Employment in the Finnish real estate sector, measured in million hours, reached 44.6 in 2023. Over the last two years, employment increased by 0.45% each year, showing stability. The compound annual growth rate (CAGR) over the past five years was 0.73%, reflecting a moderate but steady increase. Historically, the sector has demonstrated resilience, with fluctuations around a generally upward trend. From 2013 to 2023, notable annual variations included a peak growth in 2015 at 5.7% and a minor decline in 2014 at 0.52%.
Looking forward, employment in the sector is expected to grow, with forecasts predicting it to reach 45.7 million hours by 2028. The 5-year CAGR from 2023 to 2028 is projected at 0.4%, indicating a modest but continued expansion. Future trends to watch for include the impact of digital transformation, the growing emphasis on sustainable real estate practices, and potential economic influences arising from shifts in global markets.
