Analyzing the data, we see a steady increase in the number of employees in the real estate sector in Denmark from 2013 to 2023, with a compound annual growth rate (CAGR) between 0.49% to 1.56%. The year-on-year growth rate has shown variation, fluctuating from 0.5% to 2.41% during this period, reflecting a generally consistent but moderate expansion in employment. Notably, in 2023, the sector stood at 41.83 thousand units, with a year-on-year growth rate of 0.98% and a five-year historical CAGR of 1.01%.
The forecast from 2024 to 2028 suggests a continued, albeit slower, growth trend with a forecasted five-year CAGR of 0.71%, reaching 43.74 thousand units by 2028. The forecasted increase indicates a growth rate of 3.58% over these five years.
Future trends to watch for include the impact of technological advancements, sustainable building practices, and regulatory changes on employment levels in the real estate sector. Additionally, economic factors, such as interest rates and housing demand, will play a critical role in shaping the sector's employment landscape.