Forecast: Employees in Real Estate Sector in Japan

The real estate sector in Japan is projected to experience steady growth, with the number of employees expected to rise from 961,000 in 2024 to 1,030,000 by 2028. Compared to 2023, where the number of employees stood at approximately 945,000, there is a noticeable upward trajectory in employment figures. The annual year-on-year growth between 2024 and 2028 indicates a consistent increase, averaging a compound annual growth rate (CAGR) of around 1.75% over this period.

Future trends to watch in the sector include:

  • Technological advancements and digital transformation in real estate operations.
  • The impact of demographic changes, such as aging population, on housing demand.
  • Potential policy changes in response to economic shifts affecting real estate investments.
  • Sustainability initiatives influencing construction and development practices.

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