Real Estate Retains Position World’s Largest Store Wealth Worth Us3933 Tril Savills

Savills research shows that real estate remains the world’s most valuable asset class with a combined value of US$393.3 trillion. This represents a slight decrease of 0.5% compared to the previous year, largely due to a decline in global residential values. China, the United States, and Japan continue to dominate the global real estate market, accounting for 71% of its total value, while commercial real estate saw a steady increase of 4.1% in value. Despite fluctuations in the market, experts believe that property will continue to hold its position as the greatest store of wealth for the foreseeable future.

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