- America's real estate generates nearly a third, or $2.9 trillion, of U.S. GDP and creates jobs for over 9 million Americans
- America's real estate is the source for nearly 70% of local tax revenues, which pay for schools, roads, police and other essential public services.
- U.S. commercial real estate is worth approximately $5 trillion, including 4 billion sq. ft. of office space; 13 billion sq. ft. of industrial property; almost 6 billion sq. ft. of shopping center space; 4.4 million hotel rooms; and 33 million sq. ft. of rental apartment space.
- America's nearly 47,000 shopping centers accounted for $1.98 trillion in sales in 2003 and generated $84.3 billion in state sales taxes.
- Housing accounts for approximately 32% of household wealth. In 2003, single-family (owner occupied) housing was valued at over $15 trillion; homeowners' equity at the time was valued at approximately $8 trillion.
- The nation's multifamily housing provides homes for over 23 million households.
- Publicly traded real estate investment trusts (REITs) have a total equity market capitalization of $285 billion. Tens of thousands of individual investors own shares of REITs.
- Spending by resident and international travelers in the U.S. averages $1.4 billion a day. One out of every seven Americans is directly or indirectly employed in the lodging and tourism industries.
- Real estate construction jobs are good-paying jobs, with average seasonally adjusted hourly earnings of $19.37 per hour, 21% higher than the average for all private industry nonsupervisory workers.
