Forecast: Subcontracted Employees in Real Estate Agencies in Japan

The number of subcontracted employees in real estate agencies in Japan is projected to increase from 9.56 thousand persons in 2024 to 9.86 thousand persons by 2028. This steady rise represents a consistent year-on-year growth rate of approximately 0.83% to 0.92%. In the context of longer-term trends, this industry segment has shown a Compound Annual Growth Rate (CAGR) of approximately 1.12% over the past five years, further indicating progressive and moderate growth.

Future trends to watch for include:

  • Increased digital transformation in the real estate sector, potentially affecting the demand for subcontracted employees.
  • Shifts in the real estate market driven by demographic changes, particularly Japan's aging population, which may influence employment needs.
  • Regulatory changes in labor laws that could impact subcontracting practices.