Experts Reveal Surprising 2024 Real Estate Market Analysis Trends
Environmental Sustainability and Green Buildings
Sustainability is no longer just a buzzword; it's a critical factor in real estate development. The demand for green buildings and environmentally sustainable homes is growing rapidly. Properties with energy-efficient features, such as solar panels and smart home technologies, are attracting higher valuations and quicker sales. The global green building materials market is projected to reach $364 billion by 2027, highlighting the increasing preference for sustainable living3. For investors, focusing on eco-friendly developments can yield substantial returns and align with the growing consumer trend towards sustainability.