More VIS housing with fixed prices: offer in pesos already exceeds 57% of projects
Following the increases recorded by social interest housing (VIS) and priority housing (VIP) in 2026, driven by the 23.7% increase in the minimum wage...
TL;DR
- Over 57% of social interest housing (VIS) projects in Colombia are now offered with fixed prices in pesos.
- This change aims to provide greater certainty to buyers and protect them from price increases linked to minimum wage hikes.
- The Ministry of Housing is promoting a decree to formally desindex VIS housing prices from the minimum wage.
- A significant increase in peso-denominated offers occurred between September 2025 (25%) and March 2026 (57%).
- Some industry representatives, like Camacol, worry that fixed prices could increase risk for developers on long-term projects.
- The government argues that tying VIS prices to the minimum wage leads to price increases unrelated to construction costs and causes buyer dropouts.