The demand for middle-level housing experiences the highest volume in four years.
Residences for sale in Cancun. The middle-level housing is one with a value of 736 thousand to one million 577 thousand pesos.
From January to September of 2016, 98 thousand 613 houses and departments of middle segment were commercialized. This represented a 27 percent increase over the number of units in the same period of 2015.
At the end of December, the Bank of Mexico (Banxico) revealed that the bank’s credit to housing grew 10.6% to November 2016. This meant an acceleration over previous months. This, coupled with historical lows that hit interest rates, triggered the demand for middle-level housing.