Real Estate in Chile
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CHILE, 2012/12/11
Due to concerns regarding an increase of residential real estate prices, the Chilean Financial Stability Council (Consejo de Estabilidad Financiero) has announced the creation of a new group to monitor residential real estate sector risk. The group, comprised of representatives of the Ministry of Finance, the Central Bank and Superintendents of Pensions, Securities and Insurance and Banks, will seek to identify and monitor systemic threats to local financial stability.
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CHILE, 2012/07/24
Chile's real estate market is continuing its buoyancy from 2010 and 2011. Despite new supply, absorption rates are generally holding up across the board. Increasing request and supply is the general trend across amount commercial real estate sub-sectors, and as a result, rents are mostly increasing. The country's status as Latin America's most prosperous region has helped it retain stability and caused it to become a target destination for people looking to enter into a better market than the eurozone in particular.
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ARGENTINA, 2012/02/12
