Job prospects Commercial Real Estate Agent in Prince Edward Island

Explore current and future job prospects for people working as a "commercial real estate agent" in Prince Edward Island or across Canada.

Job opportunities in Prince Edward Island

These outlooks were updated on November 29, 2023.

Prospects over the next 3 years

The employment outlook will be good for Real estate agents and salespersons (NOC 63101) in Prince Edward Island for the 2023-2025 period.

The following factors contributed to this outlook:

• Employment growth will lead to a moderate number of new positions.
• A moderate number of positions will become available due to retirements.
• There are a small number of unemployed workers with recent experience in this occupation.
• High employee turnover in this occupation could lead to additional employment opportunities.

Here are some key facts about Real estate agents and salespersons in Prince Edward Island:

• Approximately 250 people worked in this occupation in May 2021.
• Real estate agents and salespersons mainly work in the following sectors:
  • Real Estate and rental and leasing (NAICS 53): more than 95%
• The distribution of full-time and part-time workers in this occupation is:
  • Full-time workers: 76% compared to 84% for all occupations
  • Part-time workers: 24% compared to 16% for all occupations
• 74% of real estate agents and salespersons work all year, while 26% work only part of the year, compared to 59% and 41% respectively among all occupations. Those who worked only part of the year did so for an average of 47 weeks compared to 41 weeks for all occupations.
• 77% of real estate agents and salespersons are self-employed compared to an average of 13% for all occupations.
• The gender distribution of people in this occupation is:
  • Men: 61% compared to 51% for all occupations
  • Women: 39% compared to 49% for all occupations
• The educational attainment of workers in this occupation is:
  • no high school diploma: 6% compared to 11% for all occupations
  • high school diploma or equivalent: 28% compared to 28% for all occupations
  • apprenticeship or trades certificate or diploma: 11% compared to 11% for all occupations
  • college certificate or diploma or university certificate below bachelor's: 30% compared to 25% for all occupations
  • bachelor's degree: 15% compared to 17% for all occupations
  • university certificate, degree or diploma above bachelor level: 11% compared to 8% for all occupations

Labour market conditions over the next 10 years

Explore current and future job prospects for people working as a "commercial real estate agent" Real estate agents and salespersons (NOC 63101) or across Canada.

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