From 2013 to 2023, the number of employees in the Real Estate sector in Sweden has shown a general upward trend. In 2023, this standing was at 86 thousand employees. The year-on-year variations have fluctuated, with notable peaks such as a 6.76% increase in 2017 and periods of slower growth, e.g., 0% in 2018. The Compound Annual Growth Rate (CAGR) has generally been moderate, averaging around 1.71% in recent years.
Looking ahead to the forecast period from 2024 to 2028, the sector is expected to grow at a more modest pace, with a forecasted 5-year CAGR of 0.9%. By 2028, the number of employees is projected to reach 91 thousand, reflecting a 4.6% growth over five years.
Future trends to watch for:
- Technological advancements in real estate, such as automation and AI, could influence workforce needs and skill requirements.
- Economic factors, including interest rate changes and housing market dynamics, will greatly impact employment trends.
- Sustainability initiatives and green building practices may create new roles and demand for specialized skills within the sector.