18/02/2022
The Real Estate Global Market Report 2022, released earlier this week, shows the property market is expected to grow from $3386bn to £3741bn year-on-year. The growth is expected due to the world recovering from the COVID-19 pandemic.
Hand in hand with the overall market growth comes increases in rent and property purchases. The next generation of buyers (Gen Z) are expected to spend more than any previous generations. By 2026, the real estate market is expected to reach $5388bn.