The European real estate market in 2024 highlights Germany as the leader with 20.6 million euros, followed by France and the United Kingdom with 14.22 and 12.64 million euros respectively. Sweden, the Netherlands, and Italy represent the mid-tier markets. Portugal, the Czech Republic, and Hungary place towards the lower end of the scale. Noteworthy variations in 2023 include a significant decline in Italy, while smaller markets like Greece, Malta, and Serbia showed impressive growth.
Looking ahead, expect continued growth in emerging markets driven by urbanization trends. Watch for the sustainability push and digital transformation's impact on real estate demand and valuation patterns in Europe.
Top countries in Turnover of Real Estate Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 20.6 | 2023 | +0.77% | +0.46% | View data |
| 2 | 2 France | 14.22 | 2023 | +1.14% | +0.72% | View data |
| 3 | 3 United Kingdom | 12.64 | 2023 | +1.63% | +1.37% | View data |
| 4 | 4 Sweden | 6.11 | 2023 | +3.45% | +3.54% | View data |
| 5 | 5 Netherlands | 5.39 | 2023 | +1.94% | +2.15% | View data |
| 6 | 6 Italy | 5.16 | 2023 | -2.97% | -2.88% | View data |
| 7 | 7 Spain | 5.07 | 2023 | +2.06% | +1.55% | View data |
| 8 | 8 Poland | 3.94 | 2023 | +2.64% | +3.41% | View data |
| 9 | 9 Denmark | 3.79 | 2023 | +4.19% | +4.04% | View data |
| 10 | 10 Austria | 3.44 | 2023 | +2.89% | +3.14% | View data |
