The forecast for the number of persons working in Japanese real estate agencies, specifically those with 10-29 employees, shows a steady increase from 2024 to 2028, starting at 71.39 thousand in 2024 and reaching 73.34 thousand by 2028. Compared to the 2023 actual data of 70.89 thousand, the year-on-year growth rate gradually increases, peaking at an estimated 0.66% for 2028. The compound annual growth rate (CAGR) over this five-year span averages around 0.68%.
Future trends to watch in the real estate sector include technological advancements in property tech, demographic shifts affecting demand, and evolving regulatory landscapes that could impact labor dynamics and agency size strategies.
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