As of the fourth quarter of 2020, the Housing Price Index prepared by the Federal Mortgage Society (SHF), presented an appreciation of 5.4% at the national level compared to 2019; Regarding the accumulated annual of 2020, the SHF Index appreciated 5.8% in the national sphere compared to 2019.
Due to the contingency due to COVID-19, the number of mortgage transactions decreased (-) 4.7% in 2020 when compared to 2019, despite the boost to 3Q20 when mortgages increased 5.4% when compared to the previous quarter.
The SHF Index of new housing increased 5.9%, while that corresponding to used housing 5.7% in 2020.
The proportion of the market that corresponds to used housing is 56.5% higher than that of new housing, 43.5%. The SHF Index for single houses grew 6% and that of houses in condominiums and apartments (considered together) appreciated 5.6%. The SHF Index for social-economic housing increased 6.2%, and the SHF Index for average housing - residential 5.6% in 2020.
The Index showed that in the Valley of Mexico, there was an increase of 2.7%, guided by the increase in the prices of economy class homes.