Out off the 8,232 homes sold in 2015, 76% was sold at prices lower than $120.000, 18% at prices between $120,000 and $350,000 and the remaining 6% above $350,000.
Figures from the National Board of Housing Developers (Convivienda) show that home sales for the year totalled more than $900 million.
From the report "Convivienda Results Projections for 2015 and 2016"
During the inauguration of " Expo Casa" President Perez Molina announced the provision of 18,000 housing subsidies and another 6,000 for the "piso seguro" (safe floors) project.
The current housing deficit in Guatemala is estimated at 1.7 million, and the plan is to resolve this by Government led construction of houses using the Guatemalan Housing Fund (FOGUAVI), which has a budget of about $58 million a year for real estate projects.
The Government will raise the ceiling of the subsidy value to include homes whose value is less than $30 thousand.
Currently the subsidy is granted for home purchases of less than 60 square meters and that are priced at less than $20 thousand.
Lucia Navas writes in his article for Laprensa.com.ni, "The business chambers argue that the value of building houses in the country has increased in general as a result of the price of construction materials reporting strong increases, therefore houses worth less than $20 000 no longer exist. "
The plan will be presented on October 1st, and will be reviewed by all involved sectors for a two-month period.
The main issues raised in the consultation period were land use and better access to financing.
"The period closed on September 10th. The main suggestions made by citizens include a better vision of land use and the role of municipalities in the management of housing, including them as developers, said Minister Irene Campos”.