Based on the 2023 data, Germany leads the European real estate market with an output of €19.59 million, followed by the United Kingdom (€15.56 million), and France (€14.33 million). There was considerable variation in growth rates, with notable increases in the Czech Republic (8.32%), Hungary (9.01%), and Estonia (10.62%). Some countries experienced moderate growth, such as Poland (5.83%) and Ireland (6.34%), while Greece saw a slight decline (-0.24%). Smaller markets like Lithuania (10.33%) and Serbia (5.86%) also demonstrated strong growth rates.
Looking ahead, the European real estate market is expected to continue diversifying, with significant investments anticipated in emerging markets like Romania and Hungary. Sustainability and smart technology integrations are key themes driving future trends. Additionally, market volatility in larger economies like Germany and the United Kingdom will be critical to monitor as they influence broader European market dynamics.
Top countries in Real Estate Output Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 19.59 | 2023 | +2.45% | +2.84% | View data |
| 2 | 2 United Kingdom | 15.56 | 2023 | +1.19% | +1.56% | View data |
| 3 | 3 France | 14.33 | 2023 | +2.28% | +2.22% | View data |
| 4 | 4 Italy | 10.48 | 2023 | +1.98% | +1.9% | View data |
| 5 | 5 Spain | 6.67 | 2023 | +3.61% | +3.09% | View data |
| 6 | 6 Netherlands | 4.6 | 2023 | +4.94% | +4.61% | View data |
| 7 | 7 Sweden | 3.06 | 2023 | +1.71% | +3% | View data |
| 8 | 8 Switzerland | 2.9 | 2023 | +1.14% | +5.48% | View data |
| 9 | 9 Austria | 2.4 | 2023 | +3.41% | +3.52% | View data |
| 10 | 10 Belgium | 2.36 | 2023 | +2.68% | +3.06% | View data |
