Dublin, Nov. 11, 2024 (GLOBE NEWSWIRE) — The “Real Estate Loan Market Report 2024” report has been added to ResearchAndMarkets.com’s offering.
This Real Estate Loan market report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
The real estate loan market size has grown rapidly in recent years. It will grow from $9.86 trillion in 2023 to $11.05 trillion in 2024 at a compound annual growth rate (CAGR) of 12.1%. The growth observed during the historic period can be attributed to several factors such as economic cycles, regulatory changes, fluctuations in interest rates, housing market trends, demographic shifts, technological advancements, and global financial crises.
The real estate loan market size is expected to see rapid growth in the next few years. It will grow to $17.54 trillion in 2028 at a compound annual growth rate (CAGR) of 12.2%. The projected growth during the forecast period can be attributed to several factors such as evolving consumer preferences, sustainability mandates, digital transformation in banking, geopolitical stability, infrastructure investments, and pandemic recovery strategies. Key trends expected to shape this period include a rising demand for sustainable and green financing options, increasing adoption of digital mortgage processes, changes in residential property preferences due to remote and flexible work, expansion of co-living and co-working spaces, and innovations in property technology (prop-tech) impacting property valuations.
The growth of the real estate loan market is anticipated to accelerate due to the rising foreign investment in real estate. For example, according to the National Association of Realtors, foreign buyers spent $59 billion on existing homes in the U.S. from April 2021 to March 2022, reflecting an 8.5% increase compared to the previous year. This trend underscores the role of growing foreign investment in advancing the real estate loan market.
Major players in the real estate loan market are advancing digital financing platforms to enhance and streamline the loan application and approval processes. For instance, in May 2024, L&T Finance Ltd., a non-banking financial company based in India, introduced The Complete Home Loan. This product targets new home buyers seeking loans for both under-construction and ready properties and offers the option to finance up to 15% of the total home loan amount, with a cap of 75 lakh and a repayment period of up to 10 years. Key features include paperless processing, simplified documentation, competitive interest rates, and high service standards.
North America was the largest region in the real estate loan market in 2023. The regions covered in the real estate loan market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the real estate loan market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Report Scope
Markets Covered:
1) By Property Type: Hotels; Retails; Industrial; Office; Residential; Other Property Types
2) By Provider: Banks; Non-Banking Financial Institutions; Other Providers
3) By End-User: Business; Individuals
Key Companies Profiled in the Real Estate Loan Market: JPMorgan Chase & Co.; Bank of America Corporation; Citigroup Inc.; U.S. Bank; The PNC Financial Services Group Inc.
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Key Attributes
| Report Attribute | Details |
| No. of Pages | 175 |
| Forecast Period | 2024-2028 |
| Estimated Market Value (USD) in 2024 | $11.05 Trillion |
| Forecasted Market Value (USD) by 2028 | $17.54 Trillion |
| Compound Annual Growth Rate | 12.2% |
| Regions Covered | Global |
Some of the other major companies profiled in this Real Estate Loan market report include:
- Fairway Independent Mortgage Corporation
- HomeBridge Financial Services
- Caliber Home Loans Inc.
- New American Funding LLC
- Navy Federal Credit Union
- loanDepot.com LLC
- Guild Mortgage Company
- Flagstar Bank NA
- Movement Mortgage
- Carrington Mortgage Services LLC
- Embrace Home Loans Inc.
- Northpointe Bank
- Sierra Pacific Mortgage Company Inc.
- PrimeLending
- Regions Bank
- Rocket Mortgage
For more information about this report visit https://www.researchandmarkets.com/r/1jzgi2
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- Real Estate Loan Market Report 2024
