From 2013 to 2023, the turnover of real estate in France fluctuated significantly. The overall trend indicates modest growth with specific years showing variability. For instance, turnover reported a notable increase in 2016 (8.8%) and 2021 (9.85%), contrasting with declines in 2014 (-6.35%) and 2017 (-10.17%). The turnover stood at 88.28 billion Euros in 2023, with a year-on-year growth of 1.14% and a five-year CAGR of 0.72%.
Future projections (2024-2028) predict continuous but moderate growth. The forecasted turnover is set to reach 93.11 billion Euros in 2028 with a five-year forecast CAGR of 0.85%.
Future trends to watch for:
- Potential policy changes affecting the real estate market.
- Macroeconomic factors impacting overall economic conditions in France.
- Technological advancements influencing real estate transaction processes.
