Authored By: Sarah
30 Sep 2023

Market growth of USD 35535.04 Mn is forecasted for Home Equity Lending Market through 2023-2027  

The Home Equity Lending Market is forecasted to witness sizeable market growth by USD 35,535.04 million in revenue between 2022 and 2027 accelerating at a CAGR of 3.81% across the globe.

When it comes to the market segmentation of home equity lending it extensively covers market segmentation by source (mortgage and credit union, commercial banks, and others), distribution channel (offline and online), and geography (North America, Europe, APAC, South America, and the Middle East and Africa). 

"Technavio's analyst provides a detailed analysis of all the trends that are likely to influence the growth of individual segments within the market as well as the overall market in focus. Get a comprehensive report summary today."

home equity lending market, best home equity lender, home equity lending trends,

Home Equity Lending Market at a Glance

Navigating through the Home Equity Lending Market: It is observed home equity lending market is significantly driven by massive increases in home prices, In most countries from 2020 onwards house prices rose by more than 5%.

"As per data countries that witnessed the highest increase are Luxembourg, Turkey, New Zealand, and Canada. Property prices continue to grow, and homeowners will be able to access the reserve as they become more equity rich with a positive influence on the market growth."

Market Trends: When it comes to market trends increase in residential properties is a major home equity lending market trend owing to the growing population, the growing need for decent housing and infrastructure, and the rising number of nuclear families. Our report captures the growth trajectory of the market and is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking. Request for a comprehensive report summary today.

Key Companies: Some of the major companies worth mentioning in the Home Equity Lending Market include names like A and A Dukaan Financial Services Pvt. Ltd., ABC Finance Ltd., Australia and New Zealand Banking Group Ltd., Bank of America Corp., Barclays PLC, Citizens Commerce Bancshares Inc., Commonwealth Bank of Australia, Flagstar Bancorp Inc., HSBC Holdings Plc, JPMorgan Chase and Co., Morgan Stanley, Navy Federal Credit Union. Our report offers in-depth insights into key vendor profiles with a wider understanding of the business ecosystem. 

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerating at a CAGR of 3.81%.

  2. What is the incremental growth of the market?
    The market is expected to grow by USD 35535.04 mn through 2023-2027.

  3. What is a key factor driving this market?
    Massive increases in home prices will drive market growth over the forecast period.

  4. What are the key regions covered in this market research report?
    North America, Europe, APAC, South America, and Middle East, and Africa are the key regions featured in this research report.

  5. Which is the leading geographic region for this market:
    37% growth will originate from North America.
Read News Read Less
Interested in this report?
Get your sample now!