Germany real estate activities job vacancy rate
Germany real estate activities job vacancy rate stood at 1.5% in Q2 2026, according to Institute for Employment Research (IAB), Eurostat and KfW Research / ifo Institute. It is one of the indicators in the Job vacancies and skilled labour shortage table (Value · Quarterly), with a complete series running from Q4 2010 to Q2 2026. The complete series with an interactive chart, free to download.
This indicator in the Job vacancies and skilled labour shortage table
| Indicator | Q2-2026 | Q1-2026 | Q4-2025 | Q3-2025 | Q2-2025 | Q1-2025 | Q4-2024 | Q3-2024 | Q2-2024 | Q1-2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Job vacancy rate by industry, NACE Rev. 2.1 (Eurostat) | |||||||||||
| Real estate activities | 1.5 | 2.4 | 1.8 | 1 | 1.3 | 1.7 | 1.4 | 1.9 | 2 | 2.2 | |
| Professional, scientific and technical activities | 2.2 | 2.4 | 2.8 | 2.4 | 3.6 | 4.1 | 3.8 | 2.9 | 3.1 | 3.6 |
Understanding germany real estate activities job vacancy rate
Commercial property managers, housing associations, and estate agencies provide the reporting base for this measure of unfilled real estate employment posts. The metric calculates active job vacancies as a proportion of total labour demand, defined as filled employee positions plus vacant roles within the real estate activities section of NACE Rev. 2.1. It covers enterprises engaged in buying, selling, renting, managing, and appraising real property on a fee or contract basis. Private individuals leasing their own personal properties are excluded, as are architectural consultancies, surveying firms, and physical building contractors, which belong to adjacent professional services and construction categories.
Given that real estate activities employ a relatively compact workforce compared to large industrial or healthcare branches, modest changes in absolute vacancy counts can create noticeable movements in the resulting percentage rate. A rigorous reading requires year-on-year comparisons against the equivalent quarter of the previous year rather than quarter-on-quarter assessments. Sequential comparisons are vulnerable to seasonal property market slowdowns during winter months. One should avoid equating property market transaction indicators with this employment measure, as property management functions require continuous staffing regardless of transaction volumes. Provisional quarterly estimates are subject to retrospective adjustments as additional survey returns are integrated.
Frequently asked questions
- Does this series include vacancies for architects and civil engineers?
- Architectural and engineering roles are categorized under professional, scientific and technical activities rather than real estate.
- Are building construction workers included in this real estate vacancy rate?
- On-site construction and renovation trades belong to the separate construction sector and are excluded from real estate operations.
- Why can this series display higher volatility than broader service categories?
- The sector has a comparatively small total employment base, meaning modest shifts in the absolute number of vacancies can alter the percentage rate.