Forecast: Employees in Real Estate Sector in France

The number of employees in the Real Estate sector in France has demonstrated a mixed trend over the past decade. After a decline from 2013 to 2015, the sector saw fluctuating growth, with significant increases from 2017 onwards. As of 2023, the workforce stands at 363,000 units. The year-on-year growth rate recently has turned positive, with notable increases in 2020 through to 2023, translating to a compound annual growth rate (CAGR) of 1.5% over the last five years. Projecting forward, the employee count is expected to grow steadily, with a forecast 5-year CAGR of 0.65% through 2028.

Future trends to watch for:

  • Impact of digital transformations and technological advancements on workforce requirements.
  • Potential shifts in market demand driven by economic conditions and housing policies.
  • Ongoing adaptations to remote working trends and their influence on commercial real estate employment.
  • Environmental and sustainability initiatives affecting the sector.

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