Although, at the beginning of the year, a relative improvement began to be seen in the real estate market, thanks to the dialogue and work that various actors held with the authorities, the Covid-19 pandemic caused a setback in this sector, since it is generating great uncertainty before buyers and investors.
This was stated by Enrique Téllez Kuenzler, president of the Association of Real Estate Developers (ADI), in an exclusive interview with Real Estate Investment Magazine, where he stressed that growth expectations at the national level are negative and the fall in oil prices is having a negative effect on this sector.
"We hope that with the restart of activities and some actions taken by the government and the private sector there will be a reactivation in the sector for the second half of the year.
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