Mexican Housing Prices Rise 4.4%; Rural Trends Contrast Urban Shifts in Puebla
1 report, 1 independent
Updated Mon 00:00
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What happened
Housing prices in Mexico increased 4.4% over the past year, according to Banorte’s Housing Indicator. While interest in building a home has declined sharply in urban areas, this trend has not taken hold in rural areas of Puebla.
From elpais.com
Why it matters
Banorte’s head of quantitative research, Alejandro Cervantes, states that Mexican consumers now prefer to use real-estate developers. This preference contrasts with the self-build approach seen in certain rural parts of Puebla.
From elpais.com