Residential real estate market in Panama will show a remarkable recovery this 2024


News from Panama / Friday, October 4th, 2024

Three prominent experts have analyzed Panama’s residential real estate market, concluding that this 2024 could show a remarkable recovery, with figures that resemble those of 2019.

Analysts highlighted that the growth of the Panamanian economy and the decrease in unemployment are key factors in this revitalization. However, they expressed concern about legal certainty and interest rate variability, which could influence the stability of the sector.

Banks play a crucial role in this scenario. Although they have faced a decrease in supply, they remain active and the real estate market is projected to continue to grow in the future.