Analysis of the turnover of the real estate market in Germany reveals some interesting trends over the past decade. In 2023, the turnover stood at 127.86 billion Euros. The actual data from 2013 to 2023 shows fluctuations with growth peaking at 18.94% in 2016 and dipping to -11.83% in 2015. More recently, the year-on-year variations for 2022 and 2023 were 0.79% and 0.77%, respectively. The compound annual growth rate (CAGR) over the last five years has averaged at 0.46%.
Looking forward, the forecasted data from 2024 to 2028 suggests a steady but modest growth trajectory with a forecasted five-year CAGR of 0.58%. Between 2024 and 2028, the cumulative growth rate is expected to be 2.94%.
Future trends to watch for include:
- The impact of economic policies on the real estate market.
- Shifts in demand due to demographic changes.
- Sustainability practices influencing property values.
- The role of technological advancements in real estate transactions.
