GITNUXREPORT 2026

Global Real Estate Statistics

Global real estate comprises a massive but dynamic portion of worldwide wealth and investment.

Rajesh Patel

Team Lead & Senior Researcher with over 15 years of experience in market research and data analytics.

First published: Feb 13, 2026

Our Commitment to Accuracy

Rigorous fact-checking · Reputable sources · Regular updatesLearn more

Statistic 1

Global office vacancy rates reached 16.8% in 2023 amid remote work trends.

Statistic 2

Prime office rents in global cities averaged $50 per sqm per year in 2023.

Statistic 3

Global office transaction volume fell 40% to $200 billion in 2023.

Statistic 4

Coworking spaces occupy 15% of global office stock, totaling 500 million sq ft.

Statistic 5

Global Grade-A office completions added 100 million sqm in 2023.

Statistic 6

Office-using employment represents 12% of global workforce, driving demand.

Statistic 7

Global trophy office assets yielded 5.2% returns in 2023.

Statistic 8

Hybrid work models reduced office space needs by 20% globally.

Statistic 9

Global office fit-out costs averaged $1,200 per sqm in 2023.

Statistic 10

Net absorption in global office markets was negative 50 million sqm in 2023.

Statistic 11

Global office REITs traded at 25% discount to NAV in 2023.

Statistic 12

Wellness-certified office spaces grew 30% globally to 2 billion sq ft.

Statistic 13

Global office lease lengths shortened to 5.2 years average in 2023.

Statistic 14

Speculative office developments dropped 60% globally in 2023.

Statistic 15

Global office energy consumption accounts for 15% of commercial building use.

Statistic 16

Tech firms leased 25% of new global office space in 2023.

Statistic 17

Global office parking ratios fell to 1:400 spaces per employee.

Statistic 18

Adaptive reuse converted 20 million sqm of offices to residential/mixed-use in 2023.

Statistic 19

Global office cap rates rose to 6.8% in secondary markets in 2023.

Statistic 20

Female-led office developments increased 15% globally.

Statistic 21

Global office IoT sensor deployment hit 1 billion units in 2023.

Statistic 22

Office tenant retention rates averaged 65% globally in 2023.

Statistic 23

Global retail sales per sqm averaged $8,500 in prime locations in 2023.

Statistic 24

E-commerce drove 30% vacancy rise in shopping malls globally.

Statistic 25

Global logistics rents surged 10.5% in prime markets in 2023.

Statistic 26

Big-box retail occupancy reached 95% globally in 2023.

Statistic 27

Global industrial stock exceeded 10 billion sqm in 2023.

Statistic 28

Last-mile delivery facilities added 500 million sq sqm globally.

Statistic 29

Global hotel occupancy rates recovered to 68% in 2023.

Statistic 30

The global real estate market was valued at $3.69 trillion in 2023, accounting for approximately 39% of global wealth.

Statistic 31

Global real estate investment volume reached $1.1 trillion in 2022, down 28% from the previous year due to rising interest rates.

Statistic 32

Residential real estate constitutes 75% of the global real estate market value, totaling over $8 trillion annually.

Statistic 33

The commercial real estate sector globally generated $1.7 trillion in revenue in 2023.

Statistic 34

Global property prices rose by an average of 5.5% year-over-year in Q3 2023 across 60 major cities.

Statistic 35

Institutional investors allocated 10% of their portfolios to real estate globally in 2023, up from 8% in 2020.

Statistic 36

The global REIT market capitalization stood at $2.1 trillion as of end-2023.

Statistic 37

Emerging markets accounted for 25% of global real estate transaction volume in 2023, valued at $300 billion.

Statistic 38

Global construction output for real estate reached $10.2 trillion in 2022.

Statistic 39

Vacancy rates in global prime office markets averaged 12.5% in 2023.

Statistic 40

The global multifamily rental market is projected to grow to $4.5 trillion by 2030 at a CAGR of 6.1%.

