow at a CAGR of 2.60% between 2026 and 2035, reaching almost USD 5.17 Trillion by 2035.
Base Year
Historical Period
Forecast Period
In 2022, the United States boasted nearly 125.7 million units of occupied houses.
The typical size of a house in the United States is 1900 square feet.
The United States has almost 5.9 million commercial buildings that occupy a total area of 97 billion square feet.
Compound Annual Growth Rate
2.6%
Value in USD Trillion
2026-2035
*this image is indicative*
| North America Real Estate Market Report Summary | Description | Value |
| Base Year | USD Trillion | 2025 |
| Historical Period | USD Trillion | 2019-2025 |
| Forecast Period | USD Trillion | 2026-2035 |
| Market Size 2025 | USD Trillion | 4.00 |
| Market Size 2035 | USD Trillion | 5.17 |
| CAGR 2019-2025 | Percentage | XX% |
| CAGR 2026-2035 | Percentage | 2.60% |
| CAGR 2026-2035 - Market by Country | Canada | 3.2% |
| CAGR 2026-2035 - Market by Type | Rental | 3.2% |
| CAGR 2026-2035 - Market by Property | Residential | 2.9% |
| 2025 Market Share by Country | Canada | 11.7% |
The process of adapting an existing structure for another use has become one of the key trends in the market. Globally, buildings account for 58% of overall carbon emissions, and adaptive reuses can result in significant savings (40%-70%) as compared to new construction projects.
In 2023, adaptive reuse deliveries recorded a year-on-year growth of 17.6%, reaching 12713. The conversion of 4,556 hotels and 3,587 offices into apartments has made the development of new housing spaces increasingly cost-effective, sustainable, and fast. Manhattan accounted for a major portion of such deliveries at 733 units, followed by Richmond (Virginia) and Alameda (California) at 662 and 372 units, respectively.
Factory-to-apartment conversions constitute 15% of all deliveries across the United States, witnessing a year-on-year growth of 31.6% and reaching 1954 units. Ongoing adaptive reuse projects have witnessed a year-on-year growth of 24%, with offices (58,000) and hospitality (34,000) constituting a huge share of the conversion pipeline.
The Inflation Reduction Act in the United States is expected to increase the volume of investments in the development of sustainable commercial and industrial projects over the forecast period. Moreover, an increasing number of multifamily housing complexes in Canada are seeking to balance their budgets with sustainable housing solutions, which is expected to drive the market growth.
North America Real Estate Market Report and Forecast 2026-2035 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Market Breakup by Property
Market Breakup by Mode
Market Breakup by Country
| CAGR 2026-2035 - Market by | Type |
| Rental | 3.2% |
| Lease | 2.4% |
| Sales | XX% |
| Others | XX% |
| CAGR 2026-2035 - Market by | Property |
| Residential | 2.9% |
| Land | 2.3% |
| Commercial | XX% |
| Industrial | XX% |
| CAGR 2026-2035 - Market by | Country |
| Canada | 3.2% |
| United States of America | XX% |
Based on property, the market is divided into residential, commercial, industrial, and land. Over the forecast period of 2026-2035, residential properties are projected to grow at a CAGR of 2.9% as the economies of Canada and the United States witness steady growth.
| 2025 Market Share by | Country |
| United States of America | XX% |
| Canada | 11.7% |
Major market players are expected to integrate sustainable building practices into the construction of various properties.
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The market reached nearly USD 4.00 Trillion in 2025.
The market is projected to grow at a CAGR of 2.60% between 2026 and 2035.
The market is assessed to witness a healthy growth in the forecast period to reach around USD 5.17 Trillion in 2035.
The major real estate types considered in the market report include sales, rental, and lease.
The major properties included in real estate are residential, commercial, industrial, and land, among others.
The different segments based on the mode considered in the market report are online and offline.
The different countries covered in the market report are the United States of America and Canada.
The key market players are Redfin Corporation, RE/MAX, LLC, Coldwell Banker Real Estate LLC, BHH Affiliates, LLC, Douglas Elliman, LLC, eXp World Holdings, Inc., Sotheby's International Realty Affiliates LLC, Weichert Co., Anywhere Real Estate Inc., and EXIT Realty Corp., among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| 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 Mode |
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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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