The real estate transaction value in the real estate market in Colombia was forecast to continuously increase between 2024 and 2029 by in total 2.1 billion U.S. dollars (+16.76 percent). After the eleventh consecutive increasing year, the indicator is estimated to reach 14.66 billion U.S. dollars and therefore a new peak in 2029. Notably, the real estate transaction value of the real estate market was continuously increasing over the past years.
Find more key insights for the real estate transaction value in countries like Mexico, Ecuador, and Uruguay..
Data provided by Statista Market Insights are estimates.
Definition:
The real estate market refers to the transaction of properties, including residential properties (such as houses and apartments) and commercial properties, such as office buildings and industrial properties. Apart from property sales, this market includes leases and the value of real estate.
Structure:
The real estate market comprises residential and commercial real estate. The residential real estate market covers real estate transactions and leases, and residential real estate leases are divided into apartment and house leases.
Additional information:
The market contains the following KPIs: real estate value aggregated for all countries and regions, average real estate value, real estate transaction revenue, number of real estate sold, number of leased and owned real estate, average room per resident, and dwelling type shares. The dwelling type shares comprise the share of the population that lives in houses and apartments. These shares are displayed for real estate owners and real estate renters as well.
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Statista. (July 19, 2024). Revenue in the real estate market in Colombia from 2018 to 2029 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 24, 2024, from https://www.statista.com/statistics/1397512/revenue-real-estate-market-colombia/
Statista. "Revenue in the real estate market in Colombia from 2018 to 2029 (in billion U.S. dollars)." Chart. July 19, 2024. Statista. Accessed November 24, 2024. https://www.statista.com/statistics/1397512/revenue-real-estate-market-colombia/
Statista. (2024). Revenue in the real estate market in Colombia from 2018 to 2029 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 24, 2024. https://www.statista.com/statistics/1397512/revenue-real-estate-market-colombia/
Statista. "Revenue in The Real Estate Market in Colombia from 2018 to 2029 (in Billion U.S. Dollars)." Statista, Statista Inc., 19 Jul 2024, https://www.statista.com/statistics/1397512/revenue-real-estate-market-colombia/
Statista, Revenue in the real estate market in Colombia from 2018 to 2029 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1397512/revenue-real-estate-market-colombia/ (last visited November 24, 2024)
Revenue in the real estate market in Colombia from 2018 to 2029 (in billion U.S. dollars) [Graph], Statista, July 19, 2024. [Online]. Available: https://www.statista.com/statistics/1397512/revenue-real-estate-market-colombia/
