The cost of mortgage credit offered by the bank stopped its downward movement in the final two months of 2020, but this did not prevent it from becoming the dynamic financing that the bank offered to the private sector throughout the past year at the end of the year.

According to information from Banco de México (Banxico), the balance of the banking loan portfolio to the private sector ended 2020 with a real annual contraction of -4.6%, observing drops in consumer and business credit, while the one granted to finance housing was the only one with growth.

Figures from the central bank indicate that the balance of the housing portfolio (mortgage credit) stood at 983 billion pesos (mp) at the end of last December, which meant a real annual growth of 5.3%, improving performance from previous months.

The Solili preference platform previously published that the sale of used homes compared to new ones increased during the past year and there was in the rent of residential real estate spaces.

Check here the details of the more than two thousand properties available in Mexico City for rent, know their location and average monthly rental cost per square meter.

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