With Puerto Rico suffering extensive storm destruction, there were many concerns about the long-lasting effects on its real estate industry. With this in mind, we generated an overview of the island’s housing sector nine months after the disastrous event occurred.
This study evaluates to what extent Hurricane Maria affected the Puerto Rico real estate market. We analyzed asking prices for homes sold on the island, before and after the natural disaster. We looked into the current demand for real estate in Puerto Rico by checking traffic patterns in Google, as well as on Point2 Homes, one of the top real estate websites for Americans and Canadians looking to buy property on the island. Continue Reading>>
