savills.co.uk-The global force of women in real estate
Women make up half of the global population but less than 40% of the global workforce, according to the World Bank. In real estate, women have long been driving forces, not only shaping homes but also redefining the industry's landscape. International Women's Day and Women’s History Month, both in March, spotlighted the strides women have made in real estate, while acknowledging the challenges that persist.
Representation within the real estate workforce
While women constitute a significant portion of the real estate workforce, their representation in leadership roles remains disproportionately low. In the UK, less than one-third of executive teams in real estate include women. Similarly, in the US, women dominate residential real estate but hold fewer executive positions, particularly in the commercial sector, where they account for only 36.7% of the workforce. This disparity extends to entrepreneurial endeavours. In 2022, only 8% of new estate agencies in the UK were launched by women, a decline from 15% in 2021.
