The Real Estate Sector is all about land and location. Firms in the sector meet a broad remit, being involved with every aspect of land and its development. The Real Estate Sector includes firms interested with:
The Real Estate Sector is affected by consumer spending in a huge way, with the economic downturn of the Noughties seeing the housing markets and commercial property markets collapse. As the wider economy has improved, so too has the sector.
Key trends with the Real Estate Sector include:
The opportunities for profitability from property will continue to improve
Interest Rates are likely to rise in key markets
Capital is likely to go wide
Greater shift to city living from Generation Y