The forecasted values indicate a steady year-on-year increase in the number of self-employed people in the UK real estate sector. In 2023, the actual value stood at 72.74 thousand persons. Moving forward, the forecasted values for 2024 to 2028 show consistent growth: 74.17, 75.6, 77.03, 78.44, and 79.85 thousand persons respectively. The year-on-year percentage variation from 2024 to 2025 is approximately 1.93%, from 2025 to 2026 is 1.89%, from 2026 to 2027 is 1.83%, and from 2027 to 2028 is 1.8%. The Compound Annual Growth Rate (CAGR) over the five years from 2024 to 2028 is around 1.89%.
Future trends to watch for:
- The impact of economic fluctuations on the real estate market which could affect self-employment rates.
- Technological advancements in real estate marketing and sales platforms, potentially making it easier for individuals to enter the market as self-employed professionals.
- Regulatory changes and government policies aimed at the real estate sector that might influence the growth rate of self-employment.
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