Job prospects Property Administrator in the Fredericton–Oromocto

Over the past few years (2021-2023), the labour market was balanced for Property administrators in the Fredericton–Oromocto. The number of job openings was about the same as the number of workers available in this occupation.

Source Labour Market Information | Recent Trends Methodology

The employment outlook will be moderate for Property administrators (NOC 13101) in the Fredericton - Oromocto region for the 2024-2026 period.

The following factors contributed to this outlook:

• Employment is expected to remain relatively stable.
• Several positions will become available due to retirements.
• There are a moderate number of unemployed workers with recent experience in this occupation.
• High employee turnover in this occupation could lead to additional employment opportunities.

• Population growth and government policies and programs geared towards affordable housing should continue to drive additions to the housing stock and demand for property administrators.
• The usage of technology to advertise listings and to coordinate maintenance continues to be a trend in the occupation.
• Strong communication skills and knowledge of local real estate markets will enhance job prospects.
• Certain positions will require the applicant to be bilingual.

Here are some key facts about Property administrators in the Fredericton - Oromocto region:

• Approximately 170 people worked in this occupation in May 2021.
• Property administrators mainly work in the following sectors:
  • Finance, insurance and Real estate and rental and leasing (NAICS 52-53): 83%
  • Social assistance (NAICS 624): 8%
  • Educational services (NAICS 61): 5%

Source Labour Market Information | Prospects Methodology