The turnover in the Real Estate Activities Sector in Denmark increased steadily from 2013 to 2023, reaching 175.8 billion Danish Krones. The year-on-year growth rate saw significant fluctuations, such as a high in 2017 with 16.23% and a lower rate of 1.32% in 2019. Over the last five years, the average Compound Annual Growth Rate (CAGR) was 4.09% from 2018 to 2023.
Future trends to watch for include:
- The forecasted CAGR from 2024 to 2028 is 2.83%, suggesting a steady but slower growth rate.
- A forecasted increase in turnover to 210.24 billion Danish Krones by 2028 indicates continued growth in the sector.
- Monitoring economic indicators, interest rate changes, and regulatory shifts that can impact the real estate market will be essential.