Forecast: Number of Employees in Real Estate Activities with Own or Leased Property Sector in Brazil

In 2023, the real estate activities sector in Brazil employed approximately 40.70 thousand individuals. Since then, a forecasted decline is evident, with figures expected to drop to 40.26 thousand in 2024, continuing to decrease yearly to 38.51 thousand by 2028. The year-on-year variations show a consistent decline, hinting at slight annual contractions—approximately 1.1% yearly. This results in a compound annual growth rate (CAGR) over the five-year span from 2024 to 2028 of about -1.1%, signaling a subtle yet steady downsizing in the workforce.

Future trends to watch for include potential technological advancements, which might further streamline operations and reduce the need for large numbers of employees. Additionally, economic fluctuations and changes in property ownership models may influence employment in this sector.