Housing sector decline: households put off 20 billion investments due to low sales in 2023 – Sectors – Economy

Housing sector decline: households put off 20 billion investments due to low sales in 2023 – Sectors – Economy

2023 was not a good year for new housing. According to the urban coordination of the Colombian Chamber of Construction (Camacol), only 130,851 units were sold. This means that during the last year Construction companies sold 106,554 less houses The decline in one year compared to what was recorded in 2022 is 44.9 percent. This … Read more