Analysis, data & forecasts on every country across the region

Economy / Puerto Rico

Property Market In A Real State

July 2009 | Economic Analysis

BMI View: With luxury and residential home sales continuing to plunge, Puerto Rico's property market is showing little sign of gaining traction, and we expect more pain to be in store in H209. Unfortunately until the island's real estate sector stabilises, the prospects for a broad-based economic recovery remain slim, in our view.

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