During the event 2,575 mortgages were sold, among which social and middle class housing stood out the most, with prices ranging between $40,000 and $80,000.

The figures provided by the Panamanian Chamber of Construction (Capac) again reflect the growing need for housing that exists in the country, mainly in middle class and lower class segment.

“…Capac reported that 79% ($144,010,565) of the approved amounts corresponded to preferential interest housing and of that figure, 7% ($12,760,000) was approved for social interest properties.”

Prensa.com adds that “… The total number of approved units, 90% (2,317) corresponded to the prime rate and 12% (309) to the banking income segment. Dwellings in the range of $40,000 to $80,000 had the highest number of approvals, representing 49% of the money approved and 60% in units (44,000). “