The real estate output in France has exhibited steady growth over recent years. From a base of 296.18 billion Euros in 2013 to 364.51 billion Euros in 2023, the market expanded at a compound annual growth rate (CAGR) of approximately 2.26% over the last five years. Year-on-year growth rates show consistent increases, peaking at 2.82% in 2019 before tapering slightly to 2.49% in 2023. The data highlights resilience, even with the minor impact in 2020.
Looking forward, the forecast anticipates a continuation of this positive trend, with the real estate output expected to reach 409.24 billion Euros by 2028. This projection corresponds to a forecasted CAGR of 1.84% over the next five years, indicating a sustained yet slightly moderated growth trajectory.
Key future trends to watch for:
- Potential regulatory changes affecting the real estate market.
- Impact of economic recovery post-pandemic on investment levels.
- Shifts towards sustainable and smart building technologies.
- Urbanization trends and their influence on metropolitan real estate value.
- Possible effects of inflation and interest rate fluctuations on market dynamics.
