The number of persons working at real estate agencies in Japan is forecasted to gradually decrease from 2024 to 2028, starting at 331.53 thousand in 2024 and declining to 328.74 thousand by 2028. The year-on-year variations indicate a steady decline of approximately -0.22%, reflecting a continuous downward trend. Notably, the Compound Annual Growth Rate (CAGR) for this period stands at -0.21%, which demonstrates a small but consistent reduction in workforce numbers over the forecast period when compared to 2023 figures.
Future trends to watch for include potential technological advancements and automation in real estate processes that may further influence employment. Additionally, demographic changes and economic factors will likely impact workforce numbers and the overall demand for real estate services in Japan.
