A general consensus among the main industrial developers was not observed in the 2017 second quarter’s survey as their responses to Mexico City’s market dynamics varied.

However, 70% of the respondents foresee moderate or strong increases in demand by the end of the year.

According to Solili’s Industrial Survey, the lack of consensus affects also the future expectations for asking prices, 43% foresee a moderate increase and 29% a moderate decrease. As for availability, One third expects stability while the other two expec moderate increases and decreases, respectively.

Asking prices for Mexico City closed the first half of the year in 4.88 dollars per square meter per month, while the availability did it in 319, 275 square meters, 3.6%.

Construction, on the other hand, closed in 409,190 square meters, a pretty stable figure for the experts compared to the first trimester, and 43% expect it to remain that way.

For more about the survey, write us to contacto@solili.mx, for press inquiries felipe@solili.mx