The forecast for employment in the UK real estate management sector, on a fee or contract basis, indicates a steady upward trend from 2024 to 2028. Starting at 109.38 thousand employees in 2024, the figure is projected to reach 114.34 thousand by 2028. The year-on-year percentage growth shows a gradual increase, enhancing workforce figures consistently each year. Looking back, the number of employees stood at 108.16 thousand in 2023, marking the beginning of this positive trajectory. The Compound Annual Growth Rate (CAGR) over this period suggests an average annual growth, consolidating the industry's stability.
Future trends to monitor include:
- Technological advancements impacting employment demand in property management.
- Regulatory changes potentially influencing operational structures.
- Economic shifts and their effect on real estate market dynamics.
