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 37,928 industry enterprises employing 483,674 workers with a payroll of $8.7 billion in total wages.
Over the five years through 2013, the industry has grown at an annualized rate of 17.7% to $22.4 billion.... purchase to read more
Industry Report - Industry Analysis Chapter
Over the five years through 2013, revenue for the Real Estate Agent industry in China has grown at an annualized rate of 17.7% to $22.4 billion. The number of industry enterprises is expected to total 37,928 with about 483,674 workers and a payroll of $8.7 billion.
During 2009, China's economy recovered gradually with the implementation of the government's four-trillion-yuan economic stimulus plan. A high volume of banking loans was extended to support the implementation of the stimulus plan, and greater liquidity existed in China's economy. Additionally, local governments issued several favorable policies to support the development of the real estate market... purchase to read more