Job prospects Real Estate Appraisal Technician in the Lower Mainland–Southwest Region

Over the past few years (2021-2023), there was a labour surplus for Assessors, valuators and appraisers in the Lower Mainland–Southwest Region. There were more workers available than job openings in this occupation.

Source Labour Market Information | Recent Trends Assessment Methodology

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

The following factors contributed to this outlook:

• Employment decline will lead to the loss of some 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 the Lower Mainland - Southwest region:

• Approximately 1,550 people work in this occupation.
• Assessors, business valuators and appraisers mainly work in the following sectors:
  • Finance, insurance and Real estate and rental and leasing (NAICS 52-53): 56%
  • Professional, scientific and technical services (NAICS 54): 12%
  • Provincial and territorial public administration (NAICS 912): 11%
  • Other services (except public administration) (NAICS 81): 5%

Source Labour Market Information | Prospects Methodology