• TRM (USD/COP)COP 3,235.59 +1.65% +COP 52.60Colombia's official exchange rate (Financial Superintendence), valid Nov 4 to Nov 4
  • EuroCOP 3,617.08 +1.72% +COP 61.02Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote
  • Mexican pesoCOP 173.98 +3.35% +COP 5.64Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote

Home sales rise 3.4% year-on-year in August, with 49,319 transactions

FinanceInternationalEl Español30 s readAI summary
Image: El Español

Home sales resumed their upward trend after rising 3.4% year-on-year in August to 49,319 transactions, following July's 5.1% decline. New-home transactions grew 4.9% (10,521) and second-hand home sales rose 3% (38,798). Mortgages on homes increased 2.3% to 33,841 loans, their highest figure for an August since 2022, with an average interest rate of 3.08% and an average amount of 181,285 euros.

In 30 seconds

  • Home sales rose 3.4% year-on-year in August to 49,319 transactions, after July's 5.1% decline
  • New homes grew 4.9% (10,521 transactions) and second-hand homes 3% (38,798)
  • Mortgages on homes increased 2.3% to 33,841 loans, a record for an August since 2022
Read the full story at El Español

IASummary generated by artificial intelligence from a story by El Español. It may contain errors: the original source prevails.

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