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Real Estate in Peru

  • Peruvian residential real estate sector in 2012

    PERU, 2012/12/11 Beating a banner year in 2011, the Peruvian residential real estate sector in 2012 has broken a 17-year record. According to a study by the Camara Peruana de la Construccion (Peruvian Construction Chamber), 21,990 residential units were sold in Peru in 2012. In 2011 and 2010, 21,441 and 14,516 units were sold. As high as the residential sales number is, a significantly better number of residential units could soon be added to the market. According to the Peruvian newspaper Gestión, 48,394 residential units were registered as under construction during 2012. Of these units, over 20,000 units were reported as sold and 22,000 units were reported as to be offered. If current trends for requests for building permits continue, construction on thousands of new units could begin in 2013.
  • Panama, Peru, Brazil Lead List of Touted Emerging Property Markets 2012-02-12

    ARGENTINA, 2012/02/12