• 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 purchases rise 3.4% in August but are down 2.3% so far this year

FinanceInternationalEL PAÍS30 s readAI summary
Image: EL PAÍS

Home sales reached 49,319 transactions in August, up 3.4% from the same month a year earlier but 19.7% below July, according to INE. So far this year they total 458,200, down 2.3% from the same period in 2025. That month, 33,841 mortgages for home purchases were signed, up 2.3% year on year and 22% less than in July.

In 30 seconds

  • Home sales rose 3.4% year on year in August to 49,319 transactions
  • Compared with July, transactions fell 19.7%, a usual pattern due to summer seasonality
  • Year to date, 458,200 home sales are recorded, 2.3% fewer than in the same period of 2025
Read the full story at EL PAÍS

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

Comments

Be respectful. Comments reported by several people are hidden until a moderator reviews them.

You do not need an account to read, only to comment. Sign in with a code sent to your email or with your Google account. We only show the name you choose, never your email.

    Keep reading