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Real Estate News Interior: increases in m2 continue - Reporte Inmobiliario

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Interior: increases in m2 continue - Reporte Inmobiliario




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March 21, 2024


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Values already show 10 consecutive quarters of increases in dollar bills. The average interannual increase is more than 13% for apartments used in 11 inland locations. Quarterly data since 2008.
During the last quarter, the value per m2 in dollars of all the 11 inland towns that Reporte Inmobiliario usually surveys on a quarterly basis since 2008 appreciated 3.18% in dollar bills, taking the year-on-year increase to 13.45% and then of 10 consecutive quarters of increases.

Although the evolution has been differential depending on the locality in question, in relation to the maximums recorded in May 2019 for those same localities, the current average value is still 31.21% below said peak. The interior of the country was the first to show this recovery of values measured in dollars after the sharp decline that had occurred since 2021. In fact, if you look at the graphic series you can see all the potential for improvement that would still remain due to that the values managed to reach a historical minimum measured in banknotes.


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