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Navigating the Nexus of Urbanization, Technology, and Global Economics in Real Estate Market Dynamics
- 1 University of Technology Sydney, Sydney, Australia
- 2 University of Nottingh, Nottingham, United Kingdom
* Author to whom correspondence should be addressed.
Abstract
This article provides a comprehensive analysis of the key factors shaping real estate markets, focusing on urbanization trends, technological advancements, and global economic shifts. Urban migration is fueling demand in metropolitan areas, leading to significant infrastructural developments and a reevaluation of property values. Concurrently, technological innovations like artificial intelligence, virtual reality, and blockchain are transforming real estate transactions and management, enhancing market efficiency and transparency. Additionally, the paper examines the impact of global economic conditions, including trade wars and policy changes, on real estate investment and market stability. By integrating these elements, the article forecasts potential market trends and offers strategic insights for navigating the complexities of the real estate sector. This synthesis not only highlights current influences but also projects future changes in the landscape of real estate, suggesting adaptive strategies for industry stakeholders.
Keywords
Real Estate Market, Urbanization, Technological Innovation, Global Economy, Property Values
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Cite this article
Xu,L.;Dong,X. (2024).Navigating the Nexus of Urbanization, Technology, and Global Economics in Real Estate Market Dynamics.Advances in Economics, Management and Political Sciences,108,61-66.
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Volume title: Proceedings of the 3rd International Conference on Financial Technology and Business Analysis
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