Forecast: Number of Employees in Real Estate in Italy

Between 2013 and 2023, the number of employees in the real estate sector in Italy exhibited a generally upward trend. In 2013, the value stood at 66.5 thousand units, decreasing slightly in 2014 before a significant upward shift, resulting in 84.7 thousand units by 2023. Over the last two years, the year-on-year growth rates were 1.46% for 2022 and 1.44% for 2023, indicating steady growth. The last five years showed a Compound Annual Growth Rate (CAGR) of 1.33%. Future forecasts expect continued growth with a 5-year forecast CAGR of 0.98%, culminating in 90.2 thousand units by 2028.

Future trends to watch for include digitalization in real estate operations, demographic shifts influencing housing demands, and economic factors such as interest rates and fiscal policies that can impact the hiring within the sector. Additionally, sustainability trends and urbanization are likely to shape the real estate employment landscape in the coming years.

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