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.

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