In 2023, the European real estate agency sector witnessed significant heterogeneity in wage and salary distributions across countries. The United Kingdom led with €28.36 million, followed by France and Germany. Notably, Spain experienced a rapid 16.74% increase, signaling a dynamic market. Germany and Luxembourg also showed healthy growth, whereas Romania faced a decline of 6.78%. Meanwhile, smaller markets like Serbia and Bosnia and Herzegovina saw robust growth rates.
Looking ahead, future trends to watch include potential post-pandemic market corrections, economic stability across regions, and the impact of digital transformation in real estate services, which could recalibrate workforce requirements and wage structures.
Top countries in Wages and Salaries of Real Estate Agencies Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 28.36 | 2023 | +0.24% | +0.84% | View data |
| 2 | 2 France | 21.24 | 2023 | +1.77% | +1.62% | View data |
| 3 | 3 Germany | 16.36 | 2023 | +8.8% | +4.71% | View data |
| 4 | 4 Spain | 11.59 | 2023 | +11.83% | +16.74% | View data |
| 5 | 5 Denmark | 3.88 | 2023 | +3.15% | +3.24% | View data |
| 6 | 6 Norway | 3.45 | 2023 | +0.71% | +1.21% | View data |
| 7 | 7 Sweden | 2.95 | 2023 | +0.69% | +1.63% | View data |
| 8 | 8 Italy | 2.15 | 2023 | +3.63% | +1.78% | View data |
| 9 | 9 Austria | 1.95 | 2023 | +3.94% | +3.35% | View data |
| 10 | 10 Belgium | 1.72 | 2023 | +6.83% | +2.17% | View data |
