The production value for buying and selling real estate in the UK is forecasted to increase steadily from €2.39 billion in 2024 to €2.75 billion in 2028. Assuming the production value in 2023 was the same as in 2024, this marks a positive trend. The forecasted year-on-year percentage growth indicates a gradual increase, underpinning steady market confidence. Over the five-year period, the compound annual growth rate (CAGR) reflects consistent market expansion.
Future trends to watch for include:
- Potential regulatory changes impacting the real estate market.
- Economic factors such as interest rates and inflation that may affect buyer affordability.
- Technological advancements streamlining property transactions.
- Shifts in demographic trends influencing real estate demand.
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