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Hiring and Real Estate: Together Again?

After seeing some of the mildly positive housing numbers coming out recently, we wondered if there was also a correlation between hiring. Turns out there is, which is good news for the economy overall. Wanted Analytics brings us the data. Be certain to note several of the significantly depressed Real Estate markets showed significant hiring gain and hopefully some momentum.

 

In last month’s BLS report, real estate was one of the sectors that showed job growth. Considering that real estate is thought of as an indicator of economic health, we wanted to get a clearer picture of recent hiring trends. Real estate employment grew +7,000 in September. Each year, hiring demand peaked higher than the previous year. After reaching the highest level of demand during August since the recession began, September saw a slight decline in hiring. However, in September 2012, job ad volume was still 17% higher than the same time last year.

 

Monthly Total Ad Volume for the Real Estate Industry

 

 

Hiring Demand Growth Chart 

SOURCE: WANTED Analytics

 

New York had the most real estate job ads posted online during September. The cities below saw the most year-over-year growth in hiring demand.

 

City                                              Increase
  1. Herndon, VA                               725%
  2. Mountainview, CA                      346%
  3. Parma, OH%                              266%
  4. Sandusky, OH                            177%
  5. Fort Myers, FL                            173%

Below are the most advertised real estate job titles.

  1. Maintenance Technician
  2. Leasing Consultant
  3. Property Manager
  4. Retail Sales Associate
  5. Administrative Assistant
  6. Sales Associate
  7. Maintenance Supervisor
  8. Assistant Property Manager
  9. Maintenance
  10. Receptionist

 

Maintenance positions appear most often on this list and have the highest number of job ads compared to the other job titles listed. Property management, sales, and administrative job titles follow in-demand.

This entry was posted in Employers, Hiring Trends & Data, Human Resources, Mountain Region: Mark Doyle, National: Ben Kertner, Niche: Ben Kertner, North Central Region: Lee Reynolds, North Eastern Region: Barry Markson, South Central Region: Clint Bannerman, South Eastern Region: Brian Dillon, Western Region: Garrett Stenson. Bookmark the permalink.