Real Estate Sales & Brokerage in New York - Industry Market Research Report

  • ID: 4578369
  • Report
  • Region: New York
  • 28 pages
  • IBISWorld
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Moving in: Housing starts and home prices will rise providing growth opportunities for residential services

FEATURED COMPANIES

  • CBRE Group Inc.
  • Cushman & Wakefield Inc.
  • Newmark Knight Frank
  • MORE

Real Estate Sales & Brokerage in New York

The Real Estate Sales and Brokerage industry in New York is primarily driven by macroeconomic trends in the residential and commercial real estate sector. Over the past five years, both residential and nonresidential markets have strengthened steadily. As consumers see an increase in their incomes, they are more likely to demand more commercial goods and services, further driving demand for space. During the period, housing starts and home prices have both risen and with it so has revenue from residential segments, because agents are typically paid on a commission basis and receive their fee only when they close a deal. Over the five years to 2022, housing starts are expected to continue to grow, albeit at a slower rate. Home prices will also rise providing growth opportunities for residential services.

This industry comprises brokers and agents who sell, buy or rent real estate for others. Industry operators do not own these properties but act as intermediaries between owners or sellers and buyers or tenants.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • CBRE Group Inc.
  • Cushman & Wakefield Inc.
  • Newmark Knight Frank
  • MORE
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY
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  • CBRE Group Inc.
  • Cushman & Wakefield Inc.
  • Realogy Holdings Corporation
  • Newmark Knight Frank
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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