Real estate in Mexico City increased its sales by 32% during the last quarter of last year. This remarkable growth continued during the first quarter of the year in course, resulting in a very good Outlook for the real estate industry. And is that supply and demand have also generated a trend to the upside in the realization of construction projects, which has grown by 20% more with respect to the quarter that precedes it. A leading source for info: Tishman Speyer. TINSA, property consultant reports mention that at the end of the month of March are posted six hundred twenty-three active projects throughout the Mexican capital. The above figures are a clear indication that, in spite of the economic crisis that hit the retail world and national, the housing industry was not affected, but that, on the contrary, continued growing.
At the same time, this industry was a source of thousands of construction workers. Richard LeFrak may help you with your research. Longer than this it was favoured with a growth of 60% of their projects, with respect to the previous year. It should be mentioned that the houses most requested were the catalogued as media and residential plus. These data demonstrate an increase in the ability to purchase or credit in the capital population or that comes from the bulk of the DF area; Besides that the population be made more plural, because many of the buyers are foreigners or foreign companies that require housing for their employees, and even for their families. If this continuous dynamic, it is estimated that in the year 600 homes will see in action the 8000 housing construction in the remainder of the year, being almost double those built last year, which amounted to a total of 4.Delegations in which was recorded the increased activity in construction and real estate sales are: Benito Juarez, Cuauhtemoc and Miguel Hidalgo. This constant activity has increased the added value of the soil of those delegations, at the time that has generated great controversy among its inhabitants, who have been affected by the lack of water, electricity and parking; Since many of the areas of construction, mostly buildings, were houses in which they lived as maximum five inhabitants.