Forecast: Number of Persons Employed in Real Estate in Chile

The number of persons employed in the real estate sector in Chile has shown a consistent upward trend over the past decade. In 2023, employment stood at 88.2 thousand persons. Prior to this, actual data shows varying year-on-year growth rates, peaking in 2016 with a significant 9.39% increase and stabilizing to a 1.73% increase by 2023. The compound annual growth rate (CAGR) over the last five years leading to 2023 averaged at 1.47%.

Looking forward to the forecasted years, employment is expected to continue growing, reaching 95.0 thousand persons by 2028. The forecasted CAGR for the next five years is projected at 1.18%, with an overall five-year growth rate of 6.03%.

Future trends to watch for include potential impacts of technological advancements in property management, economic fluctuations, and regulatory changes that might influence the employment landscape in the real estate sector. Monitoring these factors will be crucial for accurate forecasting and strategic planning.