Ready-to-move-in Homes Market By Type (Affordable Homes, Luxury Homes, Super-Luxury Homes), By Unit Size (1,000 Sq. Ft- 2,000 Sq. Ft, 2,000 Sq.Ft- 3,000 Sq. Ft, 3,000 Sq. Ft and above), By End User (Residential Buyer, Corporate/Commercial Buyer) – Growth, Future Prospects and Competitive Analysis, 2019 - 2027

Growing Investment in Residential Properties Is Driving the Market of the Ready-to-move-in homes.

Globally, the ready-to-move-in homes market is expected to grow with a CAGR of 7.0% during the forecast period from 2019 to 2027. Ready-to-move-in homes provide residents with the benefit of staying away from the hassle of setting up the house and spending time waiting to get possession of their new home. These houses meet all the basic requirements of residents, including operable plumbing, structural stability, electricity, and many other amenities. Furthermore, these houses are available in a way that they do not require any structural renovations or changes to make them more functional and habitable. 

The residential real estate industry is going through a phase of development. People in various developing regions are investing in real estate with the aim of getting abundant returns. Investment in ready-to-move-in homes seems reliable in many ways as many real estate companies offer luxurious built-in amenities. Furthermore, nowadays, people do not prefer waiting to get possession of new homes and are keener on the fast process of buying and moving into the new home. This enables the growth of the ready-to-move-in homes market across the globe. However, fluctuating real estate prices and uncertainty of regulations are some factors restraining the growth of this market. 

Market Synopsis

Residential Buyer Segment Dominated the Global Market

Based on the end user, the ready-to-move-in homes market is segmented into residential and commercial buyers. The residential buyer segment led the global market in 2018 by holding the largest market share of over 70% of the total revenue generated. The major factor attributed to this high market is the increasing demand for luxurious amenities and structures at a substantial price. Primarily in metropolitan areas, the demand for ready-to-move-in houses is growing as the spending capacity of people is gradually increasing. Furthermore, the availability of loan facilities and numerous schemes developed by real estate companies propel people to go for ready-to-move-in houses.

Asia-pacific To Witness a Fastest Growth in the Market by Region

In 2018, North America led the global ready-to-move-in homes market by contributing to over 1/3rd of the global market. Increasing demand for luxury homes and growing preference for modern and smart amenities is the primary factor driving the growth of this market. The U.S. is the prominent region with the largest market share in North America. However, with growing spending capacity and rapid development in the building and construction industry, the Asia-Pacific region is projected to showcase significant growth during the forecast period. In addition, countries such as India, and China, with a high populations, offer significant growth opportunities in the ready-to-move-in homes market.

Some of the prominent players operating in the ready-to-move-in homes market include Houzz Inc., The Porch Company, Inc., HomeAdvisor, Inc., Livspace, Al Zaher Interiors, Algebra Group, Barfoot & Thompson, Godrej Properties, DLF, and Generation Homes. 

Historical & Forecast Period

This research report presents the analysis of each segment from 2017 to 2027, considering 2018 as the base year for the research. In addition, compounded Annual Growth Rate (CAGR) for each respective segment was calculated for the forecast period from 2019 to 2027

Report Scope by Segments

The ready-to-move-in homes market report provides market size and estimates based on market dynamics and key trends observed in the industry. In addition, the report provides a holistic view of the global ready-to-move-in homes market based on component, type, end user, and geography. Key segments covered in the report are as follows:

SegmentationType Segment (2017–2027; US$ Bn)

  •   Affordable Homes
  •   Luxury Homes
  •   Super-Luxury Homes

Unit Type Segment (2017–2027; US$ Bn)

  •  1,000 Sq. Ft- 2,000 Sq. Ft
  •  2,000 Sq.Ft- 3,000 Sq. Ft
  •  3,000 Sq. Ft and above

End User Segment (2017–2027; US$ Bn)

  •  Residential Buyer
  •  Corporate/Commercial Buyer

Geography Segment (2017–2027; US$ Bn)

  •  North America (U.S. and Rest of North America)
  •  Europe (U.K., Germany, France, and Rest of Europe)
  •  Asia Pacific (Japan, China, India, and Rest of Asia Pacific)
  •  Rest of World (Middle East & Africa (MEA), Latin America)

Unique data points of this report

  • Statistics on ready-to-move-in homes penetration and spending worldwide
  • Recent trends across different regions in terms of adoption of ready-to-move-in homes for various end users.
  • Notable developments going on in the ready-to-move-in homes market
  • Attractive investment proposition for segments as well as geography
  • Comparative scenario for all the segments for years 2018 (actual) and 2027 (forecast)

Frequently asked questions :

The market for Ready-to-move-in Homes Market is expected to reach US$ XX Bn in 2027.

The Ready-to-move-in Homes Market is expected to see significant CAGR growth over the coming years, at 7.0%.

The report is forecasted from 2019-2027.

The base year of this report is 2018.

Houzz Inc., The Porch Company, Inc., HomeAdvisor, Inc., Livspace are some of the major players in the global market.

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Published Date:  Oct 2019
Category:  Building & Construction
Report ID:   59969
Report Format:   PDF
Pages:   120
Rating:    4.2 (56)
Delivery Time: 24 Hours to 48 Hours   
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