Friday, December 1, 2023

Region, most affected according to Camacol

In the report recently delivered by the Colombian Chamber of Construction (Camacol) on the current housing panorama, the regions of the country most affected by the decrease in sales are identified.

The data shows that all apartments, until now in 2023 in relation to the total sales of new housing, both social interest (VIS) and Non-VIS in 2022, show a negative behavior.

Therefore, the five departments that show the greatest reduction are: Nariño, with a variation of -76.1% in total sales; Valley, with -68.6%; Norte de Santander, which registered -68.4%; Cauca, with -62.8%; and Atlántico, with -61.3%.

The five that show the smallest drop in terms of total sales: Magdalena (-13.3%), Huila (-23.0%), Meta (-29.3%), Santander (-29.2%) and Quindío (-28.8%).

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Today, those with a negative difference between -30% and -50% are: Tolima (- 42.5%), Córdoba and Sucre (- 44.1%), Cesar (-39.1%), Caldas (-35, 2%) , Cundinamarca (- 44, 7%), Bogotá (-35, 1%) and Antioquia (- 43, 3%).

And the group that gets a negative difference between -50% and -60% is: Risaralda (-55.9%), Boyacá (-58.4%) and Bolívar (-52.7%).

The percentages show that the region with the best results, although negative, is Magdalena, which went from selling 5,419 houses in 2022 to 4,698 so far in 2023, while Nariño is the one that shows the largest decrease, from the sale of 1,144 new ones. houses in 2022 to 273 houses in 2023.

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In general, regarding new housing, Camacol reports that, every month, in 2023, 6,000 houses will be sold, a figure lower than the average sales reached during the pandemic months.

In addition, VIS sales in 2023 recorded a drop of 48.7% compared to 2022, while Non-VIS sales fell 33.9% compared to last year.

According to the report, the number of families who regret buying a house has grown. This year, as many as 32,643 households stopped buying.

Faced with this problem facing the sector, Guillermo Herrera, executive president of Camacol, asked the Government to immediately implement a countercyclical strategy.

Nation World News Desk
Nation World News Desk
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