According to the October-December 2021 Quarterly Economic Report, published by the Institute of the National Workers' Housing Fund (Infonavit), the mortgage market has shown good behavior.

Infonavit highlighted that, despite the increase in inflation, since January of last year the placement of credits recovered from the fall presented in 2020.

According to data from the National Housing Information and Indicators System (SNIIV) and the Infonavit Information System (SII), in 2021, 1 million 49,949 loans were granted.

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This meant an economic spill of 474,800 million pesos.

On the other hand, the Report indicates that the labor market has also maintained a positive dynamic after the effects caused by the health emergency.

The foregoing, because, as of February 8, 2022, 20 million 600,000 jobs were recorded.

Likewise, he explained that the reactivation of the labor market in the country corresponds mainly to the growth in the transformation, transport and communications industries; which had a recovery from 2021.

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The Infonavit Quarterly Economic Report October-December 2021 analyzes the behavior of the national and international economy; as well as the construction and mortgage sector.

The aforementioned report also includes the dynamics of the formal labor market in Mexico during the crisis of 2008 and 2020.

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