This year’s final Job Barometer – Assessment of the U.S. Real Estate Job Market finds job postings through Q3 2018 up 11% over the SelectLeaders Job Barometer index and have now exceeded the long-term average for five consecutive years. Jobs in finance and investment continue as the most common opportunities followed by portfolio, asset and property management jobs. Jobs that tend to wane when headed into a correction – Acquisitions and Development – continue to be vital areas of hiring activity with 9% and 8% of all job postings, which is remarkable at this stage in the cycle. As is a total of $12.6 billion poured into real estate technology companies in 2017, according to “RE Tech.” The scale of investment in PropTech today underscores the drive to transform how real estate is developed, acquired, and managed through technology-based innovation. PropTech innovations prompt job shapeshifting. Proven experience with a variety of software is the best way to demonstrate the agility to work in this space. Technology will open up our industry to talent from other industries.
CRE Job Barometer Report
About the SelectLeaders Job Barometer
The SelectLeaders Job Barometer, published since 2006, is the foremost survey of employment opportunities, trends, and hiring practices in the commercial real estate industry.
About the SelectLeaders Real Estate Job Network
SelectLeaders powers the Career Centers for 9 premier real estate industry Associations (whose members control or direct 90% of commercial real estate). Jobs are from all sectors and all levels with 29% paying over $100,000. SelectLeaders Job Network offers unequalled access to the Real Estate community. To learn more visit selectleaders.com or visit our Job Network Career Centers: BOMA, CCIM, CREFC, GlobeST.com, NAIOP, NAREIM, NAREIT, NMHC, PREA, Project REAP, ULI, NRHC