Statistic 41

Cross-border real estate investment totaled $120 billion in 2023, a 15% decline from 2022 peaks.

Statistic 42

Global real estate debt outstanding reached $12.5 trillion in 2023.

Statistic 43

PropTech investments in real estate hit $32 billion globally in 2022.

Statistic 44

The global data center real estate market was valued at $250 billion in 2023.

Statistic 45

Global luxury real estate sales volume was $145 billion in 2023.

Statistic 46

Affordable housing demand drives 40% of global residential construction starts annually.

Statistic 47

Global real estate crowdfunding platforms facilitated $1.2 billion in investments in 2023.

Statistic 48

The value of global farmland real estate is estimated at $3.5 trillion.

Statistic 49

Hotel real estate assets globally totaled $1.4 trillion in market value in 2023.

Statistic 50

Global senior housing real estate market size reached $400 billion in 2023.

Statistic 51

Self-storage real estate generated $50 billion in global revenue in 2023.

Statistic 52

Global real estate management services market valued at $1.2 trillion in 2023.

Statistic 53

Timberland real estate investments yielded 8.2% annualized returns globally over the past decade.

Statistic 54

Global co-living real estate market projected to reach $13.2 billion by 2027.

Statistic 55

Student housing real estate vacancy rates averaged 5.8% globally in 2023.

Statistic 56

Global real estate auction sales volume hit $25 billion in 2023.

Statistic 57

Healthcare real estate investment reached $90 billion globally in 2023.

Statistic 58

Global logistics real estate rents rose 7.2% year-over-year in prime markets in 2023.

Statistic 59

The total leasable area of global shopping centers exceeds 1.2 billion square meters.

Statistic 60

Real estate investment trusts (REITs) delivered 7.8% total returns globally in 2023.

Statistic 61

Private equity real estate dry powder reached $350 billion globally in 2023.

Statistic 62

Global real estate crowdfunding volume grew 25% to $2.5 billion in 2023.

Statistic 63

APAC region captured 45% of global real estate investment in 2023 at $500 billion.

Statistic 64

Core real estate strategies yielded 4.5% net returns globally.

Statistic 65

Global family offices increased real estate allocations to 18% in 2023.

Statistic 66

Value-add real estate deals numbered 1,200 globally, totaling $150 billion.

Statistic 67

Sovereign wealth funds invested $80 billion in real estate in 2023.

Statistic 68

Global real estate M&A activity hit $250 billion in 2023.

Statistic 69

Opportunistic strategies posted 12% IRR globally over 5 years to 2023.

Statistic 70

Pension funds hold $1.5 trillion in real estate assets worldwide.

Statistic 71

Debt funds deployed $100 billion in real estate globally in 2023.

Statistic 72

Global listed property stocks returned -5% in 2023 due to rate hikes.

Statistic 73

Impact investing in real estate grew to $50 billion annually.

Statistic 74

Hotel investments led sectors at $45 billion globally in 2023.

Statistic 75

Multifamily topped residential investments at $300 billion worldwide.

Statistic 76

Logistics outperformed with $200 billion in transactions globally.

Statistic 77

Office sector saw $180 billion in distress sales opportunities.

Statistic 78

Global real estate venture capital reached $18 billion in 2023.

Statistic 79

Net lease investments yielded 6.5% cap rates globally.

Statistic 80

Global real estate tokens on blockchain totaled $1 billion market cap.

Statistic 81

Insurance companies allocated 12% to real estate, $800 billion total.

Statistic 82

Global ESG-linked real estate loans issued $150 billion in 2023.

Statistic 83

Retail investment volume stabilized at $220 billion globally.

Statistic 84

Data centers attracted $60 billion in investments amid AI boom.

Statistic 85

In 2023, the average global home price-to-income ratio stood at 8.2, indicating affordability challenges in many markets.

Statistic 86

Global residential vacancy rates averaged 6.5% in urban areas in 2023.

Statistic 87

Multifamily residential construction starts totaled 12 million units globally in 2023.

