The European real estate agency turnover in 2023 shows the United Kingdom leading at €17.83 billion, followed by Germany and France. Key growth is observed in Spain with a 14.45% rise, highlighting a vibrant market. Belgium and Italy remain stable, while others like Poland and Portugal experience declines. Romania and emerging markets like Serbia and Bulgaria display promising growth, reflecting regional dynamism.
Future trends to watch include digital transformation in real estate services, shifting consumer preferences towards sustainability, and economic policies affecting property markets. Emerging economies in Eastern Europe present new opportunities, fueled by infrastructural and economic developments.
Top countries in Turnover of Real Estate Agencies by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 17,830 | 2023 | +2.23% | +2.21% | View data |
| 2 | 2 Germany | 13,030 | 2023 | +4.46% | +4.11% | View data |
| 3 | 3 France | 12,350 | 2023 | +1.46% | +2.02% | View data |
| 4 | 4 Spain | 7,770 | 2023 | +9.52% | +14.45% | View data |
| 5 | 5 Belgium | 3,640 | 2023 | +9.04% | +0.8% | View data |
| 6 | 6 Italy | 3,050 | 2023 | -0.31% | -0.0072% | View data |
| 7 | 7 Austria | 2,010 | 2023 | +3.76% | +3.84% | View data |
| 8 | 8 Sweden | 1,730 | 2023 | +1.81% | +3.38% | View data |
| 9 | 9 Denmark | 1,660 | 2023 | +3.46% | +4.47% | View data |
| 10 | 10 Norway | 1,230 | 2023 | +0.42% | +0.96% | View data |
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