Market Share of Residential Real Estate Industry
The residential real estate market is fragmented and highly competitive, with the presence of regional and international players. International MNCs include Savills PLC and Sun Hung Kai Properties. The regional players dominate their respective countries, like DLF in India and KB Homes in the United States. Major companies in the market have adopted strategies such as acquisitions, business developments, joint ventures, partnerships, and product launches to offer better services to customers in the residential real estate market. For instance, in 2021, Savills formed a strategic alliance with SRS Real Estate Partners. In 2021, Lennar Group acquired RealStar Homes, a privately-held Coastal Carolinas operator, to expand the market.
Residential Real Estate Market Leaders
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Christie International Real Estate
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ColdWell Banker Real estate Company
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Al Habtoor Group
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DLF Ltd
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Hochtief Corporation
*Disclaimer: Major Players sorted in no particular order