The housing market in Brazil is still healthy, benefiting from surging property demand and improving construction activity. In the first quarter of this year, the country’s FIPEZAP house price index increased by 5.54% on an annual basis, following y-o-y increases of 5.13% in Q4 2023, 5.29% in Q3, 5.72% in Q2, and 5.66% in Q1,…
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Fitch Rating is projecting home price growth in Brazil, Mexico and Colombia in 2023, albeit at a slower pace in Mexico and Colombia compared with 2022, given credit availability, supply shortages and higher construction input costs. Home price growth forecasts for these countries are the highest of the 15 countries covered in the agency’s Global…
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Latin America’s real estate sector is expected to be neutral in 2023, as a weaker economic environment in some countries of the region and the potential recession in U.S. may partially impact the sector fundamentals, according to Fitch Ratings. Elevated inflation, adverse financial conditions and policy uncertainty may also curb growth, the rating agency said…
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Chile’s capital Santiago, is the most expensive city in Latin America to buy real estate, a new survey has found. The Latin American Real Estate Survey -conducted by the Centre for Research in Finance (CIF) of the Torcuato Di Tella University and online real estate portal Zonaprop – crunched property prices in cities across Argentina,…
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