Puerto Rico Housing Market Off to Slow Start in 2022

Intelligent Economics > Blog > Puerto Rico Housing Market Off to Slow Start in 2022

There were 883 total housing units sold in Puerto Rico during the month of February 2022. Compared to February 2021, sales were down by 263 units, or 22.9%. Compared to January 2022, sales decreased by 153 units, or 14.8%. Out of these sales, 73 were new housing units and the rest, 810, were used housing units. The average price of a housing unit sold during February was $170,905. Compared to February 2021, this was a decrease of 2.2%.

Source: OCIF

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