Sales of new homes in the US at their highest in 18 months in September

New home sales in the United States rose sharply in September to an 18-month high despite high mortgage rates, according to data released Wednesday by the Commerce Department. In September, 759,000 properties changed hands in the annual projection (the 12-month projection if conditions were maintained at the time of measurement). This is an increase of 12.3% over the previous month, marked by a...

The pace of sales of ready homes slowed down in the first half of 2023

The pace of real estate sales was slower in the first half of this year compared to the same period in 2022, decreasing from 1.9% to 0.5%. However, future expectations increased to 48% due to the amount of construction work. The situation of the real estate sector is presented by the National Statistics Office (ONE) in its most recent Building Supply Registry (ROE), which includes an evaluation of the...

The price per square meter of housing rose up to 74% in Greater Santo Domingo

Homes are more expensive than in previous years, and not precisely due to appreciation. The average price per square meter (m²) of houses and apartments in the Metropolitan Region, which includes Santo Domingo and the National District, increased for the first half of 2023, with increments ranging from 3.9% to 74%, depending on the property's location. The municipalities where there were the greatest...

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