Overview
- Home sales rose 22% year over year in September with more than 2,000 units sold monthly, and market absorption reached 4.3% in the third quarter, one of the highest recent readings.
- Callao’s transactions climbed from roughly 200 last year to more than 1,000 in 2025, driven by large projects from Imagina and Cosapi and a local VIS rule, with new opportunities along Avenidas Argentina and Colonial.
- Total housing stock expanded 16% to exceed 50,000 units, equal to about 22 months of inventory, while immediate‑delivery options account for less than 10% of supply.
- Buyer preferences center on 60–70 m² apartments with two or three bedrooms, and more than 80% of purchases target projects sold off‑plan or under construction.
- Prices in Lima have been broadly stable with about a 1.5% cumulative rise over two years, even as price‑per‑m² remains below 2021 peaks and steady mortgage rates support purchasing.