Cities where the price of housing has grown the most
El Economista | February 01, 2022 |

Small cities, far from the big cities, and regions immersed in the main tourist destinations of the country have been where the value of homes has increased more compared to the rest of other regions in Mexico and that coincide with a greater real estate dynamism, according to official data.

Based on data from the Federal Mortgage Society (SHF), from January to September the Mexican Housing Price Index of this organization registered an increase of 7.6% compared to the same period in 2020.

In this context, in 47 municipalities of the country this indicator was above the national average (7.6%), and the main 10 cities where there was a greater appreciation were:

Los Cabos, Baja California Sur, with an increase of 12%; Benito Juárez, Quintana Roo with an appreciation of 12%; Solidaridad, Quintana Roo where the rise was 11.8%.

See also: What requirements must a piece of land meet where you could locate a home?

They are followed by: La Paz Baja California Sur (11.6%); Banderas Bay Nayarit (11.2%); Tepic, Nayarit (10.8%) Mazatlán, Sinaloa (10.5%); City of Carmen, Campeche (10.1%); Tijuana, Baja California (10.3%) and Ciudad Juárez, Chihuahua (10.3%).

For specialists, these numbers may indicate that it is a good time to make a real estate investment in them, due to the appreciation they have had.

For Kasuga, although each state and region of the country has its own real estate dynamics, given the current context, the most advisable thing is to make an investment in this type of asset at this time, since there are favorable conditions such as mortgage loan rates and prices in some areas of the country.

For the director of Creditaria, the increase in prices where there was a greater appreciation of the same in recent months coincides with the behavior of real estate demand.

"Broadly speaking, the winning destinations, in recent months, have been beach destinations and small cities close to large cities, while the losers were the large cities," said the specialist.

Of interest: What advantages did mortgages take advantage of after Covid?

For Mauricio Rovirosa, COO of Grupo Luximia and Shark Tower, a premium housing developer in Quintana Roo, the opportunities to invest in real estate in tourist states have become attractive.

According to the manager of Grupo Luximia and Shark Tower, there are developers building a lot of housing in the southeast of the country due to the high availability of land and because the demand in that region has been boosted by the pandemic conditions.

"There are possibilities here, there are many developers, not just Quintana Roo and not just Yucatan, but other regions where there are large territorial extensions... There is supply, new developments, there is a vertical growth policy, among other conditions," Rovirosa pointed out.

In Solili you can also consult available offices in Mérida and León

Original note

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