Graph and download economic data for Real Residential Property Prices for Mexico (QMXR628BIS) from Q1 2005 to Q2 2025 about Mexico, residential, HPI, housing, real, price index, indexes, and price.

Key information about House Prices Growth

• Mexico house prices grew 8.9% YoY in Sep 2025, following an increase of 8.7% YoY in the previous quarter.
• YoY growth data is updated quarterly, available from Mar 2006 to Sep 2025, with an average growth rate of 10.2%.
• House price data reached an all-time high of 11.7% in Mar 2023 and a record low of 2.2% in Jun 2010.

Residential Property Prices in Mexico increased 8.71 percent in June of 2025 over the same month in the previous year. This dataset includes a chart with historical data for Mexico Residential Property Prices.

The Mexican housing market has grown notably since 2010, with home prices almost tripling by 2025. The second quarter of 2025 saw the nominal house price index reach ****** index points, implying a growth rate of *** percent since 2010, the baseline year for the index. Adjusted for inflation, the increase was more modest, with the real house price index amounting to ****** index points in 2024, or a growth rate of approximately ** percent.

Mexico House Price Index: MD: Benito Juarez (CDMX) data was reported at 120.200 2017=100 in Mar 2019. This records an increase from the previous number of 116.500 2017=100 for Dec 2018. Mexico House Price Index: MD: Benito Juarez (CDMX) data is updated quarterly, averaging 58.100 2017=100 from Mar 2005 (Median) to Mar 2019, with 57 observations. The data reached an all-time high of 120.200 2017=100 in Mar 2019 and a record low of 33.100 2017=100 in Mar 2005. Mexico House Price Index: MD: Benito Juarez (CDMX) data remains active status in CEIC and is reported by Federal Mortgage Society. The data is categorized under Global Database’s Mexico – Table MX.EB008: House Price Index: by Municipality and Delegation: 2017=100.

Key information about Mexico Nominal Residential Property Price Index

• Mexico Nominal Residential Property Price Index was reported at 287.237 2010=100 in Jun 2025.
• This records an increase from the previous number of 279.797 2010=100 for Mar 2025.
• Mexico Nominal Residential Property Price Index data is updated quarterly, averaging 123.591 2010=100 from Mar 2005 to Jun 2025, with 82 observations.
• The data reached an all-time high of 287.237 2010=100 in Jun 2025 and a record low of 72.552 2010=100 in Mar 2005.
• Mexico Nominal Residential Property Price Index data remains active status in CEIC and is reported by Bank for International Settlements.
• The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Nominal Residential Property Price Index: 2010=100: Quarterly.

Mexico's housing market demonstrates significant regional price variations, with Mexico City emerging as the most expensive area for residential property in the third quarter of 2025. The capital city's average house price of 3.93 million Mexican pesos far exceeds the national average of 1.86 million pesos, highlighting the stark contrast in property values across the country. This disparity reflects broader economic and demographic trends shaping Mexico's real estate landscape. Sustained growth in housing prices The Mexican housing market has experienced substantial growth over the past decade, with home prices more than doubling since 2010. By the second quarter of 2025, the nominal house price index reached 287 points, representing a 187 percent increase from the baseline year. Even when adjusted for inflation, the real house price index showed a notable 50 percent growth, underscoring the market's resilience and attractiveness to investors. The mortgage market is dominated by three main player types: Infonavit, Fovissste, and commercial banks including Sofomes. In 2023, Infonavit, a scheme by Mexico's National Housing Fund Institute which provides lending to workers in the formal sector, was responsible for the majority of mortgages granted to individuals. Challenges in mortgage lending Despite the overall growth in housing prices, Mexico's mortgage market has faced challenges in recent years. The number of new mortgage loans granted has declined over the past decade, falling by approximately 200,000 loans between 2008 and 2023. This decrease in lending activity may be attributed to various factors, including economic uncertainties and changing consumer preferences. The state of Mexico, which is home to 13 percent of the country's population, likely plays a significant role in shaping these trends given its large demographic influence on the national housing market.

Graph and download economic data for Consumer Price Index: Housing for Mexico (MEXCPIHOUAINMEI) from 1980 to 2017 about Mexico, CPI, housing, price index, indexes, and price.

Graph and download economic data for All-Transactions House Price Index for New Mexico (NMSTHPI) from Q1 1975 to Q3 2025 about NM, appraisers, HPI, housing, price index, indexes, price, and USA.

Mexico House Price Index: Quintana Roo data was reported at 115.600 2017=100 in Mar 2019. This records an increase from the previous number of 112.500 2017=100 for Dec 2018. Mexico House Price Index: Quintana Roo data is updated quarterly, averaging 77.800 2017=100 from Mar 2005 (Median) to Mar 2019, with 57 observations. The data reached an all-time high of 115.600 2017=100 in Mar 2019 and a record low of 48.900 2017=100 in Mar 2005. Mexico House Price Index: Quintana Roo data remains active status in CEIC and is reported by Federal Mortgage Society. The data is categorized under Global Database’s Mexico – Table MX.EB007: House Price Index: by State: 2017=100.

