In 2024, Germany remains the leader in European production of real estate with €28.95 million, followed by France at €22.13 million. Italy and Spain are key contributors with €16.17 million and €9.91 million respectively. Smaller markets like Luxembourg, Latvia, and Estonia have considerably lower shares. In the last year, the year-on-year growth has been led by Ireland at 4.83%, Estonia at 3.27%, and Lithuania at 2.99%, while Greece saw the smallest increase at 0.07%. Longer-term trends indicate Belgium and Austria have shown consistent growth above 2%, while major countries like Germany have a more modest increase around 1.71%.
Future trends in European real estate production will likely focus on sustainability and technology integration. The European Union's commitment to green building initiatives may shape market dynamics. Additionally, continued economic recovery post-pandemic could elevate growth rates in underperforming nations. Monitoring the impact of geopolitical developments and their influence on investment flows and interest rates will be crucial for forecasting market shifts.
Top countries in Production of Real Estate Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 28.95 | 2023 | +1.5% | +1.71% | View data |
| 2 | 2 France | 22.13 | 2023 | +1.58% | +1.84% | View data |
| 3 | 3 Italy | 16.17 | 2023 | +1.37% | +1.51% | View data |
| 4 | 4 Spain | 9.91 | 2023 | +1.79% | +1.8% | View data |
| 5 | 5 Netherlands | 6.37 | 2023 | +1.95% | +1.97% | View data |
| 6 | 6 Belgium | 3.57 | 2023 | +2.03% | +2.31% | View data |
| 7 | 7 Austria | 3.55 | 2023 | +2.29% | +2.41% | View data |
| 8 | 8 Finland | 2.43 | 2023 | +2.22% | +2.35% | View data |
| 9 | 9 Ireland | 1.95 | 2023 | +3.15% | +4.83% | View data |
| 10 | 10 Portugal | 1.77 | 2023 | +2.26% | +2.23% | View data |
