Mexico's housing market demonstrates significant regional price variations, with Mexico City emerging as the most expensive area for residential property in 2024. The capital city's average house price of 3.91 million Mexican pesos far exceeds the national average of 1.73 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 third quarter of 2023, the nominal house price index reached 255.54 points, representing a 146 percent increase from the baseline year. Even when adjusted for inflation, the real house price index showed a notable 40 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.

The real estate transaction value in the 'Residential Real Estate Transactions' segment of the real estate market in Mexico was forecast to continuously increase between 2024 and 2029 by in total 5.8 billion U.S. dollars (+21.53 percent). After the eleventh consecutive increasing year, the real estate transaction value is estimated to reach 32.75 billion U.S. dollars and therefore a new peak in 2029. Notably, the real estate transaction value of the 'Residential Real Estate Transactions' segment of the real estate market was continuously increasing over the past years.Find further information concerning the real estate transaction value in the real estate market in the Dominican Republic and the real estate transaction value in the 'Residential Real Estate Transactions' segment of the real estate market in Indonesia. The Statista Market Insights cover a broad range of additional markets.

The Report Covers Mexico's Commercial Real Estate Market Trends & Size, and It is Segmented by Type (office, Retail, Industrial, Logistics, Multi-Family, and Hospitality). The Market Size and Forecasts for Mexico's Commercial Real Estate Market are Provided in Terms of Value (USD) for all the Above Segments.

The real estate transaction value in the real estate market in Mexico was forecast to continuously increase between 2024 and 2029 by in total 5.8 billion U.S. dollars (+21.53 percent). After the eleventh consecutive increasing year, the indicator is estimated to reach 32.75 billion U.S. dollars and therefore a new peak in 2029. Notably, the real estate transaction value of the real estate market was continuously increasing over the past years.Find more key insights for the real estate transaction value in countries like Ecuador, Paraguay, and Guatemala.. The Statista Market Insights cover a broad range of additional markets.

Technological advancements in the Mexico Residential Real Estate industry are shaping the future market landscape. The report evaluates innovation-driven growth and how emerging technologies are transforming industry practices, offering a comprehensive outlook on future opportunities and market potential.

The Mexico Commercial Real Estate market, valued at $53.60 billion in 2025, exhibits robust growth potential, projected to expand at a Compound Annual Growth Rate (CAGR) of 7.23% from 2025 to 2033. This expansion is fueled by several key drivers. Mexico's burgeoning economy, particularly in sectors like manufacturing and tourism, is creating significant demand for office, retail, and logistics spaces. Furthermore, increasing urbanization and a growing middle class are driving demand for multi-family residential and hospitality properties. Infrastructure development initiatives by the Mexican government are further bolstering the sector. However, challenges remain, including potential economic volatility and regulatory hurdles that could impact investment decisions. Competition within the sector is intense, with both established international players like Hines and Savills Mexico, and dynamic domestic companies such as Grupo Sordo Madaleno and Grupo Posadas, vying for market share. The market is segmented across various property types: offices, retail, industrial, logistics, multi-family residential, and hospitality, each with its unique growth trajectory and influencing factors. Emerging technology, such as PropTech platforms like Flat and Reonomy, are also transforming the sector, improving efficiency and transparency in transactions. The forecast period of 2025-2033 promises continued growth, driven by ongoing economic development and targeted infrastructure improvements. However, prudent risk management and adaptation to evolving market conditions are crucial for companies operating within the Mexican commercial real estate landscape. The diverse range of companies involved, from large international developers to innovative startups, indicates a dynamic and competitive environment with ample opportunity for strategic players. Sustained growth hinges on managing factors like inflation, interest rates, and ensuring alignment with government policies to navigate challenges and capitalize on the expansive opportunities presented by Mexico's evolving economic landscape. Recent developments include: • June 2023: Prologis, Inc. and Blackstone announced a definitive agreement for Prologis to acquire nearly 14 million square feet of industrial properties from opportunistic real estate funds affiliated with Blackstone for USD 3.1 billion, funded by cash., • April 2023: Colliers announced it has acquired a controlling interest in Greenstone Group Ltd (“Greenstone”), a leading New Zealand project management and property advisory firm. The Greenstone senior leadership team will remain significant shareholders of the business under Colliers’ unique partnership model. Greenstone offers project management and property advisory services to a diverse range of end markets, including commercial and residential developers and the government, education, and infrastructure sectors. Greenstone’s professional services are delivered by more than 55 professionals across four offices in New Zealand., . Key drivers for this market are: 4., Increasing foreign investments driving the market4.; Increasing urbanization driving the market. Potential restraints include: 4., Increasing foreign investments driving the market4.; Increasing urbanization driving the market. Notable trends are: The Offices Segment is Occupying the Significant Market Share in the Market.

Mexico Commercial Real Estate Market size was valued at USD 269.62 Billion in 2023 and is projected to reach USD 355.03 Billion by 2031, growing at a CAGR of 3.5% from 2024 to 2031.

Mexico Commercial Real Estate Market Dynamics

The key market dynamics that are shaping the Mexico Commercial Real Estate Market include:

Key Market Drivers

Economic Growth: Mexico's GDP increased by 5% in 2022, indicating a solid economy that is driving up demand for commercial real estate. The services sector, which includes real estate, grew by 4.9% during the same period, according to Mexico's National Institute of Statistics and Geography (INEGI). This expansion is mostly driven by increased foreign investment, urbanization, and the growing demand for commercial space as businesses expand and adapt to changing customer demands. Population Increase: Mexico's population increased by 1.1% in 2022, leading to 126 million people, and forecasts show that it will reach 138 million by 2030.

