Fynsa
Despite the caution in monetary policy, short UF durations have clear advantages in terms of stability and profitability.
With the economy gradually recovering, albeit with uncertainty as to the speed of interest rate reductions, 2025 promises to be a pivotal year for the real estate industry.
The fact that the risks have not materialized does not mean that they may not do so, but at a later date. External pressures and the weakness of the peso could reactivate inflation in 2025.
At the end of the year, Peru stood out in the region for its inflation control and monetary stability, reflecting a more stable economy.
Based on historical averages, the economy could normalize, but political discussions and lack of market dynamism complicate the outlook.
2025 is projected to be a year of moderate growth in Chile, with good returns for fixed income and equity investors.
The Federal Reserve's monetary policy is driving winds of change in the U.S. multifamily market, offering new opportunities and challenges for investors and developers, although not without inherent risks.
We project a further 25bp cut at the December meeting, which would end 2024 at 5.0%. As we estimate the neutral rate at 4.25%, three more cuts should occur during the first half of next year, with room for some pauses only if needed due to the economic situation.
In a scenario of record mortgage rates and a constantly rising UF, for many Chileans, the dream of owning their own home has become increasingly complicated.
Donald Trump's surprise victory in the U.S. presidential election has left many wondering about its consequences. Will his second administration be as negative as feared?
