What percentage of the United States' GDP is contributed by the real estate sector?

The real estate sector is a significant contributor to the United States' gross domestic product (GDP), with its impact encompassing various activities such as residential construction, commercial property services, and the broader implications of real estate transactions on the economy. The correct answer indicates that approximately 16% of the GDP comes from this sector, reflecting its critical role in economic activity.

The figure encompasses not just the value of property transactions but also the broader economic activities linked to real estate, including leasing, property management, and related services. This contribution underscores how essential the sector is to overall economic health and growth, as it creates jobs, stimulates investment, and drives demand in other industries.

Other percentages, while possibly reflecting certain segments or years of data, do not capture the comprehensive role that real estate plays in the economy when considered holistically. Therefore, recognizing that 16% is the right figure helps highlight the substantial influence of real estate on both local and national economies.