Construction is one of the most important sectors of the national economy, providing a stimulating effect for the development of other sectors. Many technical, technological, socio-economic and environmental issues are related to the efficiency of the construction industry development. The task of improving the development of construction organizations has led to the expansion of research in the development and implementation of new forms, methods and systems for managing construction projects in order to increase their efficiency and competitiveness. Real estate development is a modern stage in the development of the construction industry, allowing more active implementation of marketing and management approaches to improve the efficiency of individual projects and the industry as a whole. The development of real estate objects is characterized by a variety of types, complexity and complexity of the tasks facing the development company in the implementation of development projects. The article discusses the concepts of real estate development and development activities, as well as the main types of development. To disclose the content and features of real estate development and development activities, the following are systematized: classification of types of real estate development, characteristics of the stages of development activity, its participants and results, characteristics of the most common types of real estate development. The article analyzes the real estate markets of the two largest world economies – the USA and China. Market trends and features of development in these countries are revealed. The article also discusses the prospects for real estate development in Ukraine in the post-war period