The real estate agency sales in Japan are forecasted to see a moderate upward trend from 2024 to 2028, beginning at 14.067 trillion yen in 2024 and rising to 14.354 trillion yen by 2028. Comparing year-over-year growth, the sales figures show a consistent annual increase of approximately 0.52% to 0.55%. The compound annual growth rate (CAGR) from 2024 to 2028 is projected to be around 0.53%, suggesting a stable growth pattern in the real estate market post-2023, which stood slightly below this range.

Future trends to watch for include:

Potential disruptions or accelerations from technology innovations in real estate transactions and virtual viewings.
Impact of demographic changes, particularly aging populations, on housing demands.
Policy shifts related to land use, ownership, and the support for new housing developments, which could accelerate growth beyond forecasted rates.