Mexico Real Estate Outlook. Second half 2020

Summary

We are currently in the midst of the worst economic crisis that Mexico has experienced in modern times. This has resulted in the sharpest declines in history and deeper impacts than those seen in 1995. Construction is not exempt, and the economic depression that the sector has been experiencing since 2018 has worsened.

Key points

• Key points:
• Recovery of the sector could take years
• The mortgage cycle faces the worst crisis
• SMEs play an increasingly important role in construction
• The structural dynamics of housing prices in Mexico

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