Real Estate latest publications
In the middle of this year 2021, official figures show strong growth in the construction sector, an annual rate of 9.5%. A strong advance was to be expected in 2Q21, given that a year earlier the sector contracted more than 20%.
The COVID-19 pandemic caused the real estate market to collapse and led to a substantial change in the interests of the different players. Although housing prices fell significantly, demand is still very weak.
Millennials played a critical role in reopening during the pandemic. 20 million Millennials worked in the second half of 2020, which is almost 1 in 3 active workers. The current income of a Millennial amounted to 7,251 pesos per month, that of Generation X was 12.3% higher (8,141 pesos).
May 28, 2021
US | Are asset prices misaligned from macro fundamentals, and if so, what does that imply?
The quick and strong increase in asset prices after the Covid-19 shutdown has raised concerns about potential bubbles. An inquiry into the historical alignment of equities, investment-grade corporate bonds, and home prices to broad macroeconomic metrics finds overvaluation in the equities asset class.
The real estate sector has good growth prospects and will lead the country's economic recovery process. It will be driven by medium and low priced new housing. Meanwhile, higher-value housing, used housing and the non-residential sector will have a slightly later recovery.
April 7, 2021
U.S. | CRE after Covid - crisis and reinvention, business as usual, or full steam ahead?
The fast economic recovery over the next few years will benefit commercial real estate greatly, but the structural challenges to some of its segments will remain and possibly intensify
Interest rates cushion mortgage market contraction in most states. Ten years in which mortgage credit has flowed, but there is still much to do.
Housing construction will be a key sector to help the country's economic recovery. The low and mid-price segments will have the greatest dynamism, thanks to government support and the reactivation of household demand. The other housing sectors, along with non-residential buildings, will have a slower recovery.