Real Estate and Rental and Leasing in the US
Over the five years to 2018, the Real Estate and Rental and Leasing Sector in the United States has performed well, with sector revenue increasing an annualized 3.7% to reach $988.4 billion, which includes expected growth of 1.2% in 2018 alone. Overall, sector performance has been supported by strong growth in each of this sector's subsectors and subsequent industry groups. Over the five years to 2023, sector performance is expected to decelerate somewhat, with sector revenue increasing an annualized 1.6% to reach $1.1 trillion by 2023. Sector revenue is expected to slow mainly due to a reversal of current real estate market conditions.
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.