Apartments and Other Residential Developments Market Report 2026

The apartments and other residential developments market size has grown strongly in recent years. It will grow from $90.63 billion in 2025 to $99.26 billion in 2026 at a compound annual growth rate (CAGR) of 9.5%. The growth in the historic period can be attributed to urban population growth, rising demand for multi-family housing, expansion of affordable housing programs, increasing construction of mixed-use developments, early adoption of modular building methods.

The apartments and other residential developments market size is expected to see rapid growth in the next few years. It will grow to $145.58 billion in 2030 at a compound annual growth rate (CAGR) of 10%. The growth in the forecast period can be attributed to growth in sustainable building requirements, rising adoption of smart residential infrastructure, increasing demand for prefabricated housing, expansion of senior living communities, continued urban redevelopment initiatives. Major trends in the forecast period include growing demand for mixed-use residential developments, expansion of affordable housing initiatives, increased adoption of modular and prefabricated housing, rising popularity of community-centric living concepts, growth in luxury apartment and high-density residential projects.

The rising population growth is expected to drive the growth of the apartments and other residential developments market in the coming years. Population refers to the total number of individuals living in a specific geographic area at a given time, serving as a demographic measure of the size of a community, city, country, or other defined region. As population increases, demand for apartments and other residential developments rises because they offer economic opportunities, housing affordability and accessibility, and modern infrastructure for families. For example, in December 2024, according to the U.S. Census Bureau, a U.S.-based government agency within the Federal Statistical System, the U.S. population reached 340.1 million in 2023, marking a 0.98% increase from 336.8 million in 2022 - the fastest annual growth recorded in recent years. Therefore, rising population growth is contributing to the expansion of the apartments and other residential developments market.

Prominent companies within the apartments and residential developments sector are concentrating on technological innovations, notably Artificial Intelligence (AI)-enabled virtual apartments, to gain a competitive edge in the market. AI-enabled virtual apartments represent cutting-edge living spaces, offering unique and technologically sophisticated experiences. For instance, in February 2023, RFOX, a metaverse company based in the United Arab Emirates, unveiled AI-enabled virtual apartments. These apartments leverage AI tools to dynamically modify their virtual environment, curating personalized and distinctive surroundings for occupants. Residents have the opportunity to employ OpenAI integrations for personalized assistance and content creation, enhancing their living experiences within these technologically advanced spaces.

In August 2024, Equity Residential, a U.S.-based residential real estate investment company, acquired 11 apartment properties from Blackstone Real Estate for approximately $1 billion. Through this acquisition, Equity Residential aims to expand its presence in key growth markets such as Atlanta, Dallas/Ft. Worth, and Denver, strengthen its portfolio of high-quality residential units, and better serve the higher-end renter demographic across these regions. Blackstone Real Estate is a U.S.-based global real estate investment company that offers apartments and other residential developments.

Major companies operating in the apartments and other residential developments market are CBRE Group Inc., Brookfield Asset Management, Anywhere Real Estate Inc., Delhi Land & Finance Limited, Simon Property Group LP, New World Development Company Limited, IJM Corporation Berhad, Lennar Corporation, Pultegroup Inc., Raubex Group Limited, Sun Hung Kai Properties Limited, Mill Creek Residential Trust LLC, Trammell Crow Company, JPI Companies, Vinci SA, Greystar Real Estate Partners LLC, AvalonBay Communities Inc., Equity Residential, Bozzuto Group, Essex Property Trust Inc., UDR Inc., Camden Property Trust, Gables Residential Trust, Mid-America Apartment Communities Inc., Cortland Partners LLC, Alliance Residential Company, Lincoln Property Company, Berkshire Residential Investments, Related Companies LP, Apartment Investment and Management Company, BRE Properties Inc.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs on construction materials such as steel, aluminum, timber, and specialized building components have elevated project development costs across houses, apartments, and other residential developments, particularly affecting rapidly urbanizing regions in Asia-Pacific and North America. These increased costs have slowed new construction and shifted demand toward renovation and modular housing. However, tariffs have encouraged domestic sourcing, boosted local manufacturing capacity, and stimulated innovation in alternative, cost-efficient building materials.

The apartments and other residential developments market research report are one of a series of new reports that provides apartments and other residential developments market statistics, including apartments and other residential developments industry global market size, regional shares, competitors with a apartments and other residential developments market share, detailed apartments and other residential developments market segments, market trends and opportunities, and any further data you may need to thrive in the apartments and other residential developments industry. These apartments and other residential developments market research report deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Apartments and other residential developments encompass the construction and creation of diverse residential buildings designed to provide living spaces for individuals or families. This category includes various housing structures, such as single-family homes, multi-family homes, and apartments, all tailored to accommodate the housing needs of residents.

The primary types of apartments and other residential developments include houses and housing estate developments, apartments, and other housing structures. Houses and housing estate developments involve the construction of individual residences or grouped flat houses with similar designs, typically managed, sold, or leased by a single management company. These services are provided by both large chain companies and independent contractors, with offerings available through various sales channels, including new construction and renovation.Asia-Pacific was the largest region in the apartments and other residential developments market in 2025. The regions covered in the apartments and other residential developments market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the apartments and other residential developments market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The apartments and other residential developments market include revenues earned by entities by developing hostels, condominiums, farmhouses, and lodging houses. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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