The Mexican housing market has grown notably since 2010, with home prices more than doubling by 2023. The third quarter of 2023 saw the nominal house price index reach 255.54 index points, implying a growth rate of 146 percent since 2010, the baseline year for the index. Adjusted for inflation, the increase was more modest, with the real house price index amounting to 139.75 index points in 2023, or a growth rate of approximately 40 percent.
Quarterly house price index (real and nominal) in Mexico from 1st quarter 2010 to 3rd quarter 2023
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Bank for International Settlements. (January 25, 2024). Quarterly house price index (real and nominal) in Mexico from 1st quarter 2010 to 3rd quarter 2023 [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/1449602/house-price-index-mexico/
Bank for International Settlements. "Quarterly house price index (real and nominal) in Mexico from 1st quarter 2010 to 3rd quarter 2023." Chart. January 25, 2024. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/1449602/house-price-index-mexico/
Bank for International Settlements. (2024). Quarterly house price index (real and nominal) in Mexico from 1st quarter 2010 to 3rd quarter 2023. Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/1449602/house-price-index-mexico/
Bank for International Settlements. "Quarterly House Price Index (Real and Nominal) in Mexico from 1st Quarter 2010 to 3rd Quarter 2023." Statista, Statista Inc., 25 Jan 2024, https://www.statista.com/statistics/1449602/house-price-index-mexico/
Bank for International Settlements, Quarterly house price index (real and nominal) in Mexico from 1st quarter 2010 to 3rd quarter 2023 Statista, https://www.statista.com/statistics/1449602/house-price-index-mexico/ (last visited December 30, 2024)
Quarterly house price index (real and nominal) in Mexico from 1st quarter 2010 to 3rd quarter 2023 [Graph], Bank for International Settlements, January 25, 2024. [Online]. Available: https://www.statista.com/statistics/1449602/house-price-index-mexico/