Statistic 88

The global single-family rental market is valued at $1.8 trillion annually.

Statistic 89

In Q4 2023, global residential mortgage originations reached $5.2 trillion.

Statistic 90

Homeownership rates globally average 69%, with variations from 50% in Germany to 96% in Romania.

Statistic 91

Global residential real estate transaction volume was 85 million units in 2023.

Statistic 92

The share of first-time homebuyers in global residential purchases was 38% in 2023.

Statistic 93

Average global residential rent growth was 4.1% in 2023.

Statistic 94

Undersupplied housing markets affect 1.6 billion people globally.

Statistic 95

Global luxury residential sales grew 2% to $304 billion in 2023.

Statistic 96

Prefabricated housing accounts for 15% of global residential builds in 2023.

Statistic 97

Global residential energy efficiency retrofits cost $300 billion annually.

Statistic 98

Millennial homeownership rate reached 52% globally by 2023.

Statistic 99

Global short-term rental revenue hit $100 billion in 2023, led by Airbnb.

Statistic 100

Residential property taxes generate $500 billion in global government revenue yearly.

Statistic 101

Global co-housing communities number over 10,000, housing 500,000 residents.

Statistic 102

Tiny homes represent 2% of new residential construction in eco-focused markets.

Statistic 103

Global residential flipping returns averaged 28% profit margin in 2023.

Statistic 104

Women-led households own 35% of global residential properties.

Statistic 105

Global residential insurance premiums total $250 billion annually.

Statistic 106

Modular residential construction grew 12% globally in 2023.

Statistic 107

Global beachfront residential properties appreciated 7.8% in 2023.

Statistic 108

Over 800 million people live in informal residential settlements globally.

Statistic 109

Global residential PropTech adoption reached 45% of transactions in 2023.

Statistic 110

Average household size in residential properties declined to 2.5 globally in 2023.

Statistic 111

Global prime residential rents rose 3.2% in 2023 across key cities.

Statistic 112

Global real estate decarbonization investments hit $40 billion in 2023.

Statistic 113

70% of global buildings are expected to need retrofitting by 2050 for net-zero.

Statistic 114

Green building certifications covered 5 billion sqm globally by 2023.

Statistic 115

Global real estate carbon emissions total 10 GtCO2 annually, 39% of energy-related.

Statistic 116

Solar PV installations on commercial buildings reached 200 GW globally.

Statistic 117

Net-zero real estate projects numbered 1,500 worldwide in 2023.

Statistic 118

Global sustainable real estate investment grew 20% to $1 trillion AUM.

Statistic 119

45% of investors prioritize ESG in real estate decisions in 2023 survey.

Statistic 120

Global timber construction in buildings rose 15% to 100 million cubic meters.

Statistic 121

Water-efficient real estate fixtures saved 500 billion cubic meters annually.

Statistic 122

Global smart building market for sustainability tech hit $150 billion.

Statistic 123

Biodiversity credits in real estate projects covered 1 million hectares.

Statistic 124

Global heat pump adoption in buildings reached 180 million units.

Statistic 125

Circular economy practices in construction recycled 40% of materials globally.

Statistic 126

Global real estate resilience scores averaged 65/100 in climate risk assessments.

Statistic 127

Off-grid real estate developments numbered 500 globally, powering 1 million residents.

Statistic 128

Global green leases covered 20% of commercial square footage.

Statistic 129

AI-optimized energy use in buildings saved 15% globally.

Statistic 130

Global urban forests in real estate developments spanned 10 million hectares.

Statistic 131

Low-carbon concrete used in 10% of new builds, reducing emissions by 50 MtCO2.

Statistic 132

Global real estate nature-positive commitments reached 200 organizations.

Statistic 133

EV charging stations in parking lots totaled 20 million globally.

Statistic 134

Global building automation for sustainability grew to $90 billion market.

