In 2023, Germany led the European real estate market with a turnover of €24.58 million, followed by France with €16.14 million. Notably, Greece showed significant growth, recording a 33.16% increase. Smaller markets, such as Macedonia, exhibited the highest percentage growth at 73.51%. Germany and Poland also experienced growth above 7%, whereas Italy faced a notable decline, decreasing by 9.48%. Switzerland saw a strong performance with a 12.66% growth.
Future trends to watch include the continued strengthening of the German real estate market, potential rebounds in France and Italy, and growth opportunities in emerging markets like Greece and Macedonia. Sustainability practices and technological integration in real estate transactions will also shape future market dynamics.
Top countries in Turnover of Buying and Selling of Own Real Estate Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 24.58 | 2023 | +8.45% | +7.12% | View data |
| 2 | 2 France | 16.14 | 2023 | +1.8% | -0.7% | View data |
| 3 | 3 Portugal | 10.59 | 2023 | +4.63% | +5.77% | View data |
| 4 | 4 Poland | 8.25 | 2023 | +5.96% | +7.86% | View data |
| 5 | 5 Italy | 6.93 | 2023 | -14.61% | -9.48% | View data |
| 6 | 6 Belgium | 5.98 | 2023 | +14.45% | +11.2% | View data |
| 7 | 7 Hungary | 5.45 | 2023 | +7.51% | +9.04% | View data |
| 8 | 8 Spain | 4.09 | 2023 | +11.23% | -2.86% | View data |
| 9 | 9 Greece | 3.1 | 2023 | +33.99% | +33.16% | View data |
| 10 | 10 Denmark | 2.75 | 2023 | +4.94% | +8.95% | View data |
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