Forecast: Number of Persons Employed in Real Estate in Mexico

The employment in the real estate sector in Mexico saw steady growth from 2013 to 2023, starting at 439.83 thousand jobs in 2013 and reaching 476.17 thousand jobs in 2023. Notably, there was a dip in 2016, but the overall trend remained positive, with the sector exhibiting resilience and recovery post-2017. The year-on-year variations indicate a general upward trend, peaking in recent times with a modest annual growth rate.

From 2024 onwards, the employment in real estate is forecasted to continue growing at a compound annual growth rate (CAGR) of 0.66%, reaching 496.56 thousand jobs by 2028. This suggests a stable but slower growth trajectory compared to past years.

Future trends to watch for:

  • Impact of economic policies and real estate reforms on employment opportunities.
  • Technological advancements and their influence on job roles within the real estate sector.
  • Market demand fluctuations and their correlation with employment trends.

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