Home sales in the country fell 53.3% in the first half of the year – Sectors – Economy
The most recent figures on the new housing market in the countryrevealed by the Colombian Chamber of Construction (Camacol), show that sales are still unable to overcome the bad moment they are going through. The sale of new housing during the first half of 2023 was 64,266 units, a drop of 53.3 percent compared to the 137,531 sold in the same period of 2022. (Also read: Home sales: these are the problems that will prolong the crisis in the sector) These falls are explained by adverse macroeconomic conditions at a global level This contraction was marked by the 56.5 percent…
