The real estate transaction value in the real estate market in Colombia was modeled to be ************* U.S. dollars in 2024. Following a continuous upward trend, the real estate transaction value has risen by ************ U.S. dollars since 2017. Between 2024 and 2029, the real estate transaction value will rise by ************ U.S. dollars, continuing its consistent upward trajectory.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Real Estate.

Key information about House Prices Growth

• Colombia house prices grew 9.1% YoY in Dec 2024, following an increase of 10.4% YoY in the previous quarter.
• YoY growth data is updated quarterly, available from Mar 1998 to Dec 2024, with an average growth rate of 8.3%.
• House price data reached an all-time high of 19.2% in Sep 2007 and a record low of -4.0% in Sep 2000.

Prices for newly built residential properties in Colombia rose gradually between 2006 and 2021, followed by a decrease in 2022. Bogota measured the highest house price increase, with an index value of almost *** as of October 2022. This means that since 2006, the base year for the index, house prices increased by ** percent. In Cali, the index value during the same period was *****, or about ** percent increase since 2006.

Prices for existing homes in Colombia rose gradually between 2006 and 2021. Bogota measured the highest house price increase, with an index value of almost *** as of December 2021. This means that since the base year of the index (1990), house prices increased by approximately ** percent. In Medellin, the index value during the same period was *****, or about ** percent increase since 1990.

The Latin American office real estate market, encompassing key nations like Brazil, Mexico, Colombia, and Chile, exhibits robust growth potential. Driven by expanding economies, increasing urbanization, and a burgeoning technology sector, the market is projected to maintain a Compound Annual Growth Rate (CAGR) exceeding 5.5% from 2025 to 2033. Significant investments in infrastructure and a rise in foreign direct investment further fuel this expansion. However, economic volatility in certain regions and potential regulatory hurdles pose challenges. The market segmentation reveals Brazil and Mexico as leading contributors to overall market size, benefiting from robust economic activity and substantial corporate presence. Colombia and Chile also contribute significantly, with a growth trajectory closely linked to their respective economic performance and attractiveness to international businesses. While precise market sizing for 2025 is unavailable, leveraging the provided CAGR and assuming a 2024 market size of approximately $100 billion USD (a plausible estimate considering the scale of the economies involved), the market size for 2025 can be estimated to be around $105.5 billion USD. This growth is expected to continue, with further expansion fueled by the increasing demand for modern and sustainable office spaces, particularly in major metropolitan areas. Competition among major players like CBRE Group, Cushman & Wakefield, and local firms such as OAS S.A. and Andrade Gutierrez S.A., is intensifying, leading to innovation in design, technology integration, and sustainable building practices. The market is also witnessing increased adoption of flexible workspaces and co-working models, catering to evolving corporate needs. This demand for flexible solutions is likely to drive further investment and growth in specific segments of the market. Long-term prospects remain positive, though careful consideration of macroeconomic factors and localized market conditions is crucial for successful investment and strategic planning. The forecast period from 2025 to 2033 presents lucrative opportunities, particularly for companies offering innovative and sustainable solutions tailored to the specific needs of different markets within Latin America. Recent developments include: June 2022: Patria Investments ('Patria'), a global alternative asset manager, acquired VBI Real Estate ('VBI'), one of the top independent alternative real estate asset managers in Brazil, with approximately USD 75 Million in assets under management across both development and core real estate vehicles. The transaction is structured in two stages, the first of which entails the acquisition of 50% of VBI by Patria. The second stage, when closed, will lead to full ownership and integration of VBI to Patria's platform, January 2022: Brazilian real estate group SYN Prop e Tech has enlisted US firm Paul Hastings LLP and local firm Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados to sell its stake in a portfolio of office buildings in São Paulo to Canadian asset management fund Brookfield for 1.8 billion reais (USD 318 million).. Notable trends are: Demand for Grade-A Offices, Co-working Offices to Rise.

In the third quarter of 2022, house prices in Colombia decreased by more than **** percent from the same quarter in 2021 when accounting for inflation. This was the third quarter in a row with a house price decrease. The largest drop in house prices was seen in the first quarter of 2022 at almost ***** percent.

