The real estate output in Finland saw a steady increase from 28.8 billion euros in 2013 to 40.19 billion euros in 2023. Over the last two years, the year-on-year variation was relatively modest, with a 3.3% increase in 2022 and a 2.58% increase in 2023. The compound annual growth rate (CAGR) over the past five years was 2.82%. Looking ahead, from 2024 to 2028, the forecasted CAGR is 1.92%, indicating a slight deceleration in growth, but still an overall increase of 9.96% over the forecast period.
Future trends to watch for include:
- Impact of potential economic fluctuations on real estate demand.
- Changes in government policies affecting the real estate sector.
- Adoption of sustainable and green building practices.
- Technological advancements reshaping property management and transactions.