The number of persons working at the location of establishment in real estate agencies in Japan was [insert 2023 actual value here] thousand in 2023. Forecasts for 2024 show a slight decrease to 331.53 thousand, which is projected to continue annually, reaching 328.74 thousand by 2028. This represents a gradual year-on-year decline of approximately 0.22% to 0.29%. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 indicates a steady decrease in workforce size.
Future trends to watch for include increased automation and the potential influence of demographic changes such as an aging population and urban migration patterns. These factors could further impact workforce requirements and practices within the real estate sector in Japan.