What Makes Our Data Unique?

Inmuebles24’s Mexico Real Estate Listings Data offers an unparalleled level of detail and accuracy in the real estate sector. With over 100,000 meticulously curated property listings, this dataset is designed to provide users with the most comprehensive view of the Mexican real estate market. Each listing includes detailed metadata such as property type, location, pricing, and contact information, along with additional attributes like the number of bedrooms, bathrooms, and available amenities. Our data is enriched with precise geolocation coordinates, allowing for advanced spatial analysis and mapping applications.

Our dataset stands out for its up-to-date nature, with listings scraped and refreshed regularly to ensure that buyers and analysts always have access to the latest market trends. This dynamic approach to data curation means that users can trust the data for making informed decisions, whether they are monitoring market trends, conducting investment research, or developing real estate strategies.

How Is the Data Generally Sourced?

The data is sourced directly from Inmuebles24, one of Mexico's leading real estate marketplaces. We employ a robust web scraping infrastructure that captures the full breadth of listings available on the platform. Our scraping technology is designed to extract data efficiently, ensuring that we capture every relevant detail from the listings, including images, descriptions, pricing, and metadata. Each entry is validated and cleaned to remove any duplicates or outdated information, ensuring that the dataset is both comprehensive and reliable.

Primary Use-Cases and Verticals

This Data Product is particularly valuable across several key verticals:

Real Estate Investment Analysis: Investors can leverage this dataset to identify lucrative opportunities by analyzing property prices, location attributes, and market trends.

Market Research and Trends: Researchers can use the data to track the evolution of the real estate market in Mexico, identifying shifts in pricing, demand, and supply across various regions.

Property Development: Developers can assess the market landscape, understanding where new developments might meet the most demand based on the attributes and locations of current listings.

Urban Planning: Government and city planners can utilize the geolocation data to analyze urban sprawl, housing density, and other critical metrics for sustainable development.

Real Estate Marketing: Marketers and real estate agents can tailor their strategies based on detailed insights into the types of properties available, pricing trends, and consumer preferences.

How Does This Data Product Fit into Our Broader Data Offering?

This Mexico Real Estate Listings Data Product is part of our broader commitment to providing high-quality, actionable data across various sectors and geographies. Inmuebles24’s real estate data complements our extensive portfolio of data products that cater to industries such as financial services, marketing, and location-based services. By integrating this dataset with other data offerings, users can derive even deeper insights. For example, combining real estate data with consumer behavior data could unlock new dimensions of market research, enabling a more holistic approach to understanding market dynamics.

Our broader data offering is built around the principle of providing end-to-end data solutions that empower businesses to make data-driven decisions with confidence. Whether you’re a real estate investor, a market researcher, or a developer, our data products are designed to meet your needs with precision and reliability

The Latin American residential real estate market, valued at $477.77 million in 2025, exhibits robust growth potential, projected to expand at a compound annual growth rate (CAGR) of 8.32% from 2025 to 2033. This growth is fueled by several key factors. Rapid urbanization across major Latin American cities like Mexico City, São Paulo, and Bogotá is driving significant demand for housing, particularly apartments and condominiums. Furthermore, a growing middle class with increased disposable income is fueling demand for both affordable and luxury housing options. Government initiatives aimed at improving infrastructure and fostering economic development in various regions are also contributing to market expansion. The market is segmented by property type (apartments and condominiums, landed houses and villas) and geography (Mexico, Brazil, Colombia, and the Rest of Latin America), with Brazil and Mexico anticipated to represent the largest shares due to their larger populations and economies. While challenges such as economic volatility and fluctuating interest rates exist, the long-term outlook remains positive, driven by sustained population growth and ongoing investment in the sector by major players such as JLL, CBRE, MRV Engenharia, and others. However, the market faces some headwinds. Construction costs, particularly for materials, can be volatile and influence pricing. Regulatory hurdles and bureaucratic processes in some countries can slow down project development. Furthermore, ensuring sustainable and environmentally responsible construction practices is becoming increasingly important for developers to attract environmentally conscious buyers. Successfully navigating these challenges will be crucial for continued market expansion. The segment of landed houses and villas is expected to witness strong growth, albeit potentially at a slower pace than apartments and condominiums, driven by a demand for larger spaces and a preference for suburban living among higher-income demographics. The Rest of Latin America segment presents significant untapped potential for future growth as economies develop and infrastructure improves. Recent developments include: November 2023: CBRE, a prominent global consultancy and real estate services firm, unveiled its latest initiative, the Latam-Iberia platform. The platform's primary goal is to reinvigorate the real estate markets in Europe and Latin America while fostering investment ties between the two regions. By enhancing business collaborations and amplifying the visibility of real estate solutions, CBRE aims to catalyze growth in the sector., May 2023: CJ do Brasil, a subsidiary of multinational firm CJ Bio, completed its USD 57 million plant expansion in Piracicaba, 160 km from Brazil's capital. CJ Bio is renowned for its expertise in amino acid production. The expansion is projected to create 650 new job opportunities, and the investment also encompasses the establishment of residential, research, and development centers.. Key drivers for this market are: Increase in Population is Boosting the Residential Real Estate Market, Rapid Growth in Urbanization. Potential restraints include: Increase in Population is Boosting the Residential Real Estate Market, Rapid Growth in Urbanization. Notable trends are: Increase in Urbanization Boosting Demand for Residential Real Estate.

The Real Estate Rental industry in Mexico includes companies that rent and lease real estate without using a broker or other form of intermediation. Establishments rent a variety of properties, including furnished and unfurnished homes; rooms for parties and conventions; offices and commercial properties; theaters; stadiums; auditoriