Latest news with #residentialmarket
Yahoo
7 days ago
- Business
- Yahoo
Guidehouse Research Estimates Global Residential Electrical Panel Market to Reach Over $41 Billion by 2034
Demand for home electrification and smart energy technologies drives growth BOULDER, Colo., July 24, 2025 /PRNewswire/ -- A new report from Guidehouse Research explores the residential electrical panel market globally. For over 70 years, electrical panels have been an essential piece of safety equipment for delivering electricity throughout residential buildings. According to a new report from Guidehouse Research, revenue in the residential electrical panel market is expected to grow from US$27.0 billion in 2025 to US$41.1 billion in 2034 at a CAGR of 4.8%. Much of this growth is likely to be driven by rising adoption of smart panel technologies, particularly in developed regions. Globally, smart panel technology revenue is projected to increase from US$5.5 billion in 2025 to US$16.0 billion in 2034 at a CAGR of 12.6%. "Overall, the residential electrical panel market is expected to experience healthy growth over the next decade," says Hannah Bastian, research analyst with Guidehouse Research. "This growth is likely to be driven by rising electricity demand in homes as more consumers install modern electrical equipment like EV chargers, solar PV, heat pumps, air conditioners, and refrigerators." Since electrical panels are an essential part of residential buildings, there will always be a market for the technology. The primary drivers of the market include those that have been consistent since the advent of electrical panels, like fire safety and growing electrical demand, and newer drivers such as EV charging and onsite solar PV. Over the next decade, these factors are expected to drive greater demand in the market for larger panels, subpanels, and smart panel technologies. The barriers to the market largely relate to replacing existing panels, since installing electrical panels in new construction is fairly straightforward and often required by electrical codes, according to the report. The report, Residential Electrical Panels, analyzes the drivers and barriers that are expected to shape the residential electrical panel market over the next 10 years. The analyses estimate global residential electrical panel revenue, segmented by region, equipment type, and building type. It also describes the key stakeholders in the market and provides recommendations for how to navigate the market as it evolves. An executive summary of the report is available for free download on the Guidehouse Research website. About Guidehouse ResearchGuidehouse Research, the dedicated market intelligence arm of Guidehouse, provides research, data, and benchmarking services for today's rapidly changing and highly regulated industries. Our insights are built on in-depth analysis of global clean technology markets. The team's research methodology combines supply-side industry analysis, end-user primary research, and demand assessment, paired with a deep examination of technology trends, to provide a comprehensive view of emerging resilient infrastructure systems. Additional information about Guidehouse Research can be found at About GuidehouseGuidehouse is a global AI-led professional services firm delivering advisory, technology, and managed services to the commercial and government sectors. With an integrated business technology approach, Guidehouse drives efficiency and resilience in the healthcare, financial services, energy, infrastructure, and national security markets. Built to help clients across industries outwit complexity, the firm brings together approximately 18,000 professionals to achieve lasting impact and shape a meaningful future. * The information contained in this press release concerning the report, Residential Electric Panels, is a summary and reflects the current expectations of Guidehouse Research based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report's conclusions and the methodologies used to create the report. Neither Guidehouse Research nor Guidehouse undertakes any obligation to update any of the information contained in this press release or the report. For more information, contact: Cecile Fradkin for Guidehouse Research+1.646.941.9139cfradkin@ View original content to download multimedia: SOURCE Guidehouse Research Sign in to access your portfolio
Yahoo
23-07-2025
- Business
- Yahoo
Enphase Sees 20% Drop in Home Solar Market on Subsidy Loss
(Bloomberg) -- Enphase Energy Inc., a major US solar equipment company, sees the nation's residential market shrinking 20% next year as tax credits for homeowners end under President Donald Trump's sweeping economic legislation. Trump Awards $1.26 Billion Contract to Build Biggest Immigrant Detention Center in US Why the Federal Reserve's Building Renovation Costs $2.5 Billion Salt Lake City Turns Winter Olympic Bid Into Statewide Bond Boom Milan Corruption Probe Casts Shadow Over Property Boom How San Jose's Mayor Is Working to Build an AI Capital While some analysts have predicted even steeper declines, the estimate from Enphase marks one of the first big projections from an industry player since Trump's spending bill was passed. The company is among the first US solar companies to report earnings this quarter. Enphase's shares were down more than 4% in pre-market trading Wednesday. Chief Executive Officer Badri Kothandaraman warned Tuesday that residents who want to install solar and home batteries will have to move toward financing the systems with third-party leases, which will still qualify for tax incentives next year. 'I expect the lease market to be increasing a little bit and the cash and loan market to decrease by a lot' next year, he said during the company's second-quarter earnings call. The yanking of federal government support is hitting the industry after home solar installers had already been facing headwinds, including persistently high interest rates that have made it more expensive for residents to buy panels. Two major home solar financiers have filed for bankruptcy so far this year. Trump's new tax-and-spending law passed earlier this month will eliminate tax incentives for residential solar purchases by year end. However, companies that lease panels can claim the incentive through 2027. Analysts at BloombergNEF expect residential solar installations to increase about 13% this year compared with last year as homeowners rush to take advantage of expiring tax credits. However, BNEF sees the market shrinking by 35% in 2026. To adjust, Enphase will pivot toward working with more leasing companies as well as focus on reducing customer acquisition and installation costs, Kothandaraman said. Enphase shares fell about 7% in after-market trading after the company forecast third-quarter revenue that missed analyst estimates. (Updates with shares in the third paragraph) Elon Musk's Empire Is Creaking Under the Strain of Elon Musk Burning Man Is Burning Through Cash A Rebel Army Is Building a Rare-Earth Empire on China's Border Thailand's Changing Cannabis Rules Leave Farmers in a Tough Spot How Starbucks' CEO Plans to Tame the Rush-Hour Free-for-All ©2025 Bloomberg L.P. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
22-07-2025
- Business
- Bloomberg
Enphase Sees 20% Drop in US Home Solar Market on Tax Credit Loss
Enphase Energy Inc., a major US solar equipment company, sees the nation's residential market shrinking 20% next year as tax credits for homeowners end under President Donald Trump's sweeping economic legislation. While some analysts have predicted even steeper declines, the estimate from Enphase marks one of the first big projections from an industry player since Trump's spending bill was passed. The company is among the first US solar companies to report earnings this quarter.
Yahoo
16-07-2025
- Business
- Yahoo
Homes.com Report: Home Price Inflation Remained Muted in June. Nationally, the Median Home Price Was up Just 1.3% From a Year Ago
The combination of higher for-sale inventory and ongoing affordability challenges has dampened price appreciation this year. ARLINGTON, Va., July 16, 2025--(BUSINESS WIRE)-- a CoStar Group leading online residential marketplace, released a new report today analyzing home price trends in June (based on the data collected to date), including price trends across major metros and house types. Preliminary price data for June showed a modest 1.3% increase in the median home price nationally, consistent with this year's trend of moderating home price inflation. The June increase is significantly below the increases that were typical for the month of June in recent years. The median home price rose by about $5,000 from June of last year to $395,000. The median prices of townhomes and condos declined compared to last June. Moderating price growth reflects a recent uptick in for-sale inventory and ongoing affordability challenges. The increase in inventory is giving buyers more negotiating power. Still, demand is yet to pick up, as home prices remain high after the run-up during the pandemic years, and mortgage rates stay elevated. Regionally, the Midwest and parts of the Northeast experienced the highest home price appreciation in June compared to June 2024. Five of the 10 major metros with the biggest price increases were in the Midwest. Several key metros in the Northeast also outperformed the nation in June. However, almost a quarter of the 40 largest metros saw outright year-over-year declines in the median home price, with the weakness concentrated in several major Sun Belt metros, struggling with elevated inventory levels and lower demand. The data shared in this report could change slightly once all home sales are accounted for. Erika Ludvigsen, National Director of Residential Analytics at is available for interviews to provide insights on the data and the residential real estate market in general. For more information and insights on the latest home buying and selling market trends, visit About is the fastest-growing residential real estate marketplace and the second-largest portal in the United States. is a brand of CoStar Group (NASDAQ: CSGP), a global leader in commercial real estate information, analytics, and online marketplaces, which acquired the platform in 2021. is the first major U.S. real estate portal to focus first on helping homeowners and their agents leverage the marketing power of the internet to bring more potential buyers to their listings. unparalleled content and search capabilities bring millions of buyers and sellers to the site, where they can seamlessly connect with agents. On average, Members are winning 58% more listings* because they offer the home sellers a real estate portal that works for them, not against them. The Network reached an audience of 104 million average monthly unique visitors in the first quarter ending March 31, 2025.** Consumer brand awareness skyrocketed from 4% to 33% in just one year since CoStar Group launched the industry's largest marketing campaign to date in February 2024, reintroducing the platform to the market. For more information, visit * Based on internal analyses comparing Members to non-Members on ** Network (which includes the Apartments Network, and the Land Network) average monthly unique visitors for the quarter ended March 31, 2025, according to Google Analytics. About CoStar Group CoStar Group (NASDAQ: CSGP) is a global leader in commercial real estate information, analytics, online marketplaces, and 3D digital twin technology. Founded in 1986, CoStar Group is dedicated to digitizing the world's real estate, empowering all people to discover properties, insights, and connections that improve their businesses and lives. CoStar Group's major brands include CoStar, a leading global provider of commercial real estate data, analytics, and news; LoopNet, the most trafficked commercial real estate marketplace; the leading platform for apartment rentals; and the fastest-growing residential real estate marketplace. CoStar Group's industry-leading brands also include Matterport, a leading spatial data company whose platform turns buildings into data to make every space more valuable and accessible, STR, a global leader in hospitality data and benchmarking, Ten-X, an online platform for commercial real estate auctions and negotiated bids and OnTheMarket, a leading residential property portal in the United Kingdom. CoStar Group's websites attracted over 130 million average monthly unique visitors in the first quarter of 2025, serving clients around the world. Headquartered in Arlington, Virginia, CoStar Group is committed to transforming the real estate industry through innovative technology and comprehensive market intelligence. From time to time, we plan to utilize our corporate website as a channel of distribution for material company information. For more information, visit View source version on Contacts Matthew BlocherCoStar Group(202)
Arabian Business
14-07-2025
- Business
- Arabian Business
Dubai real estate transactions jump 23% in H1 2025 as market enters ‘stabilisation phase'
Dubai's residential real estate market continued its strong trajectory in the first half of 2025, with transaction volumes increasing 23 per cent year-on-year to 91,897 sales across both secondary and off-plan markets, according to a new report from Espace Real Estate. The first half of the year saw robust activity, buoyed by sustained demand for both off-plan and ready properties. While overall transaction volumes remained strong, a closer look at community-level data indicates that the market is now entering a stabilisation phase of the cycle, according to Espace analysis. Dubai real estate In many of Dubai's most established communities, slightly lower levels of transactional activity were recorded. However, both rental and capital values continued to rise, highlighting a shift toward long-term residency. John Lyons, Managing Director at Espace Real Estate, said: 'In H1 2025 the Dubai residential real estate market continues to demonstrate remarkable resilience and growth. Transaction volumes remained robust, buoyed by sustained demand for both off-plan and ready properties'. Off-plan transactions accounted for 59 per cent of all residential activity in H1 2025, a slight decrease from 61 per cent during the same period last year, the report noted. As of H1 2025, 17,013 off-plan units were completed, reflecting a notable increase in available rental stock. This new supply is contributing to a moderation of rental price growth across the wider market, particularly in newly handed-over communities. The report notes a shift in resident behaviour, with a growing number of people now viewing Dubai as a long-term home rather than a short-term expat base. This evolution is supporting greater stability in the market and contributing to more measured, sustainable growth. The luxury segment experienced particularly strong performance, with properties priced above AED20m ($5.4m) recording the largest increase in transaction activity both year-on-year and compared to H2 2024. This reinforces the ongoing trend of Dubai continuing to attract global wealth. Notably, changes to the so-called 'non-dom' tax regulations in the UK have prompted many ultra-wealthy UK residents to relocate to Dubai. Villa and townhouse communities recorded a clear divergence from the apartment segment in terms of price appreciation. Of the 20 villa and townhouse communities tracked in this report, 19 saw price increases, with the average rise standing at 19 per cent. The limited supply within this segment continues to drive price growth. Average selling prices increased in 10 out of the 11 apartment communities tracked, although at a more moderate pace than H1 2024. The average increase was 8 per cent in H1 2025 compared to 17 per cent during the same period last year, suggesting a more moderated pace of growth in this segment. Rental activity has slightly declined in the communities tracked in the report, largely due to greater availability across the market. While prices have continued to rise, the handover of new communities is helping to balance demand with supply, keeping rental price increases from accelerating further. At Espace Real Estate, buyer activity continues to highlight Dubai's strong global appeal, with demand driven by a broad mix of international buyers. While the UK has long remained the top source of investors, there is growing interest from across Europe, North America and Asia Pacific. This trend reflects Dubai's rising status as a long-term home for wealthy global citizens. As market conditions evolve, the report suggests the current moderation may ultimately contribute to more sustainable long-term growth for Dubai's property sector.
