Panama: High Supply and Demand for OfficesMonday, March 28, 2016 Although construction of office space keeps rising, the real estate union has projected that rental prices will remain steady this year without any significant changes. The union of real estate in Panama City believes it is not yet time to speak of a "glut" in the office market, although the inventory continues to grow, without having a direct impact on rental prices. House Prices in Central AmericaThursday, September 27, 2012 How much does a house cost that is 200 square meters, 3 bedrooms and 2 bathrooms, in an area of 3,000 square meters, in a middle class neighborhood? The Central American Home price Snapshot, coordinated by Reveal Real Estate and Global Property Guide, reveals the sales price of similar homes in 12 real estate markets in Belize, Nicaragua, Costa Rica and Panama. Big Data and Real Estate MarketFriday, August 30, 2019 Identifying the best areas to invest in, knowing what type of property is in demand in each area, whether you are looking for more rentals or sales, homes or offices, or in which segments of the population there is more demand for each type of property, is part of what can now be analyzed using modern Big Data techniques. The real estate market is not alien to the new reality focused on analyzing large volumes of information and making business decisions based on data. Residential project works are reactivatedTuesday, October 9, 2018 After the Malaga City housing project was acquired by ALD Inmobiliaria in Costa Rica, the construction company has re-started work on the 1,600-unit condominium. In August, in order to reactivate the project under the name "Residencial Terra Verbena", the acquisition of the residential complex "Malaga City" located in Alajuelita by ALD Inmobiliaria from Rock Constructions was reported. Real Estate Industry Comes Down from the CloudsTuesday, June 14, 2011 Reductions of up to 40% on prices reflect the bubble that was created in Costa Rican real estate sector. The economic crisis that struck the U.S. and Costa Rica also had a great impact on the Costa Rican real estate industry, where demand has fallen to levels never seen before. International Real Estate Conference in Costa RicaThursday, July 5, 2018 The event will take place in San Jose on August 9 and 10, and participants from 18 countries in Latin America, North America and Europe are expected to attend. The III Latin American real estate congress will be held at the Real Intercontinental hotel. Panama: Mortgage Loans Grow by 10% a yearWednesday, May 21, 2014 At the end of 2013 the balance of these loans in the banking system exceeded $10 billion, representing growth of 30% in the last three years. The increase in the real income of households, the Preferred Interest Act and the increased demand for housing in the medium / high cost category, have strengthened the portfolio of mortgage loans in the country, with the balance of this portfolio up to March this year standing at $10.296 billion, $9.041 billion for homeownership loans and $1.254 billion for commercial premises.
MARKET TRENDS
Vacation Properties: Increasing interest in Central AmericaFriday, July 3, 2020 After an abrupt drop reported in March and April in consumer interactions associated with vacation properties, since the beginning of May in all markets of the region interest in this topic has rebounded. Through a system that monitors changes in consumer interests and preferences in Central American countries in real time, developed by CentralAmericaData, it is possible to project short and long term demand trends for the different products, sectors and markets that operate in the region.
MARKET STUDY
Housing: How is the Central American Market behaving?Friday, November 27, 2020 Between July and October 2020, the number of people in Panama looking for rental homes grew 56%, while in Guatemala, the number of people exploring options for renting a home fell 37%. CentralAmericaData's interactive platform, Consumer Insights, monitors in real time changes in consumer habits in all markets in the region and in other Latin American countries, with key data to understand their behavior, new trends and anticipate eventual changes in their purchasing patterns. Real Estate: Prices and Sales are DownTuesday, January 26, 2021 Although in the Nicaraguan market properties are priced up to 30% or 40% cheaper compared to the prices registered prior to the political and health crisis, sales have fallen considerably. Taking as a reference 2017, the year prior to the political and social crisis in Nicaragua, it is evident that currently real estate prices have decreased by up to 30% or 40%, assure businessmen in the sector. Costa Rica: Real Estate Office MarketWednesday, November 30, 2011 An NAI Costa Rica Report for the third quarter 2011, gives analysis categorised by supply, demand and prices, and an evaluation of new projects. Extract from the report:
MARKET TRENDS
Property Valuation: Rising Interest in Central AmericaFriday, June 26, 2020 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. 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. |
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