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129 Key Real Estate Statistics: 2021/2022 Market Share & Data Analysis

As with many industries, the global real estate industry has to contend with the effects of the pandemic. The hardest hit is the commercial space sector, specifically those dealing with offices and retail spaces. In the residential space sector, the most visible effect of the pandemic can be seen in the demand for residential properties, as prospective homeowners shift their attention to the suburbs, away from the cities where the pandemic is in full swing.

This trend has resulted in the upswing of sales of previously owned homes in the United States, for example, at a healthy 24.7% clip, the highest on record. Elsewhere, China is showing robust growth, as does the UK. In general, the pandemic is bad news for sellers who are looking at international buyers to drive prices up but good news for locals who are now looking at prices more favorable to them as a result of fewer buyers competing against them.

Furthermore, real estate management software adoption is rising, as the whole real estate industry has no choice but to turn to technology to help them deal with the pandemic. Will this help make the industry more viable? The following real estate statistics should let us have a better grasp of the answer.

key real estate statistics

Population and Real Estate Statistics

The health and growth of the real estate industry rest on many economic factors. Residential firms take into account population growth and inflation, among others, to steer their company in the right direction. This, in view of the fact that the population has reached 326.7 million as of 2019 and growing. Moreover, future forecasts seem to favor the industry, especially Millennials, who become first-home buyers. Here are some data and statistics to help you gauge the state of the market today and its future. 

  • Resident population (including non-citizens, undocumented immigrants, etc.) is at 327.9 million, May 2019. (United States Census Bureau, 2019)
  • A 6% increase in population was observed from April 2010 to July 2018. (United States Census Bureau, 2019)
  • US population increased by 9.7% from 2000 to 2010. (Center for Sustainable Systems, 2020)
  • Urban land area increased by 15% from 2000 to 2010. (Center for Sustainable Systems, 2020)
  • Housing units increased by 13.6%, 2000-2010. (Center for Sustainable Systems, 2020)
  • Total housing units estimate in 2018 is 138,537,078. (United States Census Bureau, 2019)
  • The share of owner-occupied housing units from 2014-2018 is at 63.8%. (United States Census Bureau, 2019)
  • 1,328,827 new private-owned housing units with building permits, 2018. (United States Census Bureau, 2019)
  • 119,730,128 households in the country, 2014-2018. (United States Census Bureau, 2019)
  • 2.63 persons in households, 2014-2018. (United States Census Bureau, 2019)
  • Housing starts increased by 6.2% year-on-year. (Trading Economics, 2020)
  • Building permits decreased 6.6% year on year. (Trading Economics, 2020)
  • New home sales in the US averaged 650.17 thousand units from 1963 to 2019. (Trading Economics, 2020)
  • The all-time record for new home sales was in July of 2005 at 1.3 million units. (Trading Economics, 2020)
  • The record low for new home sales was in February 2011, with only 270,000 units. (Trading Economics, 2020)
  • New home sales increased by 4.5% year on year. (Trading Economics, 2020)
  • 64.2% of Non-Hispanic Whites are homeowners. (United States Census Bureau, 2020)
  • 41.1% of African Americans are homeowners. (United States Census Bureau, 2020)
  • 47.4% of Hispanics of any race own their own homes. (United States Census Bureau, 2020)
  • 56.9% of Asian, Native Hawaiian or Pacific Islanders are homeowners. (United States Census Bureau, 2020)
  • Millennials make 65% of first-time home buyers. Generation X is at second at 24%. (National Association of Realtors, 2019)

US Homeowners by Ethnicity

As can be seen, the real estate market share of Millennials will rise in the near future. Also, Millenials use technology more often than not to find things that they need and want. Indeed, the real estate industry needs to cater to this market segment more and more if firms are to keep themselves relevant. We will tackle the role of technology a little later. 

Residential Rental Statistics

Certainly, not everyone can own their first homes right after they move out. Also, moving out is getting less and less viable for Millennials these days because of lesser job prospects. Moreover, most people struggle with their personal finance, and rental is the most viable option. For you to get a better grasp of the state of housing rental in the US, we have compiled relevant real estate market statistics about it below.

