The production in the Chilean real estate activities sector showed significant fluctuations over the years. After peaking in 2015 with a notable year-on-year increase of 93.96%, the sector experienced a sharp decline in 2016 followed by rebounds and declines. As of 2023, the sector stood at 5.0678 trillion Chilean Pesos, reflecting a 1% year-on-year growth, and a five-year CAGR of 4.57%. Future forecasts suggest moderate growth with a steady increase up to 5.3156 trillion Chilean Pesos in 2028, implying a five-year CAGR of 0.81%.
Future trends to watch for in the Chilean real estate sector include:
- Impact of policy changes and government regulations on real estate investments.
- Trends in foreign direct investment influencing market dynamics.
- Technological advancements in property management and sales.
