Property
Do We Really Need 35,251 Property Agents In Singapore?
By Stacked Homes  •  January 21, 2024
All hail the digital generation (of property agents) As of this year, we have around 35,251 property agents, up from 34,427 last year; which when we consider how much they like flyers, makes it amazing there are any trees left. But this is despite the fact that the property market is starting to cool, and we may even be headed for a correction. This is the opposite of what you might expect, as it’s during the boom market that most people start thinking it’s easy money. I then wondered if there was a correlation between how well the property market is doing, and how many agents are there. Here’s what I found: As you can see, it is quite correlated in terms of the peaks and troughs. But given there could be a delay in terms of price moving before people start to act (and as the new agents need to pass their exams,...
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By Stacked Homes
The Stacked Homes editorial began in February 2017 to provide the latest news and analysis on property in Singapore.
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