In 2023, the turnover of real estate agencies in Norway stood at 1.23 billion Euros. The forecasted data from 2024 to 2028 indicate a relatively stable market with little variation, showing a turnover of 1.24 billion Euros annually from 2024 to 2027 and a slight increase to 1.25 billion Euros in 2028.
Year-on-year percentage variation over the last two years, from 2026 to 2028, is negligible, demonstrating a stable market environment. The cumulative average growth rate (CAGR) over the next five years reflects minimal incremental growth.
Future trends to watch for:
- Potential impacts of economic policy changes on real estate investments.
- Digital transformation and its effect on real estate transactions.
- Shifts in consumer preferences towards sustainable and energy-efficient properties.