Forecast: Real Estate Wages and Salaries in the UK

In 2023, Real Estate Wages and Salaries in the UK stood at 17.86 billion Euros. Examining the period from 2013 to 2023, the industry experienced fluctuations with a significant peak in 2015 and notable declines in subsequent years. Particularly, the annual growth rate was highest in 2015 at 19.79%, but saw negative trends in 2016 and 2017. From 2018 onward, growth stabilized with moderate increases year-on-year, achieving an average CAGR of 2.47% over the last five years leading to 2023.

Future trends to watch for:

• The forecasted CAGR from 2024 to 2028 is 1.46%, indicating slower but steady growth.
• Attention should be given to economic policies and market conditions that could impact wages and salaries in the real estate sector.