The Real Estate Gross Value Added in China has demonstrated consistent growth from 432.85 billion Euros in 2013 to 1096.1 billion Euros in 2023. The year-on-year variations reflect significant growth rates in the early years, peaking at 31.22% in 2015, and then gradually declining to 5.1% in 2023. The Compound Annual Growth Rate (CAGR) has notably decreased from 24.83% over the 2013-2015 period to 5.78% over the last 5 years. The forecasted data from 2024 onwards shows a continued growth, albeit at a more moderate pace with a forecasted 5-year CAGR of 2.91% leading to 1317.3 billion Euros by 2028.

Future trends to watch for in the Chinese real estate market include:

Potential policy changes impacting market regulations and investor confidence.
Urbanization rates and the demand for residential and commercial properties.
Technological advancements in construction and real estate management.
Global economic conditions that may affect foreign investments in Chinese real estate.