Coronavirus implications in the Mexican real estate sector and the world
The spread of the COVID-19 virus began in China in late 2019, therefore it toppled all economic forecasts for this year. With the preventive measures of social distance and quarantine adopted by practically all countries, the real estate market in 2020 has suffered great falls in the world.
In the case of Mexico, experts predict that it will go through a difficult period in the first half of the year, but that there will be a rebound in the second half, when the contingency has diminished its effects. Significant growth was forecast in the sector, which will now be delayed by this pandemic.
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