Forecast: Production Volumes of Real Estate in Finland

The production volumes of real estate in Finland have experienced consistent growth from 2013 to 2023, reaching 35.59 billion Euros by 2023. This value represents a significant rise and reveals a steady market, especially highlighted by the year-on-year variation of 6.55% in 2022 and 1.19% in 2023. The compound annual growth rate (CAGR) over the last five years up to 2023 stands at 1.17%, demonstrating a trend of gradual, though not explosive, growth in the sector.

Expectations for the future suggest further growth, albeit at a slower pace, with forecast data showing a 0.95% CAGR over the next five years and a total growth rate of 4.84% until 2028. This slower growth rate indicates a stabilizing market where increases in production volumes are steady but moderate.

Future trends to watch for:

• Sustainable development and green building practices gaining momentum
• Technological innovations and their influence on construction efficiency
• Urbanization and demographic shifts driving demand in specific areas
• Policy changes and their impact on real estate investment and development