The U.S. subprime crisis is having a minimal impact on Latin America’s fast-growing real estate sector. Brazil, Mexico and Chile lead the way.

“While the U.S. subprime crisis is causing concern in the United States, Latin America’s real estate sector is seeing continued strong demand, helped by record investments, growing economies and years of pent-up demand for new property.

“Clearly the credit crunch in North America has harmed consumer confidence and put some investors on the sidelines waiting to see what it really means,” says Blake Hutcheson, president of CBRE Canada and Latin America. “However, there’s still an outrageous amount of capital – all focused on real estate – globally, and Latin American markets are very much in vogue.”"*

Stumble it! | |

Other posts that may interest you

Latin Business Chronicle asks leading experts about the outlook for Mexico's real estate sector.

Medellin's real estate sector is growing. Can it even become the next Panama or Costa Rica?

Santiago real estate sector is growing, but demand from local and foreign companies is far larger than supply.

New Duo to Lead The National Association of Hispanic Real Estate Professionals (NAHREP)

Mexican Economy Will Weather U.S. Housing Slump, Carstens Says

Immigrants hit hard by US slowdown, subprime crisis

Growing Hispanic Population Fuels Growth in Retail, Multifamily Sectors, PREI(R) Report Says

Realogy, Diamond Sponsor of the National Association of Hispanic Real Estate Professionals’ Convention

Real Estate Professionals for Community Awareness (R.E.P.C.A) in Chicago, Illinois

Top 5 Mexican Real Estate Markets