Forecast: Number of Employees in Real Estate Activities Sector in Chile

The number of employees in the Real Estate Activities sector in Chile was 30.73 thousand in 2023. The sector experienced significant fluctuations from 2013 to 2023, with notable peaks in 2015 (43.02 thousand) and drops by 2018 before stabilizing between 2019 to 2023. Year-on-year variations indicate a mix of substantial increases, such as 68.86% in 2015, and sharp decreases, like -35.74% in 2018. More recently, the year-on-year variations were minor, around 0.14% from 2020 to 2023.

The five-year compound annual growth rate (CAGR) leading up to 2023 was 3.61%, reflecting a period of recovery and stabilization from previous volatility. The forecast for the period 2024-2028 indicates a stable growth trajectory, with a projected five-year CAGR of 0.11% and an overall growth rate of 0.54%.

Future trends to watch for include:

• The impact of macroeconomic conditions on real estate activity.
• Technological advancements and their influence on employment and workflow efficiency.
• Government policies and regulations affecting the real estate sector.
• Urbanization trends and their potential to increase employment in the sector.