Industry Analysis & Industry Trends
The still young Real Estate Agent industry in China has developed rapidly over the past decade, in line with the high growth across China's real estate markets. China's large population, the accelerating urbanization process, rising household disposable income and strong economic growth have all contributed to the development of the real estate market. As a result, there is increasing demand for real estate agents in China to meet the expanding market volumes, requirements for higher transaction efficiency, and professional divisions across There are about 36,790 industry enterprises employing 464,327 workers with a payroll of $8.2 billion in total wages.
Over the five years through 2014, the industry revenue has grown at the low annualized rate of 2.4% to $18.2.... purchase to read more
Industry Report - Industry Analysis Chapter
Over the five years through 2014, revenue for the Real Estate Agent industry in China has grown at an annualized rate of 2.4% to $18.2 billion. The number of industry enterprises is expected to total 36,790 with about 464,327 workers and a payroll of $8.2 billion.
In early 2010, China's real estate market expanded, with rapidly increasing average housing prices and trading volumes. In April 2010, to curb the rapidly increasing housing prices and prevent financial risk, the State Council implemented a 10-part adjustment policy on China's real estate market. According to this notice, stricter housing credit policies were implemented, requiring higher down payments for second (and higher) house purchases by families and increasing credit rates to reduce speculative housing purchases... purchase to read more