Forecast: Output of Real Estate in France

The output of Real Estate in France has shown consistent growth from 2013 to 2023. In 2023, the real estate output stood at 352.92 billion Euros, manifesting a steady upward trend over the past decade. From 2013 to 2023, there were fluctuations in year-on-year growth rates, peaking in 2019 at 2.82% and dropping significantly in 2020 due to external factors. The recent two years showed moderate growth, with 1.5% and 1.47% in 2022 and 2023 respectively. The compound annual growth rate (CAGR) over the last five years (2018-2023) averaged at 1.6%.

The forecasted data indicate continued growth, albeit at a slower pace, with a projected five-year CAGR of 1.08% and an overall growth rate of 5.5% by 2028.

Future trends to watch for:

• Impacts of economic policies and market regulations influencing real estate investments.
• Technological advancements in construction and real estate management.
• Shifts in consumer preferences toward sustainable and smart housing solutions.
• Effects of global economic conditions, including interest rates and inflation, on the real estate market.