Overview
Industries in the Real Estate subsector group establishments primarily engaged in renting or leasing real estate to others; managing real estate for others; selling, buying, or renting real estate for others; and providing other real estate related services, such as appraisal services.
This subsector includes equity real estate investment trusts (REITs) primarily engaged in leasing buildings, dwellings, or other real estate property to others. Mortgage REITs are classified in Subsector 525, Funds, Trusts, and Other Financial Vehicles.
Establishments primarily engaged in subdividing and developing unimproved real estate and constructing buildings for sale are classified in Subsector 236, Construction of Buildings. Establishments primarily engaged in subdividing and improving raw land for subsequent sale to builders are classified in Subsector 237, Heavy and Civil Engineering Construction.
The immediate parent of subsector 531 is sector 53: Real Estate and Rental and Leasing
Descendants
- 5311 - Lessors of Real Estate
- 53111 - Lessors of Residential Buildings and Dwellings
- 53112 - Lessors of Nonresidential Buildings (except Miniwarehouses)
- 53113 - Lessors of Miniwarehouses and Self-Storage Units
- 53119 - Lessors of Other Real Estate Property
- 5312 - Offices of Real Estate Agents and Brokers
- 5313 - Activities Related to Real Estate
History
The NAICS editions in which this code was present are indicated below. In the event that a code was changed from the prior edition the equivalent value in that edition is provided for reference.
| Edition | Existed | Equivalent Value |
|---|---|---|
| 2002 | 531 | |
| 2007 | 531 | |
| 2012 | 531 | |
| 2017 | 531 | |
| 2022 | 531 |
Standard Industrial Classification (SIC) Mappings
SIC Mappings are not available at the subsector level, a more specific code is required.
SIC mappings are available for 6 digit national industry codes and their sub-descriptions only. For detailed mappings choose the most appropriate six-digit code from the list of descendants.
Insurance Industry Mappings
Mappings are not available at the subsector level, a more specific code is required.
Insurance industry mappings are available for 6 digit national industry codes and their sub-descriptions only. For detailed mappings choose the most appropriate six-digit code from the list of descendants.
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