The Latin American commercial real estate (CRE) market presents a compelling investment opportunity, exhibiting robust growth projected to continue through 2033. Driven by factors such as increasing urbanization, a burgeoning middle class, and expanding e-commerce logistics needs, the market is expected to experience a Compound Annual Growth Rate (CAGR) exceeding 4.00%. Significant investment in infrastructure development across key economies like Brazil, Mexico, and Colombia further fuels this expansion. The office, retail, and logistics segments are particularly strong, mirroring global trends. While the hospitality sector faced challenges during recent economic downturns, a recovery is anticipated fueled by a return to international tourism and domestic travel. The rise of flexible workspaces and the growing demand for sustainable buildings are shaping the sector's future, influencing development strategies and tenant preferences. Competition among developers and real estate agencies is fierce, with established national players and international firms vying for market share. This dynamic environment promotes innovation and ensures a diverse range of services and investment opportunities. Despite the positive outlook, several factors warrant consideration. Economic volatility in certain Latin American nations poses a risk, potentially impacting investment decisions and development timelines. Regulatory hurdles and bureaucratic processes can also create delays. However, the overall growth trajectory remains promising, especially with the increased focus on sustainable development and environmentally conscious building practices. The ongoing diversification of the economy across Latin America, supported by technological advancement and a growing digital presence, is a further contributor to the long-term strength and resilience of the commercial real estate sector. This expansion will undoubtedly present significant opportunities for domestic and international investors seeking exposure to emerging markets with high growth potential. Recent developments include: November 2022: Colliers CAAC, a regional holding company that currently holds exclusive sublicenses for Central America, the Caribbean and certain Andean countries from Colliers International, announced the acquisition of a Costa Rican real estate consultancy., January 2022: Colombian real estate startup Habi backed by SoftBank Group. acquired Mexican rival OKOL.. Notable trends are: Recovery in Premium Office Segment Boosting Commercial Real Estate Market in Latin America.

The objective of this study was to measure the effect of the distance between homes and the stations of the integrated public transportation system in Medellín on home prices. The hedonic models used here were calculated using ordinary least squares (OLS) and two spatial econometric models: the spatial autoregressive (SAR) model and the spatial error model (SEM). The results obtained indicate that the stations of this transportation system have an impact on home prices depending on the income level of the district where they are located.

The Latin America Office Real Estate Market is Segmented by Geography (Mexico, Brazil, Colombia, Chile, and the Rest of Latin America). The report offers market size and forecasts in values (USD billion) for all the above segments.

Latin America Real Estate Market is Segmented by Type (Office, Retail, Industrial, Logistics, Multi-family, and Hospitality) and by Country (Brazil, Argentina, Mexico, Chile, Colombia, Peru, and the Rest of Latin America). The market size and forecasts for all the above segments in value (USD billion).

A comprehensive latest dataset of Washington DC’S housing market. This dataset includes key metrics such as median sale price, number of homes sold, and inventory levels, updated monthly.

Graph and download economic data for All-Transactions House Price Index for the District of Columbia (DCSTHPI) from Q1 1975 to Q2 2025 about DC, appraisers, HPI, housing, price index, indexes, price, and USA.

Occidente de Bogotá was the area with the highest rent for industrial and logistics real estate in Bogota in the first half of 2022. The square meter rent amounted to *** U.S. dollars per square meter in that period. Calle **, which was the submarket with the most warehousing stock had the second highest rent, amounting to *** U.S. dollars per square meter per month.

Bogotá had the highest average monthly rent for retail real estate among the major cities in Colombia in 2024. In the second quarter of the year, the average monthly rent was approximately ******* Colombian pesos per square meter, that was ***** Colombian pesos in average less than in 2023. Medellín followed closely, with an average monthly rent of over ******* Colombian pesos per square meter. Out of the four markets under observation, Medellín and Cali were the only ones where rents increased between the second quarter of 2023 and the second quarter of 2024.

The Latin American residential construction market exhibits robust growth potential, projected to reach a market size of approximately $XX million by 2025, growing at a Compound Annual Growth Rate (CAGR) of 4.50% from 2025 to 2033. This expansion is driven by several key factors. Increasing urbanization across the region fuels demand for affordable and luxury housing, particularly in rapidly developing cities. Government initiatives focused on infrastructure development and affordable housing programs further stimulate market activity. Moreover, rising disposable incomes and a growing middle class are enhancing purchasing power, enabling more individuals to invest in homeownership. However, economic volatility, fluctuations in construction material prices, and regulatory hurdles pose challenges to sustained growth. The market is segmented by housing type (e.g., apartments, single-family homes), location (urban vs. rural), and price range. Key players in the market, such as Somague-Engenharia S.A., Constructora VDZ SpA, and Besalco S.A., are strategically focusing on sustainable construction practices and technological advancements to enhance efficiency and appeal to environmentally conscious consumers. The market's future hinges on effectively addressing these challenges while capitalizing on the favorable demographic and economic trends. The competitive landscape is marked by both large multinational corporations and regional players, each employing diverse strategies to gain market share. Competition is intense, with companies focusing on differentiation through specialized services, innovative construction techniques, and targeted marketing campaigns. Emerging trends include the increasing adoption of prefabricated construction methods, the growing importance of green building standards, and the integration of smart home technologies. The historical period (2019-2024) likely saw fluctuating growth rates depending on regional economic conditions and specific policy changes, providing a baseline for understanding the market's trajectory leading up to the projected growth in the forecast period. The continued success of the Latin American residential construction market depends heavily on maintaining macroeconomic stability, ensuring access to financing, and adapting to evolving consumer preferences. Key drivers for this market are: 4., Increasing demand for green construction to reduce carbon footprint4.; Introduction of technology for manufactruing the of building construction material. Potential restraints include: 4., High cost of purchasing the equipment for development and manufacturing of various construction material. Notable trends are: Social Rental Drive.

