South America: average housing purchase time 2017, by city

This statistic displays the average time needed to complete the purchase of a home in selected South American cities as of September 2017. The source estimated that it would take about 32 years for a couple with two average salaries who save up to 30 percent of their income to buy a home in the Paraguayan capital Asunción, more than double the time it would take to buy the same type of residential property in Santa Cruz, Bolivia.

Average time needed to complete the purchase of a home in selected South American cities as of September 2017

Average time in years
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Source

Release date

October 2017

Region

Central and South America

Survey time period

September 2017

Special properties

Purchase of a 60 square meter property by two people with an average salary, saving 30 percent of their monthly income

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