Employment in Real Estate Sector Suffers Fall of 4.6% in the 3rd-Quarter of 2019

28 October 2019 – Employment in real estate sector fell by 4.6% y-o-y in the third quarter of this year, its first fall in six years. The number of people employed in real estate activities dropped to 150,200 professionals, according to data from the National Statistics Institute’s (INE) Active Population Survey (EPA).

The decline marked the first year-on-year drop since the second quarter of 2013, when employment fell by 16%, amid the European real estate and financial crisis.

Original Story: Eje Prime

Adaptation/Translation: Richard D. K. Turner

39