Construction sector shows divergent trends in Colombia and Peru
In Colombia's Antioquia region, the housing market is slowing as families and investors postpone purchases amid uncertainty over subsidies, regulatory changes and higher financing costs. Camacol Antioquia manager Eduardo Loaiza Posada said sales of about 9,600 homes in the first half of the year fell 18 % compared with the same period last year, and mortgage rates have risen to roughly 14.7 %, pressuring buyers and builders.
Meanwhile, Peru's construction industry reported strong growth in the first half of 2026, with the sector’s gross domestic product expanding 11.8 % and marking fourteen consecutive months of expansion. Capeco executive Guido Valdivia highlighted robust activity driven by residential demand, mining investment, and the Obras por Impuestos tax‑incentive program, noting a 13 % rise in mortgage loans and record public‑private infrastructure projects such as Lima’s Metro Line 2.
Entities: Antioquia · Camacol Antioquia · Capeco · Eduardo Loaiza Posada · Guido Valdivia