The number of self-employed persons in real estate in Canada stood at 103,000 units in 2023. From 2013 to 2023, the sector displayed fluctuations with growth, notably peaking in 2017 and demonstrating sturdy growth from 2019 onwards. The compound annual growth rate (CAGR) from 2018 to 2023 was at 2.51%, with year-on-year increases tapering to 1.98% in 2023.
Looking ahead, forecasts suggest a continued upward trend for self-employment in this sector, reaching 112,000 units by 2028 with a moderate 1.3% CAGR. Future growth may be influenced by economic cycles, housing market dynamics, and technological advancements enhancing property management efficiency.
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