Mexico: change on housing demand 2019-2020

Published by Statista Research Department, Mar 25, 2022
The new coronavirus disease (COVID-19) has hit the real estate industry in Mexico. It was estimated that in 2020 the demand for houses would decrease by nine percent in the North American country, in comparison to the previous year. Households with improved credit status were expected to suffer the most, with an estimated reduction of 14.1 percent.

Estimated change in housing demand in Mexico in 2020, by segment

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Release date

April 2020

Region

Mexico

Survey time period

2020

Special properties

in comparison to 2019

Supplementary notes

* Households whose current home does not meet their needs.
** Occupied houses that lack some materials, services or space.
*** Households with a better credit history who are now able to apply for a mortgage loan.

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