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prima:Average home price in Puerto Rico rises 25%

Along with the increase in the 30-year fixed mortgage interest rate, this situation has contributed to fewer Puerto Ricans being able to own a home

September 11, 2024 - 11:18 AM

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This content was published more than 4 months ago.
According to the Technical Studies Affordable Housing Index, a person seeking a mortgage loan today would only have 54% of the income required to qualify. (Shutterstock)

The problem of finding housing worsened in the first quarter of this year, according to an analysis by Estudios Técnicos Inc. (ETI).

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