Real Estate Market
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Report introduction: Real Estate Market
Even if 2021 economy was full of uncertainty, the last year represented a record-breaking year for the global real estate realm, with global commercial sales volumes exceeding the 2020 total by 59% and the prior peak observed in 2019 by 22%.
But what does Real Estate really mean? The term refers to real property attached to land that includes buildings, facilities, roads, bridges, structures and services, as well as water, trees and minerals. Property rights confer title to the land, buildings, and natural resources thereon.