The value-added of real estate in Belgium has shown consistent growth over the years, reaching 42.8 billion Euros in 2023. Past data reveals varying year-on-year increase rates, peaking at 8.55% in 2015 but stabilizing to an average of 2.67% CAGR over the last five years. Projections indicate continued growth, with a forecasted value of 47.74 billion Euros by 2028. However, the 5-year forecasted CAGR is anticipated to slow to 1.73%, suggesting a somewhat moderated expansion trajectory.
Future trends to watch for:
- Potential economic influences like interest rates and inflation
- Changes in urban development and housing demand
- Impact of environmental and regulatory policies on real estate
- Technological innovations affecting real estate valuation and transactions
