staging
Home sales fall; offset used housing transactions
Grupo Expansión | January 06, 2021 |

The shares of purchase and sale of residential real estate registered a fall of 17%, on average, during 2020, reported the protech True Home.

The health contingency caused by COVID-19 hit the Mexican and global economy, so people decided to stop their plans to buy a home, until the situation improves.

The purchase and sale of used housing helped offset the performance of the residential segment.

Until the third quarter of 2020, the municipalities of Juárez, García and Apodaca concentrated 53% of the sales of the Monterrey metropolitan area, especially of popular and traditional housing.

Meanwhile, average housing represented 14% of sales and the residential and residential plus segment only 11% of transactions, according to figures from Tinsa México.

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