The number of employees in the real estate sector in Germany has been steadily increasing from 2013 to 2023, reaching 440,000 persons in 2023. The year-on-year variation has shown a consistent upward trend, with minor fluctuations. The Compound Annual Growth Rate (CAGR) over the last five years was 0.84%.
In 2024, the forecast suggests continued growth, albeit at a slower pace, with a forecasted 5-year CAGR of 0.49%. By 2028, the employee count is expected to reach 454,000, a growth rate of 2.48% from 2024 to 2028.
Future trends to watch for:
- Potential impact of technological advancements and automation on employment.
- Shifts in real estate demand due to demographic changes.
- Effects of economic policies and global economic conditions on the sector.
