The value added of real estate in Finland has shown a general upward trend from 2013 to 2023, with a notable year-on-year variation. From 2013 to 2019, the compound annual growth rates (CAGR) were positive, but the pandemic in 2020 led to a decline (-2.55%). Recovery began in 2021 and surged in 2022 with a 7.75% increase. In 2023, the value stood at 29.04 billion Euros, reflecting a modest increase of 2.26% from the previous year. Over the last five years, the CAGR was 2.37%, projecting moderate but steady growth through 2028 at a forecasted CAGR of 1.74%.
Future trends to watch for include:
- Potential market adjustments due to economic fluctuations or global events
- Technological advancements in real estate operations
- Shifting demographics and urbanization patterns
- Government policies impacting the housing market and property investments
