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Thursday, July 20, 2006

California: Real Estate Licensees Surpasses 500,000

by Calculated Risk on 7/20/2006 11:55:00 PM

The California Department of Real Estate reports the total number of Real Estate licensees reached 504 thousand in the state at the end of June 2006. This is an increase of 55,000 agents / brokers over the last 12 months.

Click on graph for larger image in new window.

The number of Salesperson licensees has reached 336.7 thousand, a 14% increase over one year ago.

The number of Broker licensees is 137.4 thousand; 8% higher than last year.

The second graph shows the annual growth rate for the number of salesperson and broker licensees.

In California, the number of real estate transactions peaked last year, but the number of licensees continues to grow.