Forecast: Employment in Real Estate in Italy

Employment in the real estate sector in Italy stood at 64.6 thousand full-time equivalent units (FTE) in 2023. The historical data indicates a consistent increase in employment from 2016 onwards, with minor fluctuations. The year-on-year variation for 2023 is 0.94%, while the compound annual growth rate (CAGR) over the last five years is 0.73%.

From 2024 to 2028, the employment figures are forecasted to continue growing, reaching 67.4 thousand FTE by 2028. This represents a 3.37% growth rate over the five-year period, with a projected five-year CAGR of 0.67%.

Future trends to watch for:

• The impact of technological advancements such as PropTech on employment figures.
• Economic policies and real estate regulations introduced to stimulate the market.
• Potential shifts due to sustainability trends and green building initiatives.