This Pie Chart Shows Just How Huge Real Estate Is Among Assets

Savills data shows the total global value of real estate hit $217 trillion in 2015—the largest asset type by a few trillion dollars.

Residential real estate makes up the biggest piece of the pie, at $162 trillion, leaps ahead of both high quality/commercial ($29 trillion) and agricultural ($26 trillion).

For context, all the world's gold comes out to "just" $6 trillion, less than 3% of the total real estate value, Savill's head of world research, Yolanda Barnes, says.

That $217 trillion is also almost three times the world’s GDP. According to the Savills study, quantitative easing and low interest rates fueled a real estate price spike, which helped boost the total value.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's National Newsletters
Related Stories

Real Estate's Bottom Rung Is Getting Harder To Reach — And Now It Wants AI Skills

OpenAI Plans Data Center Rebrand To Make Projects Palatable To Voters

The Geo Group To Reopen 2,329-Bed Immigration Facility In Texas

Brookfield, CPP Complete $5.2B REIT Buyout, Pick Up U.S. Logistics Assets

Metropolis Is Bringing AI To The Parking Experience, And Property Owners Are Taking Notice

What's At Stake For CRE In Tuesday's U.S. Midterm

The Data Center Election That Matters Isn't In Congress

TPG, ACORE Raise Billions For Opportunistic CRE Funds

Newmark Cuts Earnings Outlook Despite Record Third Quarter

Battered Mortgage REIT Suspends Dividend To Preserve Cash

From Pandemic Darling To Cautionary Tale: Pickleball Clubs Face A Reckoning After Betting Big On Retail Space

Weil Gotshal Wind-Down Leaves 830K SF Hole In America's Office Market