Forecast: Production Volumes of Real Estate in Mexico

The production volumes of real estate in Mexico have demonstrated a consistent upward trend from 2013 to 2023, standing at 2.3875 trillion Mexican Pesos in 2023. Year-on-year, the industry saw a 1.37% increase from 2022 to 2023. Over the past five years, the compound annual growth rate (CAGR) was 1.46%. Although there were slight declines, such as the notable -3.55% drop in 2020, the market has shown resilience and overall positive growth.

Future trends to watch for include:

• Steady growth with a projected 1.09% annual CAGR from 2024 to 2028.
• The market size is expected to reach 2.5497 trillion Mexican Pesos by 2028, signifying a 5.59% growth over the five forecasted years.
• Potential impacts from economic policies, real estate regulations, and global market conditions.