Barranquilla's new housing sales grow 4.6 times national average

In 2025, Barranquilla saw a 58.39% rise in new housing sales, outpacing the national growth of 12.45% by 4.6 times, per Camacol Atlántico data. Mayor Alejandro Char credited the 'Mi Techo Propio' subsidy program for this performance. The increase occurred across all housing market segments.

Barranquilla ended 2025 with 10,870 new homes sold, a 58.39% increase from the 6,863 units in 2024, according to the Camacol Atlántico report. This outcome contrasts with the national average of 12.45%, meaning the city grew 4.6 times faster than the rest of the country in No VIS, VIP, and VIS housing sales.

Mayor Alejandro Char highlighted the achievement on his X account: “¡Barranquilla crece 4,6 veces más en la venta de vivienda nueva que el resto del país! De acuerdo con un informe de @CamacolColombia, nuestra ciudad cerró el 2025 con una variación del 58.39% frente al 2024 en la venta de vivienda No VIS, VIP y VIS, mientras que el país mostró una variación del 12.45%”. He added: “esto demuestra que en Barranquilla cada vez más familias están cumpliendo el sueño de tener casa propia, gracias al subsidio distrital de vivienda ‘Mi Techo Propio’. ¡Y vamos por más!”.

The breakdown by segments shows gains across the board: No VIS with 3,208 sales (+73.78%), VIP with 2,339 (+40.31%), and VIS with 5,323 (+58.90%). After a slowdown between 2022 and 2023, Barranquilla's housing market resumed growth in 2024 and solidified it in 2025, reflecting sustained demand reactivation.

Nationally, President Gustavo Petro has pointed out that the housing sector's lower dynamism stems from high interest rates set by the Banco de la República, which discourage credit uptake. He noted that the government cut subsidies because they ended up in bank trusts unused, and suggested measures like removing tariffs on cement to lower prices. Additionally, the Ministry of Housing released a draft decree to set VIS and VIP prices in pesos, with caps at 135 and 90 minimum wages, respectively.

Related Articles

Realistic illustration of Colombia's 2025 GDP growth at 2.6%, featuring cultural events, consumption, and a growth chart below expectations amid declining investment.
Image generated by AI

Colombia's gdp growth in 2025 reached 2.6%

Reported by AI Image generated by AI

The National Administrative Department of Statistics (Dane) reported that Colombia's economy grew 2.6% in 2025, below expectations of 2.8%. In the fourth quarter, GDP expanded 2.3%, driven by household consumption, the public sector, and cultural activities like concerts. Investment fell 2.9%, the lowest level in two decades.

In 2025, Bogotá recorded 49,883 housing starts, the highest since 2001, up 11.3% from 2024. Sixty-one percent were social and priority interest housing. The Habitat Secretariat highlights the impact on families and job creation.

Reported by AI

President Gustavo Petro blamed the Banco de la República's high interest rates for the housing sector's contraction, which has seen 10 consecutive quarters of decline. The leader stated that these positive and growing real rates have prevented users from affording payments. Analysts, however, emphasize the drop in social interest housing as the main factor.

Davivienda's Purchasing Managers' Index (PMI) for Colombia's industrial sector ended in growth territory in December 2025, despite a slight drop from November. The bank highlights a favorable environment throughout the year, with improved operational conditions due to new business inflows. Firms expect expansion in 2026 driven by marketing and technology investments.

Reported by AI

Fenalco's Economic Logbook reveals a decline in business optimism for 2026, with only 34% of respondents expecting improvements in their operations over the next six months. While November saw a sales boost from Black Days, uncertainty about consumption weighs on the commercial sector. The report highlights transformations in shopping malls and threats from platforms like Shein and Temu.

In November 2025, real estate purchase deeds in Buenos Aires dropped 8.8% compared to the same month in 2024, with 5,250 operations signed. Despite the decline, the total transaction value rose 51.5% year-over-year to $885.985 million pesos. The sector is slowing down, affected by fewer mortgages, according to the College of Notaries.

Reported by AI

The Ministry of Housing, alongside the Superintendency of Public Services, held a coordination session in Riohacha to bolster the sustainability of water projects in La Guajira. An additional investment exceeding $600 billion will directly benefit over 145,000 people through public fountains and system improvements. The aim is to speed up implementation and ensure long-term operation of these vital works.

 

 

 

This website uses cookies

We use cookies for analytics to improve our site. Read our privacy policy for more information.
Decline