2023 Real Estate Tech Jobs Index
The proptech industry globally saw the addition of 17,317 new jobs in 2023.
Hybrid and remote roles made up 7,083 of the total jobs added globally in 2023.
Globally, 59% of all new jobs in 2023 were Onsite/In-Person.
Adapting to a Shifting Global Landscape:
In 2023, the proptech industry globally added 17,317 new jobs, marking a 6.56% decrease from the 18,533 jobs added in 2022. This slight decline suggests a phase of consolidation in the proptech job market, led by high inflation and macroeconomic headwinds throughout the year. Despite the decrease, the sustained addition of many jobs indicates the industry's robust health and growing influence on the global real estate landscape. The figures underscore the proptech sector's resilience and ability to adapt and thrive amidst varying market conditions.
“The proptech jobs market continued to evolve in 2023, embracing more flexible work models in North and South America while maintaining a strong base in on-site roles, in Europe and Asia,” Ashkán Zandieh, co-chair and founder of the Center for Real Estate Technology & Innovation (CRETI). “This is crucial for fostering a global balance of innovation and operational effectiveness in an industry at the intersection of technology and physical spaces.”
The Rise of Hybrid and Remote Work:
In alignment with changing work preferences, the proptech sector witnessed a surge in hybrid and remote job opportunities. Of the total global job additions, 7,083 were in the hybrid/remote category, highlighting the sector's adaptability to modern workforce demands. This trend showcases the industry's commitment to leveraging technology for operational efficiency and employee flexibility.
Onsite Roles: Continuing to Thrive:
Despite the incline towards remote work, the proptech industry also saw significant demand for onsite roles, with 10,234 jobs added globally in 2023. This trend emphasizes the ongoing need for direct interaction, site management, and implementation of physical tech solutions in real estate technology.