The Mexican housing market has grown notably since 2010, with home prices more than doubling by 2023. The third quarter of 2023 saw the nominal house price index reach 255.54 index points, implying a growth rate of 146 percent since 2010, the baseline year for the index. Adjusted for inflation, the increase was more modest, with the real house price index amounting to 139.75 index points in 2023, or a growth rate of approximately 40 percent.

Mexico House Price Index: Residential data was reported at 152.000 2012=100 in Dec 2018. This records an increase from the previous number of 151.000 2012=100 for Sep 2018. Mexico House Price Index: Residential data is updated quarterly, averaging 105.450 2012=100 from Mar 2008 (Median) to Dec 2018, with 44 observations. The data reached an all-time high of 152.000 2012=100 in Dec 2018 and a record low of 80.470 2012=100 in Mar 2008. Mexico House Price Index: Residential data remains active status in CEIC and is reported by Federal Mortgage Society. The data is categorized under Global Database’s Mexico – Table MX.EB001: House Price Index: 2012=100.

Graph and download economic data for Consumer Price Index: Services Less Housing for Mexico (MEXCPISXHMINMEI) from Jan 1981 to Dec 2017 about Mexico, services, CPI, housing, price index, indexes, and price.

In 2025, Mexico exhibited the highest inflation-adjusted increase in house prices among the countries under observation. In the first quarter of the year, house prices in Mexico grew by nearly *** percent in real terms, whereas globally, prices declined by around *** percent. These figures are based on the development of the real house price index, with 2010 chosen as a baseline year.

Graph and download economic data for Consumer Price Index: Housing for Mexico (MEXCPIHOUQINMEI) from Q1 1980 to Q1 2018 about Mexico, CPI, housing, price index, indexes, and price.

Mexico House Price Index: MD: Mazatlan data was reported at 115.700 2017=100 in Mar 2019. This records an increase from the previous number of 112.700 2017=100 for Dec 2018. Mexico House Price Index: MD: Mazatlan data is updated quarterly, averaging 75.800 2017=100 from Mar 2005 (Median) to Mar 2019, with 57 observations. The data reached an all-time high of 115.700 2017=100 in Mar 2019 and a record low of 51.300 2017=100 in Mar 2005. Mexico House Price Index: MD: Mazatlan data remains active status in CEIC and is reported by Federal Mortgage Society. The data is categorized under Global Database’s Mexico – Table MX.EB008: House Price Index: by Municipality and Delegation: 2017=100.

Graph and download economic data for Consumer Price Index: OECD Groups: Services Less Housing: Total for Mexico (MEXCPGRLH01GPQ) from Q2 1981 to Q4 2023 about Mexico, CPI, services, price index, indexes, and price.

Graph and download economic data for Consumer Price Index: OECD Groups: Services Less Housing: Total for Mexico (MEXCPGRLH01GPM) from Feb 1981 to Dec 2023 about Mexico, CPI, services, price index, indexes, and price.

Montevideo, Uruguay's capital, leads Latin American cities with the highest apartment sale prices in 2025, averaging ***** U.S. dollars per square meter. This figure surpasses other major metropolitan areas like Mexico City and Buenos Aires, highlighting significant disparities in real estate markets across the region. The data underscores the varying economic conditions and housing demand in different Latin American urban centers. Regional housing market trends While Montevideo tops the list for apartment prices, other countries in Latin America have experienced notable changes in their housing markets. Chile, for instance, saw the most substantial increase in house prices since 2010, with its nominal house price index surpassing *** points in early 2025. However, when adjusted for inflation, Mexico showed the highest inflation-adjusted percentage increase in house prices, growing by nearly *** percent in the first quarter of 2025, contrasting with a global decline of one percent. Home financing in Mexico The methods of home financing vary across Latin America. A breakdown of homeownership by financing method in Mexico reveals that about two-thirds of owner-occupied housing units were financed through personal resources in 2022. Nevertheless, government-backed loans such as Infonavit (Mexico’s National Housing Fund Institute), Fovissste (Housing Fund of the Institute for Social Security and Services for State Workers), and Fonhapo (National Fund for Popular Housing), play an important role for homebuyers, with just over ** percent of home purchases relying on such finance. Bank credit, which offers mortgage loans with interest rates ranging between **** and ** percent, appeared as a less popular option.

Mexico House Price Index: Metropolitan Area: Guadalajara data was reported at 118.900 2017=100 in Mar 2019. This records an increase from the previous number of 115.600 2017=100 for Dec 2018. Mexico House Price Index: Metropolitan Area: Guadalajara data is updated quarterly, averaging 96.300 2017=100 from Mar 2015 (Median) to Mar 2019, with 17 observations. The data reached an all-time high of 118.900 2017=100 in Mar 2019 and a record low of 83.900 2017=100 in Mar 2015. Mexico House Price Index: Metropolitan Area: Guadalajara data remains active status in CEIC and is reported by Federal Mortgage Society. The data is categorized under Global Database’s Mexico – Table MX.EB001: House Price Index: 2017=100.