The real estate output in France has shown a consistent upward trend since 2013, starting at 296.18 billion euros and increasing to 363.77 billion euros in 2023. The year-on-year variation for 2023 was 2.28%, while the Compound Annual Growth Rate (CAGR) over the last five years was 2.22%. Future projections suggest output will continue to grow, reaching 403.26 billion euros by 2028. However, the forecasted 5-year CAGR is slightly lower at 1.64%, indicating a potential slight deceleration in growth. Overall, the accumulated growth across the next five years is predicted to be 8.45%.
Future trends to watch for:
- Impact of economic policies on real estate investments.
- Changes in demographic patterns influencing real estate demand.
- Technological advancements in property management and sales.
- Environmental regulations potentially affecting construction costs and practices.