This increase, although lower than that observed in previous quarters, has generated concern among various sectors of the population, especially among those looking to purchase a home.
Wendy Snow PerezDeputy Director General of Business Promotion at SHF, explained that several factors have contributed to the rise in housing prices, including the increase in the cost of construction materials, high demand and rising mortgage interest rates.
He explained that the increase in housing prices could have a negative impact on housing affordability for low-income families.
He stressed that it is important to call on the authorities to implement measures that help reduce the cost of housing, such as granting subsidies and promoting the construction of social housing.
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