The production of real estate in France has shown a generally upward trend from 2013 to 2023, increasing from €296.18 billion to €357.07 billion. The year-on-year variations indicate a stable growth trend with some fluctuations, notably a decline in 2020 due to external factors, before rebounding strongly in 2022 with a 6.99% increase. The Compound Annual Growth Rate (CAGR) over the last 5 years leading to 2023 stands at approximately 1.84%.
Future trends to watch for include:
- Continued stable growth forecasted at a 5-year CAGR of 1.25% through 2028.
- Potential impacts from economic policies, technological advancements, and market demand on real estate production.
- Influence of external economic conditions and unpredictable global events on the real estate market.