Camacol blames Petro's government for housing investment slump: share of GDP fell from 5% to 2.9%
Guillermo Herrera, president of Camacol, said at the opening of the 2026 Colombian Construction Congress that housing investment fell from about 5% of GDP to 2.9% in the first half of 2026. He cited an IDB estimate that Colombia stopped producing around COP 47 trillion in value added from building activity, and pointed to falling sales, the closure of Mi Casa Ya and the deterioration of dialogue with the government as drivers of the slowdown.
In 45 seconds
- Housing investment fell from about 5% of GDP to 2.9% in the first half of 2026, according to Camacol.
- The guild cited an IDB estimate: Colombia stopped producing around COP 47 trillion in value added from buildings, equivalent to about 2.5% of 2025 GDP.
- Sales went from 262,000 units in 2022 to 164,000 in the 12 months through September 2026, and housing starts are at their lowest level since October 2011.
Read the full story at El Colombiano
IASummary generated by artificial intelligence from a story by El Colombiano. It may contain errors: the original source prevails.
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