The forecasted sales in Japan's real estate and goods rental and leasing industry show a gradual decline over the period from 2024 to 2028, with initial values in 2024 at 12.234 trillion yen projected to decrease to 12.148 trillion yen by 2028. The year-on-year variation indicates a steady decline of approximately 0.174% annually. Comparatively, considering a period of 5 years, the Compound Annual Growth Rate (CAGR) suggests a decrease of 0.176% per year.
Future trends to monitor include:
- Technological advancements impacting rental and leasing processes.
- Demographic changes influencing real estate demand.
- Regulatory shifts and policies affecting the industry landscape.
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