Total housing sales in the month of September were 2.2 million or 1.5% higher than sales during the month of August. Compared with September of 2018, sales were up $21 million, or 17%. Since new housing unit sales were down on a year over year and month over month basis, it was growth in used housing unit sales that drove this month’s rise in total sales.
Total housing unit sales have gone up since Hurricane María. The average amount of units sold in the year to date during 2015 and 2016 was 8,024. There have been 8,416 total units sold this year which means we are outperforming the previous average by 4.8%.
For more in depth analysis, visit economiapr.com/services