Housing Market Declines in September

Intelligent Economics > Blog > Housing Market Declines in September

There were a total of 1,079 housing units sold in Puerto Rico during the month of September 2021. Compared to the previous month of August, there were 13 fewer units sold, or a decrease of 11%. Compared to September 2020, there was a decrease in sales of 109 units, or 9.2%.

There were a total of 95 new housing units sold in September. Compared to August, this was a decrease of 4, or 4%. Compared to September 2020, this was a decrease of 28, or 22.8%. Since the beginning of the pandemic, new housing unit sales have remained consistently above the 2019 average. There were a total of 984 existing housing units sold in September. Compared to August, this was a decrease of 129 units, or 11.6%. Compared to September 2020, there were 81 fewer units sold, or a decrease of 7.6%. 

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