The wages and salaries in the Spanish real estate sector have generally shown an upward trend from 2013 to 2023. The value increased from 2.69 billion Euros in 2013 to 3.76 billion Euros in 2023. The highest year-on-year growth was seen in 2017 at 12.16%. However, there were notable dips, such as in 2018 and 2020, with year-on-year changes of -0.2% and -5.77% respectively. The CAGR over the past five years ending in 2023 stands at 1.06%.

Future trends to watch for:

Continuous, albeit modest, growth with predicted values reaching 3.93 billion Euros by 2028.
Potential economic fluctuations impacting year-on-year variations and overall growth rate.
Impact of inflation rates and economic policies on wages.