Weekly Brief: EV/EBITDA vs. Rev. CAGR; Chile’s banks’ associations on anatocism; Cibest in Guatemala; real estate market in Peru

Research evidence excerpt

Weekly Brief: EV/EBITDA vs. Rev. CAGR; Chile’s banks’ associations on anatocism; Cibest in Guatemala; real estate market in Peru

believe these pressures will persist well into next year due to energy-related

issues and the continued impact of the El Niño phenomenon."

Real estate market accelerates on greater access to credit and demand for

compact homes this year (link)

New housing sales in Metropolitan Lima and Callao reached 15,477 units in the

first half of 2026, representing a 26% year-over-year increase, according to

the Peruvian Confederation of Real Estate Developers (Codip). Market activity

also strengthened, with the absorption rate—a measure of the speed at which

homes are sold—rising from 3.9% to 4.4%, while housing supply expanded by

12%, reflecting both stronger demand and continued project launches.

According to Codip General Manager Ana Cecilia Gálvez, the sector has

benefited from a more supportive environment for home purchases. Lower

mortgage rates, an improvement in formal employment, and increased

confidence following the electoral process have encouraged more households

to enter the market. As a result, a larger number of prospective buyers now

qualify for mortgage financing, translating into stronger effective demand for

housing. Gálvez noted that the pool of eligible borrowers has expanded

significantly, allowing more families to access credit and move forward with

home purchases. Demand has remained particularly strong for compact

housing units, a segment that continues to underpin the market’s growth and

sustain sales momentum across Lima and Callao.

World Bank on Peru: "Effective political management and transition would

send a solid signal to the market" (link)

Brazilian economist Susana Cordeiro was in Lima for less than 24 hours, but she