A new report from a major brokerage firm suggests that the real estate industry has a long way to go before it is considered as a viable business for the rest of the country.
The report, “The Real Estate Industry,” finds that the industry is not yet a viable and well-established source of revenue for the national economy.
The brokerage firm, BMO Capital Markets, analyzed the financials of hundreds of companies in the real-estate sector, and found that just 4 percent of them have a net income for the year.
This figure is a far cry from the 8.4 percent average of the industry that was the norm for all of 2014.
The company also found that the average revenue per employee in the industry was $18,000, which is lower than the $22,000 average of $34,000 for the entire economy.
BMO points out that this is largely due to the fact that the vast majority of real estate companies operate in a small and competitive market, and so they can make a lot more money off their employees if they are profitable.
The brokerage firm also said that the U.S. real estate market is not only stagnant, but that it is also facing an increase in the number of properties being built each year.
The average cost of a home in the country increased by 11.6 percent between 2014 and 2015, and in the last five years, the average price of a property has increased by 21.7 percent, the report found.BMO points to a number of factors that are driving the rise in prices, including an increase of the number and quality of new housing units that are being built in the U to meet the growing demand.
This means that the more new housing that is built, the more money people are willing to spend on housing, the brokerage firm said.