Market Size of Europe Real Estate Brokerage Industry
| Study Period | 2020 - 2029 |
| Market Size (2024) | USD 218.60 Billion |
| Market Size (2029) | USD 254.65 Billion |
| CAGR (2024 - 2029) | 3.10 % |
| Fastest Growing Market | Europe |
| Largest Market | Europe |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Europe Real Estate Brokerage Market Analysis
The Europe Real Estate Brokerage Market size is estimated at USD 218.60 billion in 2024, and is expected to reach USD 254.65 billion by 2029, growing at a CAGR of 3.10% during the forecast period (2024-2029).
With international interest in European properties rising, the continent's real estate brokerage market is poised for growth. Brokers adept at navigating regulatory shifts and offering tailored services to global buyers are set to excel.
Notable legislative changes, such as alterations to residency rules in sought-after locales like France, are reshaping the market. For instance, the recent extension of stay durations for UK second-home owners in France has triggered a notable uptick in interest and inquiries from British purchasers.
European real estate is a sought-after investment, attracting local and foreign investors keen on stable returns and diversifying their portfolios. Industry data from Q1 2024 highlights this trend, with European real estate investments totaling EUR 37 billion (USD 40 billion). Benelux countries (Belgium, the Netherlands, and Luxembourg), in particular, emerged as the premier investment hub, witnessing an impressive 83% surge from the previous quarter.
As transactions escalate, brokerage firms are poised to see a corresponding uptick in revenues from fees and commissions. This heightened investment activity, especially in regions like Benelux, hints at a promising growth trajectory for brokerage earnings.
