Mexico Real Estate Outlook. Second half 2018
Published on Wednesday, November 7, 2018
Mexico Real Estate Outlook. Second half 2018
Summary
The GDP of construction closed 2017 with a fall of 1.1% in the annual rate. This is a result of the 10% decline in civil works and the slowdown in building that only improved 0.4%, both in annual terms. However, for the second quarter of 2018, the construction sector has an accumulated advance of 2%.
Geographies
- Geography Tags
- Mexico
Topics
- Topic Tags
- Real Estate
Tags
- Tags
- Mortgages
- Construction
- housing
Authors
Fernando Balbuena
Carlos Serrano
BBVA Research - Chief Economist
Samuel Vázquez
BBVA Research - Principal Economist