The real estate market is expected to grow due to increasing demand for efficiency in property management, urbanization, and technological innovation. Therefore, fundamentally strong real estate stocks, Marcus & Millichap, Inc. (MMI), Newmark Group, Inc. (NMRK), and RE/MAX Holdings, Inc. (RMAX), might be worthy watchlist additions for capitalizing on the property market.
The global real estate market is expected to grow at a CAGR of 9.3% by 2030. This growth is driven by several key factors, including increased urbanization rates in emerging economies, advancements in construction technology, and shifting consumer preferences towards sustainable and smart building solutions.
