In the third quarter of the year, the sale of housing new units in Metropolitan Lima and Callao reached 5,716 units, which meant a growth of 26% when compared to the same period last year, revealed the Real Estate Business Association of Peru (ASEI).
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Ana Cecilia Gálvez, general manager of ASEI, stated that this rebound in sales reflects the strength of the real estate sector, driven by greater residential demand and access to financing facilitated by a slight decrease in mortgage interest rates.
“The supply of new housing in areas such as Lima Moderna and Lima Top continues to lead the market, capturing 70% of the demand in districts such as Miraflores, Santiago de Surco and Jesús María,” he noted.
The analysis also highlighted a notable increase in home sales in the price range between S/300,000 and S/ 450,000, underlining the relevance of these values in the purchasing capacity of families.
Regarding supply, Metropolitan Lima and Callao have more than 40,000 units available on the market. “The monthly absorption of housing stands at 5.1%, a level higher than the annual average, which shows an acceleration in the acquisition of residential units,” added Gálvez.
The ASEI report also revealed that the average price per square meter remained stable in September, without major variations compared to the same period of the previous year, reflecting a solid and consistent real estate market in terms of prices.
The ASEI report also revealed that the average price per square meter remained stable in September, without major variations compared to the same period of the previous year, reflecting a solid and consistent real estate market in terms of prices.
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