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Peru’s residential real estate market breaks 17 year sales record

Posted on 11 December 2012

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 Construcción (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 greater 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………………………………………..Full Article: Source


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