Forecast: Number of Persons Working at the Location of Establishment in Real Estate Agencies with under 10 persons in Japan

In 2023, the number of persons working at real estate agencies in Japan with under 10 employees stood at 162,000. Forecasted data for the years 2024 to 2028 indicates a gradual decline from 160.18 thousand in 2024 to 154.17 thousand in 2028. Year-on-year analysis shows a gradual decrease, around 1% annually from 2024 through 2028. The compound annual growth rate (CAGR) over this period reflects a negative trend, highlighting shrinking employment in this segment.

Future trends to watch for:

• Impact of technological advancements on staffing needs.
• Shifts in real estate demand affecting staffing in small agencies.
• Potential regulatory changes influencing business operations.