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Panama sees the deflation of its own construction boom

By Website Introductions at 01/03/09 23:58

Panama, whose economy was boosted by the construction sector, is now also feeling the deflation of its own construction boom.

The local market is already saturated and the people are starting to make new investments. As an evidence, investments in the sector were down by 35 percent in September and 70 percent in October as compared to last year.

Link: Real estate boom starts deflating :: La Estrella :: laestrella.com.pa :: Panamá :: 2008

Tags: real estate • construction boom • economy •
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