The Latin American home mortgage finance market, valued at approximately $XX million in 2025, is projected to experience steady growth, exhibiting a Compound Annual Growth Rate (CAGR) of 3.00% from 2025 to 2033. This growth is fueled by several key drivers, including increasing urbanization, rising disposable incomes across various socioeconomic segments, and government initiatives aimed at boosting homeownership rates. Furthermore, the expansion of the formal financial sector and the availability of innovative mortgage products, such as adjustable-rate mortgages catering to diverse financial profiles, contribute to market expansion. However, economic volatility in certain Latin American nations and fluctuating interest rates pose significant challenges. The market is segmented by mortgage type (fixed-rate and adjustable-rate), loan tenure (ranging from under 5 years to over 25 years), and geography, with Brazil, Chile, Colombia, and Peru representing significant market shares. Competition is intense, with major players including Caixa Economica Federal, Banco do Brasil, Itaú, Bradesco, Santander, and others vying for market dominance. The market's future trajectory hinges on managing economic instability, maintaining affordable interest rates, and continuing to improve access to credit for a broader range of borrowers. The segment analysis reveals that fixed-rate mortgages currently dominate the market, though adjustable-rate mortgages are gaining traction due to their flexibility. Longer-tenure mortgages (11-24 years and 25-30 years) are increasingly popular as borrowers seek more manageable monthly payments. Geographically, Brazil holds the largest market share, reflecting its substantial population and relatively developed financial sector. However, Chile, Colombia, and Peru are showing promising growth potential, driven by improving economic conditions and increased government support for housing initiatives. The Rest of Latin America segment offers considerable untapped potential. Continued economic development and infrastructure improvements in these regions will be instrumental in further propelling market growth in the coming years. A focus on financial literacy and responsible lending practices will be essential for sustainable market development and to mitigate potential risks associated with rapid expansion. Recent developments include: In August 2022, Two new mortgage fintech start-ups emerged in Latin America: Toperty launched in Colombia and Saturn5 is about to launch in Mexico. Toperty offers to purchase a customer's new house outright and provides a payment schedule that allows the customer to purchase the house while renting it from the business. Saturn5 wants to give its clients the skills and resources they need to buy a house on their own., In August 2022, During a conference call on August 5, Brazilian lender Banco Bradesco SA startled analysts by reporting an increase in default rates in the second quarter of 2022. The average 90-day nonperforming loan ratio for Bradesco, the second-largest private bank in Latin America, increased by 30 basis points. Delinquency in the overall portfolio increased to 3.5% from 2.5% and 3.2%, respectively, in the first quarter.. Notable trends are: Increase in Economic Growth and GDP per capita.

Comprehensive dataset of 564 Real estate agencies in District of Columbia, United States as of August, 2025. Includes verified contact information (email, phone), geocoded addresses, customer ratings, reviews, business categories, and operational details. Perfect for market research, lead generation, competitive analysis, and business intelligence. Download a complimentary sample to evaluate data quality and completeness.

Explore Columbia, SC rental market 2025. The average long-term prices $1,540 and short-term $2,174, with trends shaping housing in a city of 138,019 residents.

Colombia CO: Real GVA per Person Employed: Annual Growth: Business Sector Services excluding Real Estate data was reported at 1.680 % in 2022. This records a decrease from the previous number of 3.970 % for 2021. Colombia CO: Real GVA per Person Employed: Annual Growth: Business Sector Services excluding Real Estate data is updated yearly, averaging 1.720 % from Dec 2016 (Median) to 2022, with 7 observations. The data reached an all-time high of 3.970 % in 2021 and a record low of -0.280 % in 2016. Colombia CO: Real GVA per Person Employed: Annual Growth: Business Sector Services excluding Real Estate data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Colombia – Table CO.OECD.PDB: Gross Value Added: Per Person Employed: OECD Member: Annual.

Colombia CO: Real GVA per Person Employed: Index: Business Sector Services excluding Real Estate data was reported at 114.630 2015=100 in 2022. This records an increase from the previous number of 112.740 2015=100 for 2021. Colombia CO: Real GVA per Person Employed: Index: Business Sector Services excluding Real Estate data is updated yearly, averaging 105.695 2015=100 from Dec 2015 (Median) to 2022, with 8 observations. The data reached an all-time high of 114.630 2015=100 in 2022 and a record low of 99.720 2015=100 in 2016. Colombia CO: Real GVA per Person Employed: Index: Business Sector Services excluding Real Estate data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Colombia – Table CO.OECD.PDB: Gross Value Added: Per Person Employed: OECD Member: Annual.