  • The rental vacancy rate in the first quarter of 2018 and 2019 did not change at 7%. (United States Census Bureau, 2020)
  • Around 2.4% of total housing units are for rent. (United States Census Bureau, 2020)
  • Only 0.7% of housing units were sold or rented but remain unoccupied. (United States Census Bureau, 2020)
  • Average year-on-year national rent growth is at 1.6%, 2014 -2019. (Apartment List, 2021)
  • Rent growth is trailing behind 1.8% inflation. (Apartment List, 2021)
  • Rent growth is behind average hourly earnings which increased by 3.1 in the past year. (Apartment List, 2021)
  • Henderson, NV has the fastest year-on-year rent growth at 5%. (Apartment List, 2021)
  • The national median for 1 bedroom rent is $959. (Apartment List, 2021)
  • The national median for 2 bedroom rent is $1,190. (Apartment List, 2021)
  • Month-on-month rent change is at 4%, while year-on-year rent change is at 1.6%. (Apartment List, 2021)
  • Rental vacancy in Metropolitan Statistical Areas is at 6.8% in 1Q of ‘18 and 6.6% in 1Q of ‘19. (United States Census Bureau, 2020)
  • Rental vacancy in places outside Metropolitan Statistical Areas is at 8% in 1Q of ‘18 and 10% in 1Q of ‘19. (United States Census Bureau, 2020)
  • Renter-occupied units make up 31.4% of total inventory in 1Q of ‘19. (United States Census Bureau, 2020)
  • It is estimated that 87.9% of housing units in the US in 1Q of ‘19 were occupied. (United States Census Bureau, 2020)
  • 48% of increase of renters are making equal or more than $100,000 a year, 2008-2017. (Apartment List, 2019)
  • 18% increase of renters with an income of $50,000 to $100,000  per year, 2008-2017. (Apartment List, 2019)
  • Only 8% increase of renters are making less than $50,000. (Apartment List, 2019)
  • 68.1% of respondents think that high-income apartments are overpriced. (Urban Land Institute, 2019)
  • 28.9% think that high-income apartments are fairly priced while only 3% feel they are underpriced. (Urban Land Institute, 2019)
  • Hongkong is the most expensive city for residential properties in 2020, with an average property price of $1.25 million. (CBRE Group; Tatler Asia, 2020)
  • This is followed by Munich, wherein the average property price is $1 million. (CBRE Group; Tatler Asia, 2020)
  • Meanwhile, England recorded the highest housing prices in 2020 at £256,108. (Office for National Statistics, 2020)
  • On the other hand, the average housing price in Wales reached £168, 008 in 2020. (Office for National Statistics, 2020)
  • As of 2020, there are more than 1,600 social housing providers based in the UK. (GOV.UK, 2020)
  • The average weekly rent in England amounts to £102/week. (NatCen; Department for Communities and Local Government, 2019)
  • In the US, the volume of commercial real estate transactions in 2020 is forecast to reach $500 billion. (Statista, 2020)
  • In 2020, Canada is the country with the highest investment in commercial properties in the United States, with cross-border flows of almost $14 billion. (National Association of Realtors, 2020)

2019 US Residential Rental Statistics

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Source: US Census Bureau, PWC

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While many may think that high-income apartments are overpriced, the number of high-income renters is still on the rise. Their numbers are increasing for various reasons, and real estate firms need to find out why and how to service them. 

Commercial Real Estate Statistics

The total revenue in the commercial leasing industry in the US increased in 2019 to around $216 billion. There are 352, 737 businesses that employ 487, 433 people, and the numbers are expected to rise. Also, vacancy rates have been increasing at an average of 25% in all markets. The overall health of the business sector mostly determines the growth of the industry. More entrepreneurs are putting up businesses, and if this continues to grow, there is more opportunity for the industry to expand as well.

  • Properties of 10,000 square feet or less make up 72% of all commercial buildings. (National Association of Realtors, 2019)
  • Office rental vacancy rate rose to 15% in 2020. (National Association of Realtors, 2020)
  • For industrial properties, the vacancy rate rose to 10% in 2020. (National Association of Realtors, 2020)
  • Meanwhile, the retail rental vacancy rate rose to 20% in 2020. (National Association of Realtors, 2020)
  • As for multifamily rental, the vacancy rate is at 8% in 2020. (National Association of Realtors, 2020)
  • In 2020, hotel rental vacancy rate spiked to 15%. (National Association of Realtors, 2020)
  • In large markets, commercial sales volume dipped by 11% to $106.3 in Q1 2019. (National Association of Realtors, 2020)
  • Survey respondents reported a decrease of 8% in volume in smaller markets. (National Association of Realtors, 2019)
  • Commercial prices are up 4.5% in major metro areas. (National Association of Realtors, 2019)
  • Commercial prices are up 6% in non-major metro areas. (National Association of Realtors, 2019)
  • Apartment prices have increased by 147% since Q1 of 2010. (National Association of Realtors, 2019)
  • Industrial property prices increased by 75% since Q1 of 2010. (National Association of Realtors, 2019)
  • Quarter-to-quarter change of new commercial constructions is 2.2% in 2019. (National Association of Realtors, 2019)

