Property Valuation: Rising Interest in Central America

In February, March and April 2020, interest in property valuation and inspection services fell in all the region's real estate markets, but from May onwards there was a considerable upturn in Internet interactions associated with the subject.

Friday, June 26, 2020

A system developed by CentralAmericaData that monitors changes in consumer interests and preferences in Central American countries in real time makes it possible to project short- and long-term demand trends for the various products, sectors and markets operating in the region.

The most updated figures detail that in the Guatemalan market, the issue of property valuation and inspection, reported a decline between March 1 and April 12 in the short-term trend, but from May 3 interactions on the Internet began to increase, rising that continued until the first weeks of June.

In Costa Rica since early March 2020, the decline in interest in property valuation services has been reflected in the short-term trend. However, its negative behavior was interrupted on May 3 and until the beginning of June the trend remained upward.

In the Panamanian market, it is reported that the long term trend has maintained an upward behavior since April 5, and in the short term trend the Internet interactions associated to the topic began to rebound since March 22.

In the case of the Honduran market, the short term trend states that as of April 12, consumer interactions in the digital environment began to increase considerably since April 19, and the bullish behavior continued until the beginning of June.
 
In El Salvador, the interactive system states that on the Internet, from 16 February to 19 April, the interactions associated with property valuation services fell, but, since 26 April, a considerable rise has been recorded.

This tool for monitoring the interests of consumers in any country in the region allows companies to project demand trends and anticipate the changes that will occur in the various sectors and categories of products and services. This information system allows for weekly tracking of any product or category, resulting in an extremely valuable input for making business decisions in the new commercial reality.

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World Panama Real Estate Marketing

Organization that operates in Panama and Panama.
Phone: (507) 3454542

World Panama real estate marketing promotes city and beach property listings for sale or rent with international syndication to more then 80 real estate web portals worldwide.

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