
The real estate market is expected to grow amid a resilient rental market, and evolving demands in residential and commercial sectors. Therefore, fundamentally strong real estate stocks, AMREP Corporation (AXR), FirstService Corporation (FSV), and Jones Lang LaSalle Incorporated (JLL) might be worth watching.
The global real estate market is expected to grow at a CAGR of 1.8% by 2033. The market is experiencing steady growth driven by rapid urbanization, changing lifestyle trends, e-commerce growth, inflating disposable incomes of individuals, infrastructure development and improvements, remote work, demographic shifts, and favorable government policies.