New home sales in Santiago plummeted 48% in 2020

New home sales in Santiago fell 48.4% in units and 47.1% in thousands of financial units (MUF), due to the COVID-19 pandemic in 2020, according to a GfK Adimark Real Estate Supply report. According to the study, this is the lowest figure in 20 years, comparable only to the impact of the Asian crisis.

Source: Emol