France payroll employment: real estate activities (LZ)
France payroll employment: real estate activities (LZ) stood at 251.5 thousand persons in Q2 2026, according to INSEE – Institut national de la statistique et des études économiques (BDM). It is one of the indicators in the Payroll employment table (Value · Quarterly), with a complete series running from Q4 1970 to Q2 2026. The complete series with an interactive chart, free to download.
This indicator in the Payroll employment table
| Indicator | Q2-2026 | Q1-2026 | Q4-2025 | Q3-2025 | Q2-2025 | Q1-2025 | Q4-2024 | Q3-2024 | Q2-2024 | Q1-2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Payroll employment | |||||||||||
| Real estate activities - A38: LZ | 251.5 | 252.3 | 253 | 253.4 | 255.4 | 255.4 | 255.7 | 256.5 | 259.1 | 261.3 | |
| Legal, accounting, management consultancy, architectural, engineering, technical testing and analysis activities - A38: MA | 1,282.2 | 1,281.2 | 1,280.3 | 1,281 | 1,284.9 | 1,282.3 | 1,280.6 | 1,277.9 | 1,276.4 | 1,274.5 |
Understanding france payroll employment: real estate activities (LZ)
Professionals managing property portfolios, operating real estate agencies, leasing residential and commercial spaces, and overseeing facility administration are tallied here. The measure covers salaried property managers, leasing agents, and administrative personnel on the payroll of real estate enterprises. Excluded from the count are individual property owners managing their own rental units without formal corporate staffing.
Reading this real estate employment series requires consideration of property market cycles, where transaction volumes and leasing activity influence administrative workloads. Early estimates are subject to revision as regional real estate agencies submit delayed administrative declarations. Analysts comparing this staffing metric with property price indices should note that employment trends in real estate reflect brokerage and management activity rather than capital valuation changes.
Frequently asked questions
- Are independent landlords managing their own rental properties counted here?
- Private individuals managing their own apartments without employees are omitted, as the data tracks registered payroll jobs.
- How do property market transactions affect real estate employment?
- Surges in home sales and commercial leasing can prompt temporary staffing expansions in agency administration and property management.
- Does facility management fall under this real estate grouping?
- Building maintenance and property administration services tied directly to real estate operations are included in this category.