ENVIRONMENTAL, SOCIAL & GOVERNANCE REPORT 2023
Global Real Estate: A $300 Trillion Asset Class
U.S. REAL ESTATE
$70 TRILLION
(Year CoStar entered market)
Single Family
Residential/
New Homes
(2020)
Office
(1986)
Industrial
(1994)
Retail
(2004)
Rural Land
(2011)
Apartment
(2014)
Hotel
(2019)
U.S. Real Estate Sources:
Office CoStar estimate
Industrial - CoStar estimate
Retail CoStar estimate
Rural Land-U.S. Department of Agriculture
Apartment-CoStar estimate
Hotel CoStar estimate
Single Family - Federal Reserve Flow of Funds and
Urban Institute
New Homes - Federal Reserve Economic Data (FRED)
Global Real Estate Sources:
Global real estate value calculated by scaling
U.S. real estate value based on the U.S.
share of global GDP, Global GDP data from
The World Bank
GLOBAL REAL ESTATE
$300 TRILLION
Canada
France
UK
India Germany
United States
China
CoStar Group Offices
Based on 2023 Data
CoStar Group™View entire presentation