Property Rights Index in Ecuador compared to Latin America
Ecuador: Property rights index
A subcomponent of the Index of Economic Freedom, the property rights index measures the degree to which a countrys laws protect private property rights, and the degree to which its government enforces those laws.
Higher scores are more desirable, i.e. property rights are better protected. Scores are from 0 to 100.
The index also assesses the likelihood that private property will be expropriated and analyzes the independence of the judiciary, the existence of corruption within the judiciary, and the ability of individuals and businesses to enforce contracts.
The Global Property Guide considers protection of property rights as a significant factor affecting the desirability of a residential real estate investment.
There are no house price statistics for Ecuador, and its statistical data is generally weak. The Instituto Nacional de Estad'stica y Censos is an ill-organized collection of stale data. The Banco Central del Ecuador is better, but alas has few downloadable time-series (data tends to be in 'press release' format). The monthly report on inflation is well presented.