volume of real estate transactions in the US

New commercial construction projects are rising at a respectable 2.2% in the country. The number of vacancies may also decrease as new businesses are getting put up. There’s no way to know what will happen in the future, but the prospects of commercial leasing are not dim.

Statistics on Real Estate Investments, Sales, and Financing

Real estate prices are on the rise, but financing may be hard to come by. As a result, purchases and sales have been affected. This is because most real estate buyers rely on financing for their homes or commercial ventures. This is why failed transactions from lack of financing are an immediate concern. The future is still not very clear, but here are some important real estate data that industry professionals should use for insights. 

  • The average sales price of houses sold in the US in 2016 is $307,800. (United States Census Bureau, 2019)
  • Average sales price of houses sold in 2017 is $323, 100. (United States Census Bureau, 2019)
  • The average sales price of houses sold in 2018 rose to $326,400. (United States Census Bureau, 2019)
  • Commercial land purchase was the most prevalent since 2017 at 19%. (National Association of Realtors, 2019)
  • Commercial land transactions rose to 21% in 2018 and dipped to 20% in 2019. (National Association of Realtors, 2019)
  • Retail spaces in malls received the least action at 2% in 2018, 0% in 2017, and 2% again in 2019. (National Association of Realtors, 2019)
  • Industrial properties had the highest increase in net operating income among respondents, 2017 to 2019. (National Association of Realtors, 2019)
  • 561,000 houses were sold in 2016. (United States Census Bureau, 2019)
  • Most houses, at 132,000,  were sold at prices ranging from $300,000 to $399,999. (United States Census Bureau, 2019)
  • In 2020, only 13,000 units costing under $150,000 were sold. (United States Census Bureau, 2021)
  • A total of 811,000 houses were sold in 2020. (United States Census Bureau, 2021)
  • 227,000 houses with prices from $300,000 to $399,999 were sold in 2020. (United States Census Bureau, 2021)
  • A total of 7,000 houses were sold costing under $125,000. (United States Census Bureau, 2019)
  • 38,000 houses costing $750,000 and above were sold in 2020. (United States Census Bureau, 2021)
  • 69% of survey respondents reported that they used debt financing to purchase a commercial property. (National Association of Realtors, 2019)
  • The average rate for loans range from 5% to 7%. (National Association of Realtors, 2019)
  • Median loan term is 10 years. (National Association of Realtors, 2019)
  • 54% used local and regional banks to source financing in commercial purchases. (National Association of Realtors, 2019)
  • UK serves as the biggest commercial real estate market in Europe, recording a total of 9.5 billion for commercial property investments during the first quarter of 2019. (Knight Frank, 2019)
  • The volume of real estate cross-border transaction activity in the EMEA (Europe, Middle East, and Africa) region amounted to $76.3 billion during the third quarter of 2020. (JLL, 2020)
  • In the Asia Pacific region, real estate cross-border transactions reached $26 billion. (JLL, 2020)
  • During the first half of 2020, there is a 33% drop in real estate investments globally. (Savills, 2020)
  • Paris is named as the city with the most number of real estate investment and development prospects, with a score of 2.16 in 2020. (PwC; Urban Land Institute, 2020)
  • Berlin follows next, with a score of 2.13, and then Frankfurt at 2.07. (PwC; Urban Land Institute, 2020)

State of Real Estate Financing for Commercial Purchases (US 2019)

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Source: National Association of Realtors

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Banks and other financing institutions have strict guidelines and rules on who to finance. These rules vary depending on bank and lender situation. There are many different options out there should you need a loan to finance your home or business. Accurate and wide research is key. It is good to know about financing options if you are a real estate professional. This can be handy when facing prospects, and sharing it is a good tactic to increase your sales. 

