Now in its 46th edition, the Emerging Trends in Real Estate® 2025 report outlines new market dynamics, favored locations and property sector opportunities influencing the overall health of the industry. Featuring exclusive data and insights gathered from over 2,000 top real estate specialists, the report covers a broad range of real estate topics impacting the U.S. and Canadian markets. Key highlights from 2025’s report include:

Industry leaders are more confident than a year ago but remain cautious. Stability has returned to property markets, and investors are now addressing cyclical issues like oversupply and adapting to changing consumer and tenant preferences. One exception is the rise in demand for data centers which is soaring due to the widespread growth of artificial intelligence, while other niche property types are also seeing strong growth.

Multifamily may see supply glut in high-growth areas. The multifamily market in 2025 will be shaped by the issue of supply, with a wave of apartment deliveries peaking in 2024 and concerns about a supply glut in high-growth Sunbelt markets. However, industry specialists anticipate that demand will remain strong due to job growth, favorable demographics and immigration.

Higher insurance costs due to growing climate change risks are affecting CRE and housing markets. Climate risks are increasingly influencing homebuyers, investors, lenders, and others’ decisions alongside affordability and quality of life. In response, real estate firms are incorporating climate risk into their decision-making and risk assessments.

Data centers dominate the real estate market. Fueled by surging demand from cloud storage, mobile data traffic, AI, and emerging technologies, data centers are seeing a continued increase in interest from tenants and investors. However, a supply-demand imbalance is expected to continue for at least the next five years, positioning data centers as a critical asset class in real estate.

Find the 2025 Report Here