What a roller coaster it’s been! After entering a comprehensive 3-month lockdown in April last year, once again Cayman has emerged as a shining example of how to successfuly manage a crisis and come out of it even more resilient than it went in. The islands have managed to eradicate the virus and relaunch our economy faster and more effectively than the rest of the World and we’re now reaping the rewards.
This report examines Cayman’s impressive V-shape recovery and considers how COVID has impacted the local real estate market and economy. We’ll also offer our thoughts and predictions for the real estate market as we move through 2021.