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Real Estate Appraisal in Ontario

Author.Name IBISWorld Canada Last Updated: August 2025 NAICS ON53132CA

Real Estate Appraisal in Ontario industry analysis

Revenue for the Real Estate Appraisal industry in Ontario is expected to grow an annualized x.x% to $x.x million over the five years to 2025, while revenue for the national industry will likely decline at -x.x% during the same period. The number of industry establishments has increased an annualized x.x% to xxx locations over the past five years. Industry employment has increased an annualized x.x% to x,xxx workers during the period, while industry wages have increased an annualized x% to $x.x million.

Over the five years to 2030, provincial industry revenue is expected to grow an annualized x.x% to $x.x million, while revenue for the national industry will likely grow x.x%. The number of industry establishments is forecast to grow x.x% to x,xxx locations over the next five years. Industry employment is expected to increase an annualized x.x% to x,xxx workers during the outlook period, while industry wages likely increase x% to $x.x million.

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About the Real Estate Appraisal in Ontario Market Research Report

What’s Included in the Real Estate Appraisal in Ontario Market Research Report

Definition of the Real Estate Appraisal in Ontario?

Operators in this industry specialize in estimating the fair market value of real estate. Appraisers research a property or development to determine the characteristics pertinent to its market value. Valuations for a property are carried out when it is sold, mortgaged, taxed, insured or developed.

What’s included in the Real Estate Appraisal in Ontario?

The Real Estate Appraisal in Ontario includes commercial appraisal services, residential appraisal services, consulting services and appraisal management services. Related terms covered in the Real Estate Appraisal in Ontario industry report includes the appraiser's opinion of value as written in an appraisal report, the determination of the economic value of an asset and the creation of new households, regardless of the number of residents.

Industry Performance of the Real Estate Appraisal industry in Ontario

Benchmark the Real Estate Appraisal in Ontario industry performance with all ON Census Metropolitan Area and national performance.

Real Estate Appraisal in Ontario

#1 in Highest Revenue 50.5% of province's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Real Estate Appraisal in Canada


Revenue (2023)
Annual Growth (2018-23)
Annual Growth (2023-28)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Real Estate Appraisal industry in Ontario

See how key industry drivers, such as gross domestic product, private investment in non-residential construction, bachelorsed, value of residential construction, housing starts and consumer confidence index are impacting Real Estate Appraisal in Ontario

Ontario Economic Indicators

Gross Domestic Product
Private Investment in Non-Residential Construction
BachelorsEd

View more economic information in ON State Economic profile

Canada Key External Drivers

Value of residential construction
Housing starts
Consumer confidence index

For the full list of industry drivers, see report purchase options.

Census Metropolitan Area Data of the Real Estate Appraisal industry in Ontario

Access proprietary data on Census Metropolitan Area in the Real Estate Appraisal in Ontario, such as Toronto, Ottawa - Gatineau and Hamilton. Data includes figures on revenue, establishments, employees and wages by Census Metropolitan Areas.

Key Statistics of the Real Estate Appraisal industry in Ontario

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Real Estate Appraisal industry in Ontario in 2025?

The market size of the Real Estate Appraisal industry in Ontario is $400.4m in 2025.

How many businesses are there in the Real Estate Appraisal industry in Ontario in 2025?

There are 966 businesses in the Real Estate Appraisal industry in Ontario, which has been growing at an average annual rate of 0.6% from 2020 to 2025.

Has the Real Estate Appraisal industry in Ontario grown or declined over the past 5 years?

The market size of the Real Estate Appraisal industry in Ontario has been growing at an average annual rate of 3.4% from 2020 to 2025.

How many employees in the Real Estate Appraisal industry in Ontario in 2025?

There are 1,225 employees in the Real Estate Appraisal industry in Ontario, which has been growing at an average annual rate of 0.8% from 2020 to 2025.