194,000 housing units were sold in 2020 and a further 209,000 are projected for 2021

Last year was a period of recovery for the construction sector, breaking an all-time record with more than 194,000 housing units sold. This optimism, boosted by 200,000 government subsidies to the VIS and non VIS segments, led the Construction Chamber (Camacol) to project 209,000 new housing units this year, of which 149,000 have already been started. This projection represents a growth of 8.6% for the sector.