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From 300 interested parties to 1 buyer: the conversion problem of the real estate market in Peru

World 1 source 1 country 🔦 Under-reported 45m ago

The Peruvian real estate sector is facing a severe conversion problem, with the market seeing a drastic reduction from 300 interested buyers down to just 1 actual purchaser.

This low conversion rate is primarily driven by financing barriers, as only 12 percent of interested individuals manage to successfully access a mortgage credit.

This wide gap between housing demand and financing acquisition severely limits overall sector sales, forcing industry stakeholders to reevaluate how buyers and properties are connected.

In-depth summary · AI, neutral
Read the full story at the source Infobae (Buenos Aires, Argentina) · AR
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