Central America: Is the Real Estate Market Moving?


News from Panama / Tuesday, July 21st, 2020

In the countries of the region about 4 million people are looking to buy or rent a residential property, and 11% of these consumers, explore options to rent an apartment.

The interactive information system developed by CentralAmericaData, monitors in real time the changes in consumer habits in all markets of the region, with fundamental information to understand the new commercial environment that has emerged in an accelerated manner.

When analyzing the figures of the Panamanian market, the information system details that of the total of consumers who are looking for a residential property on the Internet, 7% are trying to buy a house.

In Guatemala, of the total number of people looking to buy or rent a residential property over the Internet, 12% are trying to rent an apartment. In El Salvador that proportion is also about 7%, and in Nicaragua it is 6%.

The interactive report updated at the end of the first half of 2020, details that in the Costa Rican market more than 100 thousand people buy an apartment, while in Honduras, the figure is close to 30 thousand consumers.

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