The real estate trends for 2024 reflect significant shifts driven by technology, sustainability, and changing consumer preferences. As interest rates stabilize, demand in both residential and commercial sectors is expected to see moderate growth, particularly in suburban and secondary cities offering affordability and better living conditions.
The rise of eco-conscious buyers is driving sustainable housing development, with energy-efficient designs and smart home technology becoming standard features. Mixed-use developments, integrating residential, office, and retail spaces, are gaining popularity as people seek convenience and community living. The adoption of PropTech, including virtual tours, blockchain for transactions, and AI-powered property management, is transforming how real estate is bought, sold, and maintained. Meanwhile, rental markets continue to thrive, fueled by high home prices and a preference for flexibility among younger generations. These trends indicate a market evolving to meet modern demands while adapting to economic and environmental realities.