Between 2013 and 2023, wages and salaries in the real estate sector in France increased from €11.75 billion to €13.75 billion. The year-on-year variations fluctuated, with significant growth observed between 2016 and 2017 (5.3%) and relatively slower growth in the subsequent years. Over the past two years (2022-2023), the annual growth rate slowed to approximately 1.45%. The Compound Annual Growth Rate (CAGR) over the last five years up to 2023 was around 1.62%.
Looking ahead, the forecast indicates a steady growth trend, with wages and salaries projected to reach €14.67 billion by 2028. This represents a five-year projected CAGR of about 1.03%, underlining a moderate but consistent upward trajectory over the forecast period.
Future trends to watch for include the impact of economic policies, technological advancements in real estate, and labor market dynamics, which may influence wage growth and employment rates within the sector. Additionally, demographic shifts and housing market trends will be key factors affecting the real estate labor market in the coming years.
