The self-employed real estate sector in the US has shown fluctuating trends over the past few years. As of 2023, the number of self-employed individuals in this sector was 564,000. Key variations include significant increases in 2020 and 2021 with year-on-year variations of 9.35% and 13.85% respectively, and a noticeable contraction in 2014 and 2019. The Compound Annual Growth Rate (CAGR) over the last five years stands at approximately 3.71%. Looking forward, the forecasted data suggests steady growth with an estimated CAGR of 0.9% from 2024 to 2028, reaching 596,000 self-employed individuals by 2028, translating to a 4.56% overall growth rate.
Future trends to watch for:
- Technological advancements and their impact on the real estate market.
- Shifts in regulatory policies potentially affecting self-employment rates.
- Economic factors such as interest rates and housing market dynamics.
- Impact of remote working trends on real estate demand.
- Sustainability and green building practices gaining traction.
