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Published on Wednesday, May 4, 2022

Mexico Real Estate Outlook. First half 2022

Summary

At the end of 2021, Construction grew faster than the economy, facing a strong increase in input prices, it is expected that in 2022 it will grow, driven by Civil Works. The mortgage market continues to advance but at a more moderate pace for this year.

Key points

  • Key points:
  • Construction will have marginal progress in 2022, thanks to Civil Works.
  • Mortgage loan amount continues to grow in double digits in real terms.
  • Prices of construction materials continue to grow, could moderate at the end of 2022.
  • Second home grows in the demand for housing in the middle and residential segments.

Geographies

Documents and files

Report (PDF)

Mexico_Situacion-Inmobiliaria_1S22-1.pdf

Spanish - May 4, 2022

Presentation (PDF)

PresentacionSitInmobiliariaMexico_1S22.pdf

Spanish - May 4, 2022

Authors

MG
Marissa González BBVA Research - Senior Economist
CS
Carlos Serrano BBVA Research - Chief Economist
SV
Samuel Vázquez BBVA Research - Principal Economist
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