The data for 2023 exhibits notable disparities in wages and salaries associated with the buying and selling of own real estate across Europe. Germany leads with the highest value, trailed by France and the United Kingdom. The year-on-year analysis reveals substantial growth in Denmark, Cyprus, and Bulgaria, portraying double-digit increases, while Macedonia stands out with a significant decline. Over a longer period, countries like Poland and Lithuania have experienced remarkable growth, whereas Italy and Slovenia have been trending downward.
Looking forward, factors such as economic recovery post-pandemic, inflation rates, fiscal policies, and regulatory changes in the real estate markets will play critical roles in shaping the landscape of wages and salaries in this sector across Europe. Monitoring these trends will be crucial for predicting future shifts and opportunities in regional markets.
Top countries in Wages and Salaries of Buying and Selling of Own Real Estate by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 829.8 | 2023 | +9.41% | +5.1% | View data |
| 2 | 2 France | 570.8 | 2023 | +10.28% | +11.52% | View data |
| 3 | 3 United Kingdom | 251.1 | 2023 | +3.85% | +4.08% | View data |
| 4 | 4 Portugal | 240.7 | 2023 | -0.66% | +2.63% | View data |
| 5 | 5 Poland | 222.4 | 2023 | +8.28% | +14.93% | View data |
| 6 | 6 Switzerland | 213.7 | 2023 | +0.8% | +1.98% | View data |
| 7 | 7 Denmark | 170.1 | 2023 | +6.71% | +15.38% | View data |
| 8 | 8 Italy | 162.1 | 2023 | -3.28% | -1.65% | View data |
| 9 | 9 Norway | 111 | 2023 | +0.09% | -0.16% | View data |
| 10 | 10 Hungary | 107.4 | 2023 | +1.61% | +1.64% | View data |
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