1/134

Sources

Trusted by 500+ publications

+497

While $12.5 trillion in global real estate debt and a 16.8% office vacancy rate might suggest a market in distress, the underlying statistics reveal a dynamic sector—valued at a colossal $3.69 trillion and constituting 39% of global wealth—that is actively transforming through trends like a booming $4.5 trillion multifamily rental market, a surge in ESG-linked financing, and relentless PropTech innovation.

Key Takeaways

The global real estate market was valued at $3.69 trillion in 2023, accounting for approximately 39% of global wealth.
Global real estate investment volume reached $1.1 trillion in 2022, down 28% from the previous year due to rising interest rates.
Residential real estate constitutes 75% of the global real estate market value, totaling over $8 trillion annually.
In 2023, the average global home price-to-income ratio stood at 8.2, indicating affordability challenges in many markets.
Global residential vacancy rates averaged 6.5% in urban areas in 2023.
Multifamily residential construction starts totaled 12 million units globally in 2023.
Global office vacancy rates reached 16.8% in 2023 amid remote work trends.
Prime office rents in global cities averaged $50 per sqm per year in 2023.
Global office transaction volume fell 40% to $200 billion in 2023.
Real estate investment trusts (REITs) delivered 7.8% total returns globally in 2023.
Private equity real estate dry powder reached $350 billion globally in 2023.
Global real estate crowdfunding volume grew 25% to $2.5 billion in 2023.
Global real estate decarbonization investments hit $40 billion in 2023.
70% of global buildings are expected to need retrofitting by 2050 for net-zero.
Green building certifications covered 5 billion sqm globally by 2023.

Global real estate comprises a massive but dynamic portion of worldwide wealth and investment.

Commercial Real Estate

Global office vacancy rates reached 16.8% in 2023 amid remote work trends.
Prime office rents in global cities averaged $50 per sqm per year in 2023.
Global office transaction volume fell 40% to $200 billion in 2023.
Coworking spaces occupy 15% of global office stock, totaling 500 million sq ft.
Global Grade-A office completions added 100 million sqm in 2023.
Office-using employment represents 12% of global workforce, driving demand.
Global trophy office assets yielded 5.2% returns in 2023.
Hybrid work models reduced office space needs by 20% globally.
Global office fit-out costs averaged $1,200 per sqm in 2023.
Net absorption in global office markets was negative 50 million sqm in 2023.
Global office REITs traded at 25% discount to NAV in 2023.
Wellness-certified office spaces grew 30% globally to 2 billion sq ft.
Global office lease lengths shortened to 5.2 years average in 2023.
Speculative office developments dropped 60% globally in 2023.
Global office energy consumption accounts for 15% of commercial building use.
Tech firms leased 25% of new global office space in 2023.
Global office parking ratios fell to 1:400 spaces per employee.
Adaptive reuse converted 20 million sqm of offices to residential/mixed-use in 2023.
Global office cap rates rose to 6.8% in secondary markets in 2023.
Female-led office developments increased 15% globally.
Global office IoT sensor deployment hit 1 billion units in 2023.
Office tenant retention rates averaged 65% globally in 2023.
Global retail sales per sqm averaged $8,500 in prime locations in 2023.
E-commerce drove 30% vacancy rise in shopping malls globally.
Global logistics rents surged 10.5% in prime markets in 2023.
Big-box retail occupancy reached 95% globally in 2023.
Global industrial stock exceeded 10 billion sqm in 2023.
Last-mile delivery facilities added 500 million sq sqm globally.
Global hotel occupancy rates recovered to 68% in 2023.

Commercial Real Estate Interpretation

The ghosts of empty cubicles whisper caution as developers keep building cathedrals for a workforce that now treats the office like a boutique hotel—occasionally visited, lavishly fitted, but with the lease already feeling like a regrettable souvenir from a bygone era.

