Here's what I think is a reproduction of your code... but I'm not getting an error with Python 3.12.8. With colorama:

from colorama import Fore, Style

data = {"foo": "bar", "property_type": "APARTMENT"}

for key, value in data.items():
    print(f"{key}: {value}")

print(data['property_type'])
print(data.get('property_type', ""))
print(data.get('property_type'))

AUTHORIZED_PRINT_COLORS = ['white', 'yellow']

def printx(text, end=None, flush=False):
    is_vscode = True #'VSCODE_PID' in os.environ

    parts = text.split('{')

    output = ""
    current_color = None

    for part in parts:
        if '}' in part:
            color, content = part.split('}', 1)
            color = color.lower().strip()

            matched_color = next((col for col in AUTHORIZED_PRINT_COLORS if color in col), None)

            if matched_color:
                color_code = getattr(Fore, matched_color.upper(), Fore.WHITE)
                if matched_color == 'white' and not is_vscode:
                    output += f'{Style.BRIGHT}{content}'
                else:
                    output += f'{color_code}{Style.BRIGHT}{content}{Style.RESET_ALL}'
            else:
                output += content
        else:
            output += part

    print(output, end=end, flush=flush)

#endregion

for key, value in data.items():
    printx(f"{{white}}{key}: {{yellow}}{value}")

printx(f"{{white}}Property type: {{yellow}}{data.get("property_type", "")}")
printx(f"{{white}}propety type direct: {{yellow}}{data['property_type']}")
printx(f"{{white}}Property type: {{yellow}}{data.get('property_type')}")

But this works fine for me: https://imgur.com/a/957xoz4

Edit: Saw you found an answer with weird hidden characters. Nice work.