The number of employees in the Real Estate Activities sector in France stood at 220.84 thousand in 2023. Historical data reveals fluctuating trends with peaks and troughs over the past decade. Notable increases occurred in 2016 and 2020, with respective growth rates of 9.26% and 7.63%. However, the sector faced significant declines in 2015, 2017, 2019, and 2021. Over the last two years, the sector witnessed a moderate decline, marked by a -0.38% year-on-year variation in 2023. The average annual variation for the last five years (CAGR) was -1.83%.
Future trends to watch for include:
- Potential stabilization in employee numbers as the forecasted 5-year CAGR stands at -0.3%.
- Monitor macroeconomic factors such as interest rate changes and housing market reforms, which may impact employment within the sector.
- Anticipate potential impacts of technological advancements and sustainable practices adoption on workforce requirements.