Up to 14,000 social housing could be placed in 2022

The social housing it continues to be a key factor in the recovery of the real estate sector.

According to the Peruvian Chamber of Construction (Capeco), at the end of this year, the social housing figures would close with 12,570 loans from the Mivivienda Fund granted. This level is the second highest since the program was created.

In addition, Capeco’s executive director, Guido Valdivia, pointed out that If more state resources are granted, up to 14,000 social housing units could be placed in 2022.

“We calculate that the market could easily accept 15% more than what has been sold. For example, if it is 12,000 now, it could easily be 14,000 next year, both in Mivivienda as a new home, the roof is immense “, projected Valdivia during the teleconference of the Economic Report on Construction.

Materials on the rise

On the other hand, the construction union indicated that the prices of construction materials and supplies continue to rise and it is expected that during the first months of 2022 they will continue that trend.

Thus, according to the expectations survey carried out by Capeco, it showed that the prices of construction materials would grow a total of 15% in the period May 2021 and April 2022.

These higher costs have caused property developers to project that home prices will increase by 4.9% in the same period.

House price

According to a study by the Properati platform, the average cost per square meter of housing in Jesús María is US $ 1,713. While San Isidro has a value of US $ 2,415 per square meter.

According to the report, San Isidro is ranked seventh in the most expensive areas to live in Latin America. The ranking is led by Puerto Madero, in Buenos Aires.

The word

Guido Valdivia, executive director of Capeco.

“If they are 12,000 [viviendas vendidas] now, it could easily be 14,000 next year, both in Mivivienda and new housing. It is very likely that the non-social housing also grow ”.