Forecast: Real Estate Gross Value Added in Mexico

The real estate Gross Value Added (GVA) in Mexico witnessed fluctuations over the past decade. From 2013 to 2015, growth was positive with notable year-on-year increases. However, from 2016 to 2018, there were declines reflecting economic uncertainties. The period between 2019 and 2023 was characterized by variability, with a significant rebound in 2019 and a notable dip in 2020 due to the pandemic, followed by a slow recovery peaking at a value of 101.72 Billion Euros in 2023. Future forecasts show modest growth with an annual average growth rate (CAGR) of 0.24% expected from 2024 to 2028.

Future trends to watch for:

  • Economic reforms or government policies influencing the real estate sector.
  • Impact of global economic conditions on investment in Mexican real estate.
  • Technological advancements and their integration into real estate management and sales.
  • Sociopolitical stability and its effects on investor confidence.

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