Forecast: Real Estate Output in Germany

The real estate output in Germany showed steady growth from 2013 to 2023, with each year exhibiting positive year-on-year increases, such as 3.24% in 2016 and peaking at 4.13% in 2021. As of 2023, the real estate output stood at 497.12 billion Euros, reflecting a robust market. The average annual growth rate (CAGR) over the last five years (2019-2023) was 2.84%, underlining consistent upward momentum.

Forecasting from 2024 to 2028 predicts continued growth, with the five-year CAGR expected to moderate slightly to 1.91%, resulting in a 9.9% total growth over this period, reaching 560.58 billion Euros by 2028. The market indicates resilience, but with a slight deceleration compared to previous years.

Future trends to watch for include the impact of rising interest rates, potential regulatory changes, and evolving demand patterns driven by demographic shifts and remote working trends. Monitoring these factors will be crucial for anticipating market adjustments and opportunities.