The number of existing homes for sale in the United States decreased overall since 2013, while the number of newly built homes for sale followed the opposite trend. As of June 2024, there were over 1.3 million existing and 476,000 newly built housing units for sale. Unlike new homes, the existing housing inventory typically increased in the second and third quarters of the year when the housing market is more active.
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Graph and download economic data for Housing Inventory: Median Days on Market in the United States (MEDDAYONMARUS) from Jul 2016 to Jun 2025 about median and USA.
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The real estate sales and brokerage industry is navigating a complex landscape with high mortgage rates and dropping home sales. The Federal Reserve's decision to raise the benchmark interest rate 11 times across 2022 and 2023 to combat inflation led to a significant climb in mortgage rates, dampening buyer demand and affordability. This gain has deterred homeowners from selling, leading to low housing inventory. Despite the rate cuts that came in 2024, mortgage rates remain high, with the typical 30-year fixed mortgage staying above 6.5%. Existing home sales also hit a near 30-year low in 2024, mainly because of high home prices and tight supply. Amid these challenges, the real estate market has seen a surge in home values, propelling industry growth. This growth greatly benefits real estate agents and brokerages, who often base their commissions on the house's selling price. Despite the high vacancy rates, the office market also shows signs of picking up, primarily because of demand for high-quality assets such as Class A office spaces and modern buildings. Increased competitive pressure necessitates more aggressive marketing tactics to secure listings and attract sellers. Nonetheless, because of the industry's robust performance from 2020 to 2021, revenue has climbed at a CAGR of 0.8% over the past five years, reaching $241.3 billion in 2025. 2025 revenue will climb an estimated 1.0% as home price appreciation and a rebound in commercial sales volume will fuel tepid growth. The higher-for-longer interest rate environment is expected to slow the industry's growth. The high mortgage rates and escalating home prices will likely price out many potential home buyers from the market, forcing customers to rent or live in multifamily complexes. The limited new office construction will stimulate office building sales and intensify brokerage activity. The housing stock situation is expected to remain tight, with homeowners staying in their homes for longer and contributing to home price appreciation. Amid these conditions, a likely shift toward new construction and build-to-rent properties for agents and brokers is anticipated. Increased competition in the form of market saturation and disruption from online platforms will inhibit profit growth. Overall, industry revenue will gain at a CAGR of 2.3% to reach $270.8 billion in 2030.
There were over *** thousand male and ** thousand female registered real estate transactions agents in Tokyo Prefecture, Japan in the fiscal year 2023. People who have passed the examination for real estate agents and meet certain conditions can register with prefectural governments where they took the examination.
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Graph and download economic data for Existing Home Sales from May 2024 to May 2025 about headline figure, sales, housing, and USA.
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The summary statistics by North American Industry Classification System (NAICS) which include: operating revenue (dollars x 1,000,000), operating expenses (dollars x 1,000,000), salaries wages and benefits (dollars x 1,000,000), and operating profit margin (by percent), of real estate agents, brokers and appraisers (NAICS 53121) & offices of real estate appraisers (NAICS 53132), annual, for five years of data.
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Graph and download economic data for Median Number of Months on Sales Market for Newly Completed Homes (MNMFS) from Jan 1975 to May 2025 about sales, median, housing, and USA.
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Number of Businesses statistics on the Real Estate Agents industry in China
Around 1.18 million real estate transaction agents were registered in Japan by the end of the fiscal year 2023. More than 29 thousand real estate agents newly registered that year.Persons who have passed an examination for real estate agents and have at least two years of practical work experience or, alternatively, take a practical training course can register their qualifications with prefectural governments.
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Forecast: Number of Employees in Real Estate Agents and Brokers in Japan 2024 - 2028 Discover more data with ReportLinker!
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Graph and download economic data for Housing Inventory: Median Days on Market in Florida (MEDDAYONMARFL) from Jul 2016 to Jun 2025 about FL, median, and USA.
The quarterly number of single family-home sales in Florida reached ****** in the first quarter of 2024. This was an increase over the previous quarter but below the first quarter in 2023. The value of single-family homes transactions in Florida followed a similar trend in this period.
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Graph and download economic data for Housing Inventory: Median Days on Market in North Carolina (MEDDAYONMARNC) from Jul 2016 to Jun 2025 about NC, median, and USA.
The number of single-family homes listed for sale in the 50 largest metros in the United States in January 2025 ranged between 1,000 and 26,000. Dallas, TX, which is the fourth-largest metropolitan area in the country, had the most active listings that month, totaling ******. New York, NY — the biggest metro in the country — had ****** active listings. Additionally, it was one of the few metros where inventory declined between January 2024 and January 2025.
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Graph and download economic data for Housing Inventory: Active Listing Count in Illinois (ACTLISCOUIL) from Jul 2016 to Jun 2025 about IL, active listing, listing, and USA.
By the end of the fiscal year 2023, over ** thousand real estate brokers had a capital size of less than ************ Japanese yen, representing the most common type of brokers in Japan. Around *** corporations reported a capital size of more than *********** yen.
The total number of houses sold in the Netherlands from 1995 to 2023 varied notably by province. The number of houses sold in the Netherlands consists of purchases of a house registered at the Dutch Cadastre (Kadaster). In 2023, the total number of houses sold in the Netherlands was about 182,000, of which approximately 15,000 were sold in the province of Utrecht.Average selling price of houses has been increasing significantly on an annual base every quarter since the first quarter of 2014.
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Saudi Arabia Number of Houses: Occupied by Households: Census: Asir data was reported at 336,065.000 Unit in 2010. This records an increase from the previous number of 287,711.000 Unit for 2004. Saudi Arabia Number of Houses: Occupied by Households: Census: Asir data is updated yearly, averaging 287,711.000 Unit from Dec 1992 (Median) to 2010, with 3 observations. The data reached an all-time high of 336,065.000 Unit in 2010 and a record low of 220,745.000 Unit in 1992. Saudi Arabia Number of Houses: Occupied by Households: Census: Asir data remains active status in CEIC and is reported by General Authority for Statistics. The data is categorized under Global Database’s Saudi Arabia – Table SA.H006: Number of Houses: Occupied by Households: Census.
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Belgium Number of Property Transactions: Houses data was reported at 88,892.000 Unit in 2017. This records an increase from the previous number of 85,869.000 Unit for 2016. Belgium Number of Property Transactions: Houses data is updated yearly, averaging 80,880.000 Unit from Dec 2010 (Median) to 2017, with 8 observations. The data reached an all-time high of 88,892.000 Unit in 2017 and a record low of 74,095.000 Unit in 2015. Belgium Number of Property Transactions: Houses data remains active status in CEIC and is reported by Statistics Belgium. The data is categorized under Global Database’s Belgium – Table BE.EB006: Number of Property Transactions: Annual.
The number of existing homes for sale in the United States decreased overall since 2013, while the number of newly built homes for sale followed the opposite trend. As of June 2024, there were over 1.3 million existing and 476,000 newly built housing units for sale. Unlike new homes, the existing housing inventory typically increased in the second and third quarters of the year when the housing market is more active.