The European Real Estate Output in 2024 reveals Iceland leading with 8.7%, followed by Sweden at 7.8% and Finland at 7.4%. However, there is notable year-on-year variation indicating fluctuating trends. Iceland and Montenegro grew by 1.69% and 3.33% respectively, whereas Greece and Cyprus suffered significant declines of 5.52% and 4.2%. Over the past five years, the Compound Annual Growth Rate (CAGR) highlights steady gains in countries like Slovakia and declines in others like France and Italy.
Future trends to watch for include potential growth in the Baltic states and renewed interest in Nordic countries. Southern European nations may face challenges due to macroeconomic factors and lower investor confidence. The ongoing digital and green transitions in Europe could also drive changes in the real estate landscape.
Top countries in Real Estate Output by Country
| # | 10 Countries | Percent of Total | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Iceland | 8.7 | 2023 | 0% | +1.69% | View data |
| 2 | 2 Sweden | 7.8 | 2023 | 0% | +0.26% | View data |
| 3 | 3 Finland | 7.4 | 2023 | 0% | -1.55% | View data |
| 4 | 4 Denmark | 7.4 | 2023 | 0% | -0.27% | View data |
| 5 | 5 France | 7.1 | 2023 | 0% | -1.86% | View data |
| 6 | 6 Greece | 7 | 2023 | -6.67% | -5.52% | View data |
| 7 | 7 Latvia | 7 | 2023 | +2.94% | -2.14% | View data |
| 8 | 8 Czech Republic | 6.8 | 2023 | 0% | +0.6% | View data |
| 9 | 9 Germany | 6.7 | 2023 | +4.69% | -0.59% | View data |
| 10 | 10 Estonia | 6.7 | 2023 | 0% | +0.92% | View data |
