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Stock impact report

16 Top Alternatives to Zillow and Trulia [Yahoo! Finance]

Opendoor Technologies Inc (OPEN) 
Company Research Source: Yahoo! Finance
Global Real Estate Market: At A Glance According to a report by Grand View Research, the global real estate market was valued at $3.81 trillion in 2022. The market is expected to grow at a compound annual growth rate (CAGR) of 5.2% from 2022 to 2030, to reach a valuation of $5.85 trillion by the end of the forecasted period. The Asia Pacific region dominated the global real estate market in 2021 with a market share of 52.6%. China contributed 64.8% to the share of the region in the global market. However, recent trends are telling a different story. On February 2, CNBC reported that housing demand is set to drop by 50% in China in the coming decade. The decline has been predicted by the IMF and is expected to weaken the country's already slowing economy. China's GDP growth is expected to slow to 4.6% this year, down from 5.2% in 2023. This is due to a decline in new urban households and a large overhang of unfinished properties. The government is taking steps to ease financing rest Show less Read more
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