With the advent of the new president in Mexico, property prices began to rise, the portal Global Property Guide writes. Elections were held in July 2018.
During this period, the housing market in Mexico showed steady growth - in the second quarter, prices rose by 9.92%. The price increase for the first quarter, in which the presidential campaign was held, was 8.73%.
Such indicators for a country where some areas were hit by an earthquake in 2017 are very good. However, in areas where the earthquake left noticeable traces, the real estate market did not recover - demand shifted to other areas of Mexico, which is why prices increased
In Koyokan, one of the oldest districts, prices have risen by 49% over the past year. Also a strong increase in the cost of housing was observed in Alamos (34.47%), Eskandone (26.14%) and San Angela (23.86%).
HomesOverseas.ru