Forecast: Number of Persons Employed in Real Estate Activities Sector in France

From 2013 to 2023, the number of persons employed in the real estate activities sector in France has shown considerable fluctuations, with employment peaking in 2016 and experiencing various degrees of decline subsequently. In 2023, employment stood at 299.19 thousand employees.

The sector witnessed both periods of gains and losses year-on-year, such as a notable decline of 5.37% in 2015, followed by a significant increase of 15.6% in 2016, and relatively smaller fluctuations in recent years.

From 2019 to 2023, employment has predominantly displayed a downward trend, with minor recoveries such as the 6.88% increase in 2020. However, the overall Compound Annual Growth Rate (CAGR) from 2018 to 2023 indicates a slight negative average yearly variation of -0.33%.

Looking forward, the forecast for the period from 2024 to 2028 suggests a continued decline in employment, with the projection for 2028 standing at 285.75 thousand employees. The forecasted CAGR for this period is -0.73%, representing a gradual but steady reduction in employment numbers.

Future trends to watch for include potential impacts of economic policies, technological advancements in real estate, and broader economic conditions that could either mitigate or exacerbate the forecasted declines in employment in this sector.