The real estate industry has experienced positive changes in the last few years. The US real estate industry includes about 351,000 companies with combined annual revenue of about $469 billion. In Puerto Rico, since hurricane Maria, the real estate sector continues to be a driver, particularly during the pandemic where the housing market had more demand than supply.
New developments in technology and how people are using real estate is disrupting the industry. We pair our expertise, experience, and the latest technology to innovate and optimize our client’s business models. Our deep understanding of tenants, market trends, nontraditional data, geospatial analysis, and experience help make better decisions for space acquisition, development, and use. Some indicators include:
Total used and new housing sales in the United States and Puerto Rico
Average new and used housing prices in the United States and Puerto Rico