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Tuesday, January 28, 2020

Puerto Rico faces uneven and underfunded recovery

In the commonwealth of Puerto Rico, still unsettled after a protest movement and still recovering from 2017’s record-setting Hurricane Maria, the real estate market...

Puerto Rico’s Housing Market is gaining momentum.

Puerto Rico’s housing market is gaining momentum, after several years of house price falls. During the year to Q2 2019, the seasonally-adjusted purchase-only house...

P.R.’s Acts 20, 22 add 36K jobs, inject $1.2B

Puerto Rico’s Act 20 and Act 22 have generated 36,222 jobs and $1.2 billion in investments on the island from 2012 to 2019, a...

Industry study shows P.R. home prices spike in several markets

The price of homes in the towns of Dorado, Humacao, Ponce, Aguadilla, and Isabela are going up and, in some cases, are even surpassing...

P.R.’s Medical Cannabis Market on Verge of Saturation.

Local startup Abexus Analytics recently published Puerto Rico’s first “Medical Cannabis Market Saturation Index” that offers details on the local areas with potential market...

Puerto Rico’s Population Decline

Over the last decade, a group of demographers has raised their voices concerning Puerto Rico’s population decline. Probably the most accessible and comprehensive text...

Puerto Rico Consumer Spending shrinks by 9%

Puerto Rico Consumer Spending — which contracted by an average of 1.8% annually during the period — measures the goods and services purchased by...

Properties Close to Public Transit Enjoy Increase Values

According to a new report by the American Public Transportation Association and the National Association of Realtors, neighborhoods located within a half mile of...

Puerto Rico’s housing market improving

Puerto Rico’s seasonally-adjusted (and inflation-adjusted) purchase-only house price index rose by 3.14% during the year to Q1 2019, from annual declines of 7.54% in...

BEA Working on Project to Estimate Puerto Rico’s GDP

The Bureau of Economic Analysis plans to produce new economic data for Puerto Rico this year that could lay the groundwork for later estimating...