Job prospects Real Estate Appraisal Technician in New Brunswick

Explore current and future job prospects for people working as a "real estate appraisal technician" in New Brunswick or across Canada.

Job opportunities in New Brunswick

These outlooks were updated on November 29, 2023.

Prospects over the next 3 years

Moderate

The employment outlook will be moderate for Assessors, business valuators and appraisers (NOC 12203) in New Brunswick for the 2023-2025 period.

The following factors contributed to this outlook:

  • Employment growth will lead to a moderate number of new positions.
  • A moderate number of positions will become available due to retirements.
  • There are a small number of unemployed workers with recent experience in this occupation.

Here are some key facts about Assessors, business valuators and appraisers in New Brunswick:

  • Approximately 250 people worked in this occupation in May 2021.
  • Assessors, business valuators and appraisers mainly work in the following sectors:
    • Provincial and territorial public administration (NAICS 912): 41%
    • Real Estate and rental and leasing (NAICS 53): 30%
    • Repair and maintenance (NAICS 811): 8%
    • Other professional, scientific and technical services (NAICS 5414, 5416-5419): 7%
    • Monetary Authorities - central bank and securities, commodity contracts and other intermediation and related activities (NAICS 521, 522, 523): 6%
  • 87% of assessors, business valuators and appraisers work all year, while 13% work only part of the year, compared to 62% and 38% respectively among all occupations. Those who worked only part of the year did so for an average of 48 weeks compared to 42 weeks for all occupations.
  • 19% of assessors, business valuators and appraisers are self-employed compared to an average of 10% for all occupations.
  • The gender distribution of people in this occupation is:
    • Men: 72% compared to 52% for all occupations
    • Women: 28% compared to 48% for all occupations
  • The educational attainment of workers in this occupation is:
    • no high school diploma: less than 5% compared to 11% for all occupations
    • high school diploma or equivalent: 8% compared to 30% for all occupations
    • apprenticeship or trades certificate or diploma: 6% compared to 12% for all occupations
    • college certificate or diploma or university certificate below bachelor's: 37% compared to 23% for all occupations
    • bachelor's degree: 37% compared to 16% for all occupations
    • university certificate, degree or diploma above bachelor level: 12% compared to 7% for all occupations

Breakdown by region

Explore job prospects in New Brunswick by economic region.

Legend

0 out of 5 stars
Undetermined
1 out of 5 stars
Very limited
2 out of 5 stars
Limited
3 out of 5 stars
Moderate
4 out of 5 stars
Good
5 out of 5 stars
Very good

Source Labour Market Information | Prospects Methodology

Labour Market Information Survey
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