Forecast: Number of Employees in Real Estate in Chile

The number of employees in the real estate sector in Chile exhibited a generally positive trend from 2013 to 2023, growing from 52.1 thousand units in 2013 to 66.9 thousand units in 2023. Notable fluctuations occurred, such as a significant dip in 2015 followed by strong recovery periods, particularly in 2016 and 2018. The year-on-year variations show moderate increases in recent years, with a YoY increase of 1.36% in 2023.

Future trends indicate a steady CAGR of 0.98% over the next five years, culminating in a 71.2 thousand units forecast for 2028. This points towards sustained, albeit modest, growth in the sector, with a forecasted 5.01% increase from 2024 to 2028.

Future trends to watch for:

• Potential impacts of economic policies on real estate employment.
• Evolving demand for residential versus commercial properties.
• Technological advancements and their influence on real estate job functions.