The number of persons employed in real estate in Canada has shown a consistent upward trend from 2013 to 2023. Starting at 276.59 jobs in 2013, the sector witnessed a significant increase to 346.5 jobs in 2023. Over the last two years, the year-on-year growth rates were 1.68% in 2022 and 1.62% in 2023. The Compounded Annual Growth Rate (CAGR) over the past five years (2019-2023) stood at 2.08%.

For the period from 2024 onwards, the forecast predicts a continued but moderate increase in employment, projected to reach 372.56 jobs by 2028. The forecasted 5-year CAGR is 1.15%, indicating a steady growth trend in the sector.

Future trends to watch for include:

Impact of economic policies and housing market regulations.
Technological advancements and their influence on real estate services.
Shifts in consumer preferences towards sustainable and smart homes.
Macroeconomic factors such as interest rates and population growth impacting real estate demand.