The number of persons employed in real estate in France stood at 393,000 units in 2023. Over the last decade, employment has exhibited fluctuations, with a significant dip in 2014 and 2015, but recovering and consistently growing from 2017 onwards. The Year-on-Year variations show a mix of marginal declines and modest growths, with notable increases in 2016 and 2017. The Compound Annual Growth Rate (CAGR) has been steadily positive since 2017, suggesting a trend towards gradual growth in employment in the sector.
Looking forward, future trends to watch for include:
- Impact of digital transformation and automation on employment levels.
- Potential shifts in demand due to economic conditions or policy changes.
- Continued evolution in urban development and housing market dynamics.
The forecast shows a continued, albeit cautious, growth with a 5-year CAGR of 0.35% and an overall growth rate of 1.77% by 2028.
