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Real Estate Brokerage Market Expected to Exceed US$ 1,365.7 Billion by 2033, Riding on Urbanization
by Lokesh Chaudhari
Posted: Mar 07, 2024
Posted: Mar 07, 2024
The size of the global real estate brokerage market is predicted to grow at a compound annual growth rate (CAGR) of 5.6% over the following ten years, from US$ 792 billion in 2023 to US$ 1,365.7 billion by the end of 2033.
A National Association of Realtors (NAR) study indicates that around 90% of purchasers and sellers in the US use an agent or broker during the real estate transaction.
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