53.7 F
San Juan
Monday, September 21, 2020

Puerto Rico restaurant sales at $1.9B for 2019, down 6.5%

Puerto Rico’s restaurant industry generated more than $1.9 billion in 2019, a decrease of 6.5% compared to 2018, according to an economic study commissioned...

Sale of Residential Real Estate Increases

In Dec. 2019, out of the 944 homes sold, 50 were new and 894 had been previously owned. When compared to Dec. 2018, this...

More than 250,000 empty homes in Puerto Rico.

According to an investigation by the Center for Puerto Rican Studies at Hunter College in New York and the School of Planning at the...

Existing Home Sales Up for 2019

With 11,163 homes sold, 2019 was the year in which more residences were sold through mortgages in the last 7 years, according to the...

Puerto Rico New Home Sales Slump 26.5%

New home sales in Puerto Rico dropped 26.5% during the months of July- September 2019 compared to previous period 2018.

Municipalities with less population in Puerto Rico

The Census Bureau of the United States reveals that among the towns with less population on the island are the islands of Vieques and...

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...