Housing sales: Camacol’s proposals to reactivate VIS businesses | housing | my finances
In May 2023, sales of social interest housing (VIS) fell 66%, compared to the same period in 2022, and they completed 15 months of continuous withdrawals and a quarterly average of VIS sales and offers of medium and high ranges (Non-VIS) lower than initiations. According to a report from Urban Coordinate, the georeferenced information system of the Colombian Chamber of Construction (Camacol), between January and May 2023"64,000 homes were abandoned for sale compared to the same period in 2022. This represented a reduction of $13 trillion in investment in new homes by households (1 percentage point of GDP).". Of that…
