The real estate output in Germany has demonstrated a relatively stable trend from 2013 to 2023, with slight fluctuations and a few noticeable dips and recoveries. Starting at 7.2 in 2013, the value saw minor declines in the ensuing years, reaching a low of 6.9 multiple times before a slight increase in 2020. By 2022, output had dipped to 6.4, but a rebound to 6.7 was seen in 2023. This indicates resilience despite significant year-on-year variations such as the 7.25% drop in 2022 and the 4.69% increase in 2023. The CAGR over the last five years has averaged a marginal decline of -0.59% yearly.

Future trends to watch for:

Sustained stabilization around 6.5-6.7 output units over the next five years.
A potential overall decline reflected by a forecasted 5-year CAGR of -0.6% and a collective growth shrinkage of -2.99% by 2028.
External economic and policy changes that could influence real estate market dynamics beyond current forecasts.