Global Market Overview

The global real estate market was valued at $3.69 trillion in 2023, accounting for approximately 39% of global wealth.
Global real estate investment volume reached $1.1 trillion in 2022, down 28% from the previous year due to rising interest rates.
Residential real estate constitutes 75% of the global real estate market value, totaling over $8 trillion annually.
The commercial real estate sector globally generated $1.7 trillion in revenue in 2023.
Global property prices rose by an average of 5.5% year-over-year in Q3 2023 across 60 major cities.
Institutional investors allocated 10% of their portfolios to real estate globally in 2023, up from 8% in 2020.
The global REIT market capitalization stood at $2.1 trillion as of end-2023.
Emerging markets accounted for 25% of global real estate transaction volume in 2023, valued at $300 billion.
Global construction output for real estate reached $10.2 trillion in 2022.
Vacancy rates in global prime office markets averaged 12.5% in 2023.
The global multifamily rental market is projected to grow to $4.5 trillion by 2030 at a CAGR of 6.1%.
Cross-border real estate investment totaled $120 billion in 2023, a 15% decline from 2022 peaks.
Global real estate debt outstanding reached $12.5 trillion in 2023.
PropTech investments in real estate hit $32 billion globally in 2022.
The global data center real estate market was valued at $250 billion in 2023.
Global luxury real estate sales volume was $145 billion in 2023.
Affordable housing demand drives 40% of global residential construction starts annually.
Global real estate crowdfunding platforms facilitated $1.2 billion in investments in 2023.
The value of global farmland real estate is estimated at $3.5 trillion.
Hotel real estate assets globally totaled $1.4 trillion in market value in 2023.
Global senior housing real estate market size reached $400 billion in 2023.
Self-storage real estate generated $50 billion in global revenue in 2023.
Global real estate management services market valued at $1.2 trillion in 2023.
Timberland real estate investments yielded 8.2% annualized returns globally over the past decade.
Global co-living real estate market projected to reach $13.2 billion by 2027.
Student housing real estate vacancy rates averaged 5.8% globally in 2023.
Global real estate auction sales volume hit $25 billion in 2023.
Healthcare real estate investment reached $90 billion globally in 2023.
Global logistics real estate rents rose 7.2% year-over-year in prime markets in 2023.
The total leasable area of global shopping centers exceeds 1.2 billion square meters.

Global Market Overview Interpretation

While a $1.1 trillion investment hangover from rising rates suggests the market has a headache, the $12.5 trillion in global real estate debt confirms it’s still utterly intoxicated on our money.

Investment Trends

Real estate investment trusts (REITs) delivered 7.8% total returns globally in 2023.
Private equity real estate dry powder reached $350 billion globally in 2023.
Global real estate crowdfunding volume grew 25% to $2.5 billion in 2023.
APAC region captured 45% of global real estate investment in 2023 at $500 billion.
Core real estate strategies yielded 4.5% net returns globally.
Global family offices increased real estate allocations to 18% in 2023.
Value-add real estate deals numbered 1,200 globally, totaling $150 billion.
Sovereign wealth funds invested $80 billion in real estate in 2023.
Global real estate M&A activity hit $250 billion in 2023.
Opportunistic strategies posted 12% IRR globally over 5 years to 2023.
Pension funds hold $1.5 trillion in real estate assets worldwide.
Debt funds deployed $100 billion in real estate globally in 2023.
Global listed property stocks returned -5% in 2023 due to rate hikes.
Impact investing in real estate grew to $50 billion annually.
Hotel investments led sectors at $45 billion globally in 2023.
Multifamily topped residential investments at $300 billion worldwide.
Logistics outperformed with $200 billion in transactions globally.
Office sector saw $180 billion in distress sales opportunities.
Global real estate venture capital reached $18 billion in 2023.
Net lease investments yielded 6.5% cap rates globally.
Global real estate tokens on blockchain totaled $1 billion market cap.
Insurance companies allocated 12% to real estate, $800 billion total.
Global ESG-linked real estate loans issued $150 billion in 2023.
Retail investment volume stabilized at $220 billion globally.
Data centers attracted $60 billion in investments amid AI boom.

