At the start of 2022, inflation already plays a relevant role in the real estate sector.

It will be necessary to monitor how the phenomenon evolves, because if one thing is certain, it is that the rise in construction costs that was observed in the last year has already impacted the industry and will be noticed in the prices of the new inventory that the developers will put on sale. disposition soon.

Some businessmen estimate that this rise in prices could be noticed towards the second quarter of the year, although others consider that although inflation will continue, at least the upward trend observed in the last year will no longer be seen.

Based on how the phenomenon progresses, it will be important to review the impact that the offer will have on the level of social interest, where the decrease in the capacity to produce can be seen.

Check here: Mortgage market remains amid high inflation

Inflation is very important because it establishes some guidelines for the dynamics of housing in the year, where mortgage interest rates are expected to rise.

The forecast is that the cost of money will go from a weighted average rate of 9%, to levels between 10 and 11%, with which the two-digit barrier will be overcome.

The reality is that this increase does not worry the bank. Specialists such as Enrique Margain, Executive Director of Mortgage Credit at HSBC, and Ricardo García Conde, Director of Mortgage Credit at Citibanamex, agree that the increase will not represent an impact that discredits customers, or affects the ability and intention to acquire a home at through mortgage credit.

Among the elements to consider for 2022, and in which inflation will also play an important role, is the growth in the preference for used housing.

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And it is that, some specialists see that the increase in the prices of new housing due to the rise in construction costs, will make families see the secondary market as the best option.

It is worth mentioning that from Infonavit's perspective, the preference for used housing will also grow, since of the 331,309 loans for acquisition that it intends to place in the year, 47% would be for the purchase of existing housing.

Within the interesting lines to follow in the year, there are also elements related to innovation in the financial field. And it is that, the exit of important schemes that help to promote the purchase of housing is expected.

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