Despite the negative effects of the Covid-19 pandemic in the country, the housing sector has remained active, according to the metrics of the National Chamber of the Housing Development and Promotion Industry (Canadevi) that indicate that the Individual loans for the acquisition of new homes grew 5.2% from January to May, in contrast to the same period in 2019.
On the other hand, although the Federal Mortgage Society (SHF) registered a 6.4% increase in the price of real estate, and a 20% drop in the transactions carried out; the activity of the sector did not stop and it is estimated that in the short term there will be demand for homes in the middle segment with prices between 500 thousand and one million pesos, according to the consulting firm ai360. However, average and residential housing that is located above 4 million pesos, could show less dynamism.
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