Investment Trends Interpretation

Amidst the turmoil of rising rates—which left public property stocks shivering—global real estate proved its resilience, as a staggering half-trillion dollars of capital, armed with a war chest of dry powder and a thirst for logistics, multifamily, and even distressed offices, strategically marched into the APAC region, quietly funded by family offices, pensions, and even blockchain tokens, all while opportunistic players quietly banked double-digit returns.

Residential Real Estate

In 2023, the average global home price-to-income ratio stood at 8.2, indicating affordability challenges in many markets.
Global residential vacancy rates averaged 6.5% in urban areas in 2023.
Multifamily residential construction starts totaled 12 million units globally in 2023.
The global single-family rental market is valued at $1.8 trillion annually.
In Q4 2023, global residential mortgage originations reached $5.2 trillion.
Homeownership rates globally average 69%, with variations from 50% in Germany to 96% in Romania.
Global residential real estate transaction volume was 85 million units in 2023.
The share of first-time homebuyers in global residential purchases was 38% in 2023.
Average global residential rent growth was 4.1% in 2023.
Undersupplied housing markets affect 1.6 billion people globally.
Global luxury residential sales grew 2% to $304 billion in 2023.
Prefabricated housing accounts for 15% of global residential builds in 2023.
Global residential energy efficiency retrofits cost $300 billion annually.
Millennial homeownership rate reached 52% globally by 2023.
Global short-term rental revenue hit $100 billion in 2023, led by Airbnb.
Residential property taxes generate $500 billion in global government revenue yearly.
Global co-housing communities number over 10,000, housing 500,000 residents.
Tiny homes represent 2% of new residential construction in eco-focused markets.
Global residential flipping returns averaged 28% profit margin in 2023.
Women-led households own 35% of global residential properties.
Global residential insurance premiums total $250 billion annually.
Modular residential construction grew 12% globally in 2023.
Global beachfront residential properties appreciated 7.8% in 2023.
Over 800 million people live in informal residential settlements globally.
Global residential PropTech adoption reached 45% of transactions in 2023.
Average household size in residential properties declined to 2.5 globally in 2023.
Global prime residential rents rose 3.2% in 2023 across key cities.

Residential Real Estate Interpretation

The world’s housing market, a dizzying paradox of profound scarcity and staggering abundance, suggests we’ve masterfully built both a global mansion and a monumental waiting room.

Sustainability & Future Outlook

Global real estate decarbonization investments hit $40 billion in 2023.
70% of global buildings are expected to need retrofitting by 2050 for net-zero.
Green building certifications covered 5 billion sqm globally by 2023.
Global real estate carbon emissions total 10 GtCO2 annually, 39% of energy-related.
Solar PV installations on commercial buildings reached 200 GW globally.
Net-zero real estate projects numbered 1,500 worldwide in 2023.
Global sustainable real estate investment grew 20% to $1 trillion AUM.
45% of investors prioritize ESG in real estate decisions in 2023 survey.
Global timber construction in buildings rose 15% to 100 million cubic meters.
Water-efficient real estate fixtures saved 500 billion cubic meters annually.
Global smart building market for sustainability tech hit $150 billion.
Biodiversity credits in real estate projects covered 1 million hectares.
Global heat pump adoption in buildings reached 180 million units.
Circular economy practices in construction recycled 40% of materials globally.
Global real estate resilience scores averaged 65/100 in climate risk assessments.
Off-grid real estate developments numbered 500 globally, powering 1 million residents.
Global green leases covered 20% of commercial square footage.
AI-optimized energy use in buildings saved 15% globally.
Global urban forests in real estate developments spanned 10 million hectares.
Low-carbon concrete used in 10% of new builds, reducing emissions by 50 MtCO2.
Global real estate nature-positive commitments reached 200 organizations.
EV charging stations in parking lots totaled 20 million globally.
Global building automation for sustainability grew to $90 billion market.

Sustainability & Future Outlook Interpretation

The future of our cities is being hammered out with green leases and low-carbon concrete, showing a $40 billion down payment on decarbonization is just the earnest money for the massive $1 trillion retrofitting project Earth has slated by 2050.