The turnover of the real estate sector in Finland has shown a robust upward trend since 2013, with an actual value reaching 13.66 Billion Euros in 2023. From 2013 to 2023, the overall trajectory points to significant growth with occasional year-on-year variation, particularly notable during 2016 and 2018 with increases of 12.47% and 23.06% respectively. Minor declines were observed in 2020 due to external factors impacting the market. The last two years showed stable growth with year-on-year increases of 3.05% in 2022 and 2.92% in 2023. The compound annual growth rate (CAGR) for the past five years was 1.91%, reflecting a steady growth phase. Looking forward, forecasts indicate a continuation of this positive trend with the sector expected to reach 15.52 Billion Euros by 2028, driven by a forecasted 5-year CAGR of 2.02%.
Future trends to watch for include:
- Technology Integration: Increased use of technology in property management and transactions.
- Sustainable Real Estate: Growing emphasis on green buildings and sustainability criteria.
- Economic Factors: Impact of economic policies and interest rate changes on market dynamics.
