Over the decade from 2013 to 2023, the production in the Real Estate Activities sector in Denmark showed a general upward trend. The sector saw significant growth, with the production value rising from 340.38 billion Danish Krones in 2013 to 634.63 billion in 2023, reflecting a robust market expansion. The year-on-year growth was particularly notable during 2016-2017 with a 30.41% increase, though there were slight declines in 2019 and 2020. From 2021 onwards, the sector resumed growth, with a consistent upward trajectory forecasted through 2028.
Key Trends (2022-2023):
- 2022: YoY increase by 4.71%
- 2023: YoY increase by 4.45%
Notable Longer-Term Trends:
- The 5-year Compound Annual Growth Rate (CAGR) from 2023 to 2028 is projected at 2.98%.
- Overall 5-year growth rate forecast is expected to be 15.8%.
The outlook remains positive with moderate but steady growth expected over the next five years. Key trends to watch include potential impacts of economic policies, real estate investment behaviors, and global economic conditions, which might affect both domestic and commercial real estate activities.
