Monterey, NL. The National Chamber of the Housing Development and Promotion Industry of Nuevo León (Canadevi), estimated that the sector will achieve the goal of placing 40,000 homes with loans from Infonavit and commercial banks, with everything and the increase in prices and the possible rise in interest rates, due to the dynamism of the industry, commented Roberto Ortiz Ramones, president of the organization.
“In six months we will see an increase in housing prices, by the increase in inputs, depending on the type of housing; In the case of low-income housing, it could have an increase of between 18 and 20%, because they are the houses that use the most concrete and stone materials,” said the leader.
It is likely that other residential segments will not be affected as much, because there are buildings with a work progress of 60 to 70%. In the case of those that are in gray work, the adjustment will depend on the finishes, but he estimated that the increase could be between 12 and 20 percent.
Another factor that must be taken into account is that the housing production During the first quarter it had an impact of 35%, due to the increase in raw materials, however, he was confident that this year the placement of housing will close with 40,000 loans from Infonavit and the banks, a figure similar to the end of 2021.
These expectations have their reason for being because many construction companies they rescheduled their constructions, “fortunately construction is at pre-pandemic levels (2019), for example, the total number of jobs is 144,000, Ortíz Ramones stressed.
He acknowledged that during the two years since the pandemicthe sector had a strong rebound due to the support granted by the state government, as well as Infonavit and this allowed them to continue placing loans for 1 or 2% more, “we hope that in the second semester it will recover, he said.
rrg