
What will happen to the real estate and construction sector by 2023?
In 2022, Colombia experienced significant and unforeseen events, leading to substantial changes in daily life. Key factors include an inevitable recession, a substantial increase in interest rates by approximately 500 percentage points, historically high public debt, inflation reaching 13.12%, the dollar approaching 5,000 pesos, and the introduction of a tax reform. These variables are expected to have a profound impact on the economic outlook and, specifically, on various sectors under analysis.