Between 2013 and 2023, the production of real estate in Finland showed a positive trend, starting from 28.8 billion Euros in 2013 and reaching 39.26 billion Euros in 2023. The growth varied year-on-year, with the highest increase of 7.71% in 2022 and a slight dip of -2.59% in 2020 due to external factors likely related to the global pandemic. The overall CAGR over the last five years up to 2023 stood at 2.35%, with a noticeable fluctuation in year-on-year changes.
The forecast for 2024 to 2028 indicates a steady increase in production, with values expected to climb from 40.07 billion Euros in 2024 to 43.62 billion Euros by 2028. The average CAGR for this forecasted period is projected to be 1.71%, with an overall growth rate of 8.85% across these years.
Future trends to watch for include potential impacts of economic policies, changes in housing demand, and technological advancements in construction methods. Keeping an eye on external global economic conditions and their influence on the Finnish real estate market will also be crucial.
