Forecast: Employment in Real Estate in France

The employment in real estate in France stood at 324 thousand full-time equivalent units in 2023. Historical data from 2013 to 2023 shows fluctuations with an overall trend towards recovery post-2015. Notably, the sector experienced a decline until 2015 but saw positive growth from 2016 onwards. Year-on-year variations highlight significant changes: the highest being a 2.96% increase in 2017 and several years of modest growth around 0.31% recently. The Compound Annual Growth Rate (CAGR) over the last five years up to 2023 is 0.44%.

Future trends indicate a steady growth forecast with employment expected to reach 330 thousand by 2028, reflecting a 0.31% CAGR over the next five years. Key factors to monitor include the impact of economic conditions, government policies on housing, and technological advancements in real estate services.

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