Panama sold 4,020 new homes last year, down from 7,687 in 2023. The country has a housing deficit above 180,000 units. Both facts are true at once.

New bank lending in Panama fell about 7% in early 2026, with construction and housing finance hit hardest, a warning sign for the wider economy.

Panama sold 4,020 new homes last year, down from 7,687 in 2023. The country has a housing deficit above 180,000 units. Both facts are true at once.