The turnover of real estate agencies in Germany has shown a consistent upward trajectory over the past decade, growing from €6.22 billion in 2013 to €13.03 billion in 2023. This represents a compound annual growth rate (CAGR) of 4.11% over the last five years. Notable year-on-year variations include a significant spike in 2014 at 30.01% and a decline in 2020 by 4.72% due to market disruptions.
From 2024 to 2028, the projected CAGR is slightly lower at 2.98%, reflecting a steadier growth pattern. By 2028, the turnover is expected to reach €15.73 billion, indicating a forecasted growth rate of 15.82% over this period.
Future trends to watch for include:
- Impact of digitalization on real estate transactions
- Shifts in property demand due to demographic changes
- Regulatory reforms affecting property markets
- Economic fluctuations and their influence on real estate investments
