The United Kingdom dominates the European real estate employment landscape, accounting for the largest share of employees in 2023, reflecting a marginal annual growth of 1.16%. Spain showed the most significant year-on-year increase at 10.42%. Germany, France, and Italy maintained stability with modest growth rates. Portugal, Slovakia, and Serbia also showed robust growth. However, Romania and Latvia experienced a decline in employment numbers. Bulgaria and Slovenia saw slight decreases despite being small contributors.
Future trends to watch include potential growth opportunities in Eastern Europe, driven by market expansion and investment inflows. Economic shifts and policy changes could further impact employment distributions across these countries. The UK's market maturity may limit further significant growth.
Top countries in Number of Persons Employed of Real Estate Agencies Share by Country (Units (Employees))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 23.75 | 2023 | +0.93% | +1.16% | View data |
| 2 | 2 Spain | 14.14 | 2023 | +8.25% | +10.42% | View data |
| 3 | 3 Germany | 13.22 | 2023 | +6.02% | +1.9% | View data |
| 4 | 4 France | 12.93 | 2023 | +0.91% | +0.14% | View data |
| 5 | 5 Italy | 7.21 | 2023 | +0.28% | +0.32% | View data |
| 6 | 6 Portugal | 3.85 | 2023 | +5.03% | +6.42% | View data |
| 7 | 7 Netherlands | 3.65 | 2023 | +1.74% | +2.31% | View data |
| 8 | 8 Belgium | 3.38 | 2023 | +6.27% | +2.56% | View data |
| 9 | 9 Poland | 3.18 | 2023 | +0.6% | +1.38% | View data |
| 10 | 10 Denmark | 1.89 | 2023 | +2.2% | +2.05% | View data |