This September 2023, there was a total of 902 units sold for all categories, representing a 10.34% decrease from August 2023 and an even greater decrease of 10.43% when compared to September 2022. The price per housing unit, on the other hand, has maintained itself rather consistent for the most recent months, averaging approximately $219,363 per unit. This is a 12.68% increase compared to August...Read More
Un nuevo y sangriento conflicto ha estallado en el medio oriente, otra vez Israel y palestinos se enfrentan en una guerra provocada por los ataques del grupo Hamas del pasado 7 de octubre. Ya se habla de sobre 3,000 muertos en ambos lados, lo cual es una tragedia. Este es el segundo conflicto bélico que amenaza con desestabilizar aún más a la economía global. La...Read More
The U.S. economy grew during Q2 2023, blowing past economist expectations and tamping down concerns about a possible recession. Gross domestic product (GDP) grew by a 2.1% compared to Q1 2023. That growth showed a cooling from the 2.6% growth displayed in the quarter before that. Brent Crude Oil, an internationally recognized benchmark, reached just below $95 per barrel on Wednesday, marking its highest price...Read More
En tiempos de crisis, la historia siempre es una buena herramienta para entender el presente, y poder proyectarnos hacia al futuro. Desde el siglo 19 al presente, la economía de Puerto Rico ha pasado por diversos ciclos o transformaciones. Siempre, los puertorriqueños se las han arreglado para superar los desafíos económicos y salir airosos. Cuando miramos hacia el pasado, si algo ha sido constante en...Read More
The U.S. economy grew during Q2 2023, blowing past economist expectations and tamping down concerns about a possible recession. Gross domestic product (GDP) grew by a 2.1% compared to Q1 2023. That growth showed a cooling from the 2.6% growth displayed in the quarter before that. The heightened growth stems from an increase in consumer and government spending, as well as a jump in business...Read More