The employment in the real estate sector in Sweden has shown a generally positive trend over the past decade. In 2013, the total employment stood at 131.37 million hours, and by 2023 it had increased to 157.58 million hours. The year-on-year variation indicates periods of both steady growth and occasional declines, with noteworthy increases such as 4.15% in 2018 and notable decreases such as -1.7% in 2020 due to the pandemic. The compounded annual growth rate (CAGR) over the last five years has shown a steady rise of approximately 1.38%.
Looking ahead, the forecasted data from 2024 to 2028 suggests a continued growth in employment, with an estimated CAGR of 1.24% and a total growth rate of 6.34% by 2028. This trend indicates stable growth, although at a slightly slower pace compared to previous years.
Future trends to watch for:
• The impact of technological advancements and digital transformation in the real estate sector.
• Potential regulatory changes and their influence on employment.
• Economic fluctuations and their impact on housing demand and real estate activities.
• Sustainable and green building practices affecting sector employment.