New home sales up 12.6% in April-June

An increase of 12.6% per annum recorded new home sales in Santiago during the quarter of April-June 2018. The figure, published yesterday by the Chilean Chamber of Construction (CChC), is explained by the marketing of 8,979 units: 7,509 apartments and 1,470 dwellings

Thus, sales of new homes in the capital in the first half of 2018 recorded an annual increase of 5.9%, reaching 16 203 units. In recent months, we have seen optimistic expectations among consumers, controlled levels of unemployment and low mortgage rates, factors that have positively influenced the real estate market, but it is important to keep in mind that demand for housing will continue to increase. a big deal on urban growth in the country, especially in terms of densification to build more integrated cities with a better quality of life, "said Javier Hu rt, CChC's research manager

During the quarter April to June, the price of homes registered an annual increase of 3.4%. For departments, the increase was 3.2% (in the first quarter, it was 7%), while homes were 4.7% (compared to 8.9% in the previous quarter).