Analysis of wages and salaries in the real estate sector in Austria shows a consistent upward trend. Between 2013 and 2023, the value increased from 1.47 Billion Euros to 1.92 Billion Euros, reflecting steady growth. The year-on-year variation mostly stayed positive, with a few minor dips and maintaining close alignment with the CAGR trends. Over the last two years, the average annual growth was slightly above 2%, whereas the last five years show a 2.04% CAGR. Future years from 2024 to 2028 are forecasted to display a decelerating yet continued growth trend with a 1.41% CAGR and a 7.26% forecasted growth rate.
Future trends to watch for include potential influences from macroeconomic factors such as inflation, interest rates, and policy changes. Monitoring these indicators along with technological advancements in real estate could provide further insights into shifts in wages and salary growth trajectories in this sector.
