Real Estate and Rental and Leasing in the US - Industry Market Research Report

Home sweet home: High interest rates are expected to hamper industry revenue

Demand for Real Estate and Rental and Leasing Services comes from two major downstream markets. Consumers and households represent most of the need for real estate services, while businesses and industrial markets represent most of the demand for rental and leasing services. Of course, there is some overlap in demand, such as businesses and industrial markets that also require a significant amount of real estate to function. Through 2021, low interest rates bolstered downstream demand for real estate. In 2022, however, as the Federal Reserve raised interest rates, financing real estate became much more costly, decreasing consumer and business demand. Consequently, revenue fell at a CAGR of 1.4% to $1.1 trillion over the past five years, with a 1.4% decrease in 2023 alone.

This sector is primarily concerned with operators involved in the management, sale, purchase and rent of real estate. This sector also includes the renting and leasing of tangible goods, such as equipment, and intangible goods, such as patents. It is important to note that operators which are primarily engaged in renting or leasing equipment with operators are excluded from this sector, as well as commercial mortgages, which are treated as a financial instrument.

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.