Real Estate Employment Outlook Statistics

Real estate agents can look forward to a good future. The market is creating more and more jobs, increasing the demand for good agents. Even with the rise of technology, face-to-face contact with a trustworthy agent or broker is still valuable. Here are real estate agent statistics for you.

  • The median hourly pay in 2019 is $24.39. (Bureau of Labor Statistics, 2019)
  • Average real estate employee age is 46.3 years old. (Data USA, 2018)
  • Average male real estate employee salary is $71, 487 while the average female salary is $50,489. (Data USA, 2018)
  • 456,300 jobs generated in real estate-related activities in 2018 alone. (National Association of Realtors, 2019)
  • Projected job growth from 2016 to 2026 is at 6%. (Bureau of Labor Statistics, 2019)
  • Employment change from 2016 to 2026 is projected to be at 24,900. (Bureau of Labor Statistics, 2019)
  • Real estate agents have a median annual salary of $45,540 in May 2019. (Bureau of Labor Statistics, 2019)
  • The median annual salary for brokers was $58,780 in May 2019. (Bureau of Labor Statistics, 2019)
  • In the UK, real estate plays a significant role in the economy, with over 514,000 employees in 2019. (GOV.UK, 2019)
  • The average pay for real estate brokers and sales agents in 2019 is $50,730 per year. (US Bureau of Labor Statistics, 2019)

US Jobs Real Estate

Real estate employment is not in any trouble. Expect to see an influx of new jobs, people, firms, and technology. This may mean that the industry will get more competitive.

Technology Use & Outlook Statistics

The raging COVID-19 pandemic has jolted the real estate industry to accelerate its investment in digital transformation. The realities of remote work, virtual property tours, and the need to retain communications with tenants have added to the dire situation. Looking ahead, the real estate market size is poised for growth, and this brings with it the influx of technology-savvy Millennials in the business. This is not only as employees, but Millennials are quickly becoming first-home buyers. They, unlike other generations, are the most comfortable in using technology to find their new homes. If real estate firms don’t make it a point to catch up with Millennial technology use, they may be left behind. Face-to-face interactions go a long way, but technologies like CRM software are also indispensable. 

Technology Assessment Amidst the Pandemic

Asked if the COVID-19 has exposed shortcomings in digital capabilities and affected plans for transformation, real estate businesses responded (Deloitte, 2021):

  • 56% – agree/strongly agree
  • 26% – somewhat agree
  • 15% – neither agree nor disagree
  •   3% – somewhat agree
  •   2% – disagree/strongly disagree

Buyers and Realtors

  • 44% of homebuyers in 2018 go online to shop for homes. (National Association of Realtors, 2019)
  • Most buyers still worked with an agent 87% of the time even when their canvassing process started online. (National Association of Realtors, 2019)
  • 90% of real estate businesses have websites. The most common feature is property listings. (National Association of Realtors, 2018)
  • 40% of Millenials go online for information. (National Association of Realtors, 2019)
  • Only 17% of all home buyers contacted a sales agent first. (National Association of Realtors, 2019)
  • 58% of Millenials found their homes via mobile devices. (National Association of Realtors, 2019)
  • 46% of Generation X found their homes via mobile devices. (National Association of Realtors, 2019)
  • Real estate management software market will reach $12.89 billion in 2025. (Real Estate Management Software Market, 2019)
  • CRM software sales reached $2.69 billion in 2017 globally. (Real Estate Management Software Market, 2019)
  • The CRM software market is expected to grow at a CAGR of 5%. (Real Estate Management Software Market, 2019)
  • 85% of residential firms encourage the use of multiple listing software. (National Association of Realtors, 2019)
  • 93% of realtors prefer email and phones for communication. (National Association of Realtors, 2019)
  • 92% of realtors prefer text messages. (National Association of Realtors, 2019)
  • Only 37% prefer the use of instant messaging. (National Association of Realtors, 2019)
  • 48% of firms cited keeping up with technology as one of the biggest challenges in the next two years. (National Association of Realtors, 2019)
  • 43% of real estate industry experts expect an increase in technological investments in the next 12 months. (Deloitte, 2021)
  • Meanwhile, 41% of industry experts in the APAC region also expect to increase their investment in technology in 2021. (Deloitte, 2021)
  • On the other hand, 50% of industry experts in Europe plan to increase their expenditures on the latest technological tools. (Deloitte, 2021)

Source: Deloitte, 2021

Specialized tools for the industry like real estate management software will likely increase. Real estate professionals have also been using non-specialized platforms by refitting them for their use. Additionally, the use of social media is becoming more rampant, and people access them through their mobile phones. Companies need to catch up with technologies that their target customers are using if they want to stay relevant. Additional tools like mobile marketing software, for instance, can be used to upgrade your technology stack. Reach more. Engage with more. 

Most Popular Real Estate Management Software

  1. IBM Tririga is an intelligent real estate management solution that lets you improve your space and facility utilization. With the use of an integrated workplace management system, it assists you in capital projects, delivering an excellent occupant experience, and other key areas. You can learn more about its features in our IBM Tririga review.
  2. Salesforce Essentials is an industry-leading CRM platform that automates processes and helps you allocate resources based on their availability. It also allows you to manage leads, opportunities, and accounts. Our Salesforce Essentials review discusses its complete capabilities.
  3. Arthur Online is a full-suite property management platform perfect for social housing, single outlets, student housing, residential blocks, and commercial properties. It consolidates all your tenant and property data in one dedicated financial console. For more details about the product, you can check our Arthur Online review.
  4. Property Meld provides advanced maintenance tools that let you manage and track your properties. It assists commercial and residential property managers to ensure compliance with regulations and schedule maintenance jobs. Find out more about this product in our Property Meld review.
  5. Entrata incorporates property accounting, purchasing, facilities, and leasing data into one innovative property management platform. It has a flexible structure with open APIs, allowing you to integrate it with the applications you are already using. You can learn more about it in our Entrata review.

Real Estate and the Environment Statistics

Real estate construction, usage, and maintenance have impacted the balance of our environment. Many environment-conscious consumers are now taking steps to convince producers to put out more environment-friendly products. As a result, this might swell as a movement within the real state industry. Therefore,  you might as well be aware of how real estate impacts the environment today. Hopefully, you can leverage the data below to find a new niche or incorporate environment-friendly features into your unique selling proposition. 

  • The average size of houses has increased by 73% from 1970 to 2017. (United States Census Bureau)
  • The Residential sector’s energy consumption increased 16-fold from 1950 to 2018. (Center for Sustainable Systems, 2018)
  • The residential sector accounts for 37% of total electricity sales. (National Association of Realtors, 2019)
  • The average single-family house built in 2000 used 19 tons of concrete, 3,061 square feet of insulation, and 13,837 board-feet of lumber. (United States Environmental Protection Agency, 2016)
  • Houses built under the Energy Star requirements are 15% more energy-efficient than houses built under 2009 IECC or higher. (Center for Sustainable Systems, 2020)
  • Wasteful energy like temperature control for unoccupied rooms and homes, thermostat over setting, loss from standby power, and inefficient appliances account for 39% of residential energy usage. (Science Direct, 2010)
  • 39% of people aged 55 to 64 years old consider cooling costs as the most important factor when purchasing a home in the United States. (National Association of Realtors, 2020)

cooling costs ast important deciding factor in purchase of home in the US

Saving on energy saves money. This is true for businesses and buyers alike. The current market for green homes is smaller. However, when the right movers and shakers come along, this demand may soar in the future. If you have yet to cater to this niche, why not think about it?

Leverage Statistics into Insights: On technology adoption

This short real estate report shows some aspects of the current state of the real estate industry. Clever readers would use this to paint a picture of the future, as well. We now know that Millenials are coming to the age where they would become homeowners or start their own businesses. They are on their phones all day. If you are not in their digital world, you have a lesser chance of connecting with them. It would be hard for them to find you and know about what you offer. 

There are many ways to reach tech users today. Apps and programs such as business intelligence systems can help turn data into insights. You can even go the route of promoting your services via offering good information being managed by content marketing software. This is an effective yet subtle way of building a good relationship with prospects. 

All of these tools are predicated on technology, and adopting these technologies is one of the biggest steps real estate businesses can–and should–take to remain viable.

 

References:

  1. Apartment List. (2021). Apartment List National Rent Report. Retrieved from Apartment List
  2. GOV.UK (2019). BUSINESS POPULATION ESTIMATES FOR THE UK AND REGIONS 2019. Retrieved from GOV.UK
  3. Center for Sustainable Systems. (2018). RESIDENTIAL BUILDINGS FACTSHEET. Retrieved from Center for Sustainable Systems
  4. Center for Sustainable Systems. (2020). RESIDENTIAL BUILDINGS FACTSHEET. Retrieved from Center for Sustainable Systems 
  5. Data USA. (2018). REAL ESTATE. Retrieved from Data USA
  6. Deloitte. (2021). 2021 commercial real estate outlook Rebuilding to enhance resilience. Retrieved from Deloitte
  7. JLL. (2020). Global Real Estate Perspective February 2021. Retrieved from JLL
  8. Knight Frank. (2019). EUROPEAN QUARTERLY COMMERCIAL PROPERTY OUTLOOK. Retrieved from Knight Frank
  9. NatCen; Department for Communities and Local Government. (2019). 2018-19 English Housing Survey Headline Report . Retrieved from NatCen; Department for Communities and Local Government
  10. National Association of Realtors. (2018). Real Estate in a Digital Age: 2018 Report. Retrieved from National Association of Realtors
  11. National Association of Realtors. (2019). COMMERCIAL REAL ESTATE TRENDS & OUTLOOK 2019.Q1. Retrieved from National Association of Realtors
  12. National Association of Realtors. (2019). Real Estate in a Digital Age. Retrieved from National Association of Realtors
  13. National Association of Realtors. (2020). 2020 Commercial Real Estate International Business Trends. Retrieved from National Association of Realtors
  14. National Association of Realtors. (2020). 2020 Home Buyers and Sellers Generational Trends Report. Retrieved from National Association of Realtors
  15. National Association of Realtors. (2020). Commercial Real Estate Trends and Outlook: July 2020. Retrieved from National Association of Realtors
  16. PWC. (2020). Emerging Trends in Real Estate® Climate of Change: Europe 2020. Retrieved from PWC
  17. Real Estate Management Software Market. (2019). Global Real Estate Management Software Market Size 2017 By Application (Small Enterprises, Medium Enterprises, and Large Enterprises), By Product (ERP, PMS, CRM, Others), By Region and Forecast 2018 to 2025. Retrieved from Real Estate Management Software Market 
  18. ScienceDirect. (2010). Scoping the potential of monitoring and control technologies to reduce energy use in homes. Retrieved from ScienceDirect
  19. Statista. (2020). Social housing providers in the United Kingdom (UK) 2020, by type of organisation. Retrieved from Statista
  20. Statista. (2020). Volume of commercial real estate transactions completed in the United States from 2007 to 2020. Retrieved from Statista
  21. Tatler Asia. (2020). Hong Kong Named The Most Expensive Housing Market In The World. Retrieved from Tatler Asia
  22. Trading Economics. (2020). United States New Home Sales. Retrieved from Trading Economics
  23. Trading Economics. (2021). United States Housing Starts. Retrieved from Trading Economics
  24. Urban Land Institute. (2019). Emerging Trends. Retrieved from Urban Land Institute
  25. US Bureau of Labor Statistics. (2019). Real Estate Brokers and Sales Agents. Retrieved from US Bureau of Labor Statistics
  26. US Census Bureau. (2019). MONTHLY NEW RESIDENTIAL SALES, MAY 2019. Retrieved from US Census Bureau
  27. US Census Bureau. (2019). National Population Totals and Components of Change: 2010-2019. Retrieved from US Census Bureau
  28. US Census Bureau. (2021). MONTHLY NEW RESIDENTIAL SALES, FEBRUARY 2021. Retrieved from US Census Bureau
  29. US Census Bureau. (2021). QUARTERLY RESIDENTIAL VACANCIES AND HOMEOWNERSHIP,. Retrieved from US Census Bureau 
  30. US Census Bureau. (n.d.). New Residential Construction. Retrieved from US Census Bureau
  31. US Environmental Protection Agency. (2016). Analysis of the Lifecycle Impacts and Potential for Avoided Impacts Associated with Single Family Homes. Retrieved from US Environmental Protection Agency 
Nestor Gilbert

By Nestor Gilbert

Nestor Gilbert is a senior B2B and SaaS analyst and a core contributor at FinancesOnline for over 5 years. With his experience in software development and extensive knowledge of SaaS management, he writes mostly about emerging B2B technologies and their impact on the current business landscape. However, he also provides in-depth reviews on a wide range of software solutions to help businesses find suitable options for them. Through his work, he aims to help companies develop a more tech-forward approach to their operations and overcome their SaaS-related challenges.

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