The European real estate wage and salary market in 2024 shows Germany leading with significant dominance at €23.3 million, followed by the United Kingdom and France. Notable year-on-year increases are seen in Germany, Ireland, Lithuania, Serbia, and Cyprus, reflecting robust growth in these markets. While Italy and Norway exhibited minor declines, overall, the sector portrays positive momentum.
Key trends to monitor include:
- Deutschland's consistent growth.
- Emerging gains in Eastern European countries like Lithuania and Serbia.
- Stability in traditionally strong markets such as the UK and France.
Future outlooks anticipate increased digitalization and innovation in real estate, influencing wage and salary trends across Europe. Economic recovery and policy shifts post-pandemic will also play pivotal roles in shaping the sector's financial landscape.
Top countries in Wages and Salaries of Real Estate Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 23.3 | 2023 | +10.12% | +6.84% | View data |
| 2 | 2 United Kingdom | 20.15 | 2023 | +1.48% | +1.75% | View data |
| 3 | 3 France | 14.25 | 2023 | +1.58% | +0.27% | View data |
| 4 | 4 Spain | 5.39 | 2023 | +1.06% | +1.06% | View data |
| 5 | 5 Netherlands | 4.71 | 2023 | +1.43% | +2.16% | View data |
| 6 | 6 Switzerland | 4.48 | 2023 | +4.15% | +5.47% | View data |
| 7 | 7 Sweden | 4.24 | 2023 | +2.7% | +2.55% | View data |
| 8 | 8 Denmark | 4.07 | 2023 | +4.1% | +3.44% | View data |
| 9 | 9 Poland | 2.72 | 2023 | +2.58% | +3.99% | View data |
| 10 | 10 Austria | 2.24 | 2023 | +2.3% | +3.2% | View data |
