Monterey, NL. New Lion it retained the leadership of new housing placed during the past year, with 41,162 houses, however, it showed a decrease of -3% compared to 2020; followed by Jalisco with 27,575 units, with a drop of -4.4% and the Mexico state with 20,251 homes and a drop of 6.2%, commented Jorge Paredes Guerra, president of Realty World Mexico.
From January to December 2020, 42,442 homes were sold in the state, despite the crisis caused by the covid-19 pandemic.
Analyzing the annual results, there is a slight drop of 3% of the total sales of new homes in Mexico,” said Paredes Guerra.
Some factors that have had an impact on housing placement are: war in ukrainewhich has kept energy prices high, and the inflation in the United Stateswhich continues to climb.
The strict confinement due to the increase in Covid-19 infections in some Chinese cities continues to cause problems in supplies and distortions in production chains with increases and shortages of inputs, said the manager.
On the other hand, the Federal Reserve of the United States raised the interest rate by 50 basis points, leaving the range between 0.75 to 1%, it is the highest increase since 2000. For its part, the Bank of Mexico raised interest rates again interest due to inflation, placing the rate at 7% per year.
Nationwide, new home sales from January to December 2021 reported their worst level in at least seven years, falling below 300,000 homes, according to figures from the National Housing Commission (Conavi).
Nuevo León was the leading federal entity in traditional housing, with a value between 854,400 pesos and 1.5 million pesos, with the placement of 15,916 units, which represented a variation of 17% compared to the year 2020.
Likewise, from January to December 2021, in the sale of housing with a value between 505,800 pesos and 850,200 pesos, the state ranked first with the placement of 22,480 houses, this represented a negative variation of -12.6% in relation to the same period of 2020.
(With information from Lourdes Flores.)
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