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After the COVID-19 crisis, construction rebounded and drove the economic recovery, but this dynamism was not replicated in the real estate market. The macroeconomic context makes access to housing more difficult. Due to the new demands, the office market faces new challenges.

The COVID-19 pandemic caused the real estate market to collapse and led to a substantial change in the interests of the different players. Although housing prices fell significantly, demand is still very weak.

The unprecedented increase in unemployment, large-scale transition to work from home, and lower activity in many face-to-face service industries are leading to demand destruction, higher vacancy rates and rent declines in the Commercial Real Es…

Sales of new apartments in Lima continued to recover in 2018 in a context of improved formal employment, attractive interest rates, and some government incentives. We estimate that sales improvement will keep consolidating this year. On the pri…

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  • Peru