Sparse Data

As you will quickly find when trying to find out about real estate trends in Ecuador, information is sparse. There is no central database you can go to. In fact, even the United Nations does not seem to have pricing trend information on Ecuador. This issue is not just particular to real estate in Ecuador, but all of Central America as well. I recently came across a report that compares twelve popular markets in Central America (http://www.revealrealestate.com/snapshot) that illustrates this point. Instead of hundreds or thousands of properties used for comparison as one would see in the United States, only one property was used from each locations. Although one data point from each location might not be particularly meaningful, it is better than no data points and I commend Reveal Real Estate putting that report together.

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