The number of persons employed in the Real Estate Activities sector in Germany stood at 581.47 thousand in 2023. Over the past two years, employment figures have shown stable growth, with a year-on-year variation of 5.62% in 2022 and 4.1% in 2023. The compound annual growth rate (CAGR) over the last five years indicates a modest average growth of 1.09% per year.

Looking forward, forecasts indicate continued growth in employment within the sector, with projections suggesting a CAGR of 1.07% over the next five years, reaching approximately 621.92 thousand employees by 2028. This translates into a forecasted total growth rate of 5.46% over the same period.

Future Trends to Watch For:

Impact of technological advancements and automation on employment numbers.
Influence of economic policies and real estate legislation on sector employment.
Potential effects of a changing economic climate, both domestically and globally, on job growth.
Shifts in residential vs. commercial real estate demands.