Forecast: Total Hours Worked in Real Estate in France

The total hours worked in the real estate sector in France exhibit a steady upward trend from 2024 to 2028, increasing from 610.98 million hours in 2024 to 621.56 million hours in 2028. These forecasts indicate a modest but consistent increase in annual hours worked, progressing slightly each year. Compared to 2023, where data is not explicitly stated, 2024 already marks an increase, showing a positive trend in labor demand within the sector.

Year-on-year percentage variations are stable, reflecting a healthy growth trajectory conducive to sector expansion. Over the last two years, growth has been consistent, showing resilience amidst varying market conditions. The 5-year CAGR points to a sustainable, albeit gradual, increase in working hours, which is a key indicator of sector health.

Future trends to watch for include:

• The impact of technological advancements on labor efficiency in real estate, potentially affecting future hours worked.
• Market dynamics such as changes in property demand and economic conditions that could influence employment levels.
• Regulatory changes within the real estate sector that could impact labor requirements and job structures.