Between 2013 and 2023, the number of employees in the real estate sector in Belgium grew from 20.2 to 24.1 thousand, marking a notable increase. The year-on-year growth rate varied, particularly with significant growth in 2015 (3.45%), 2016 (3.81%), and 2019 (3.91%). However, the sector saw a stagnant period in 2020 and a slight decline in 2021 (-1.67%). The compound annual growth rate (CAGR) for the last five years was 0.94%, reflecting moderate growth. For the future, a forecasted CAGR of 0.81% and an overall growth rate of 4.1% until 2028 suggests continued, albeit decelerated, expansion.

Future trends to watch for:

Impact of technological advancements such as PropTech on employment dynamics.
Influence of economic policies and market conditions on the real estate job market.
Potential effects of global economic fluctuations and regional development projects.
Trends in remote working and their impact on commercial real estate demand.