In 2023, France led the European real estate agencies market with 64.78 thousand enterprises, followed by Spain (47.22), Italy (35.39), and Germany (32.31). The United Kingdom, Portugal, and Poland trailed behind. Portugal showed the highest year-on-year growth at 5.69%, followed by Slovakia and Hungary. Conversely, Bulgaria and Finland saw declines. Over the last five years, The market exhibited a steady increase, with notable CAGR in Poland, Belgium, and the Netherlands.
Going forward, the European real estate sector should anticipate continued growth, especially in markets like Slovakia, Hungary, and Luxembourg, supported by economic recovery and urbanization trends. Geopolitical factors and sustainability regulations might impact future expansion rates.
Top countries in Number of Enterprises of Real Estate Agencies by Country
| # | 10 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 64,780 | 2023 | +2.07% | +3.81% | View data |
| 2 | 2 Spain | 47,220 | 2023 | +0.93% | +2.75% | View data |
| 3 | 3 Italy | 35,390 | 2023 | +0.35% | +0.9% | View data |
| 4 | 4 Germany | 32,310 | 2023 | +4.47% | +0.61% | View data |
| 5 | 5 United Kingdom | 23,030 | 2023 | +1.57% | +1.63% | View data |
| 6 | 6 Portugal | 17,820 | 2023 | +4.31% | +5.69% | View data |
| 7 | 7 Poland | 16,550 | 2023 | +2.62% | +3.92% | View data |
| 8 | 8 Belgium | 15,290 | 2023 | +6.89% | +3.99% | View data |
| 9 | 9 Netherlands | 13,310 | 2023 | +3.66% | +5.03% | View data |
| 10 | 10 Slovakia | 7,600 | 2023 | +5.06% | +6.09% | View data |
