Latin American real estate and agricultural sectors show divergent trends

Latin American real estate and agricultural sectors are showing divergent trends. In the Dominican Republic, Banreservas reported RD$11,247 million in approved financing for 2,050 housing requests during Expohogar 2026, marking a 60.7% growth from the previous edition. However, some reports indicate an accumulation of inventory in the medium and medium-high apartment segments due to rising mortgage interest rates.

In Argentina, the mortgage market has faced a significant contraction. Data from Banco Hipotecario shows a 42.1% year-on-year drop in mortgage approvals for the first half of 2026, with total approvals reaching 11,607 compared to 20,035 in 2025. While the broader real estate market remains somewhat resilient, financing conditions have tightened, with average rates at 7.02%. In the agricultural sector, Coninagro reports improved purchasing power for cattle and major grains like soy and wheat, though dairy and some regional economies face challenges.

In Uruguay, the real estate market remains dynamic, particularly in Maldonado, which has become the country’s second most active region for property transactions. Meanwhile, in Paraguay, a housing deficit of 1.5 million units is being viewed as a significant investment opportunity alongside a strong agricultural economy.