Forecast: Real Estate Gross Value Added in Belgium

The Real Estate Gross Value Added (GVA) in Belgium is forecasted to grow from 44.05 billion Euros in 2024 to 48.14 billion Euros in 2028. In 2023, the GVA stood at 43.01 billion Euros. The year-on-year growth rates vary between 2.36% and 2.14% from 2024 to 2028. The compound annual growth rate (CAGR) over the five-year period from 2023 to 2028 is approximately 2.26%, indicating a steady upward trend in the real estate sector.

Future trends to watch for:

  • Technological advancements in real estate services and automation
  • Economic conditions and interest rates fluctuations
  • Regulatory changes affecting property development and investments
  • Consumer preferences shifting towards sustainable and energy-efficient properties

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