The production value of real estate in Germany has experienced significant shifts over the years. From 2013 to 2023, fluctuations are apparent with significant growth in 2014 (15.99%) and 2016 (14.84%), and notable declines in 2015 (-14.1%) and 2020 (-7.71%). By 2023, the value stands at 108.14 billion Euros, marking a modest 0.63% increase on the previous year. Over the last five years, the CAGR rests at -0.2%, indicating a slight overall decline.
The forecast predicts stability with a gradual upward trend, leading to a 2.39% growth rate from 2024 to 2028 and an average annual increase of 0.47%. Future trends to watch include:
- Influence of policy changes on real estate investment.
- Impact of technological advancements on property valuation.
- Potential effects of economic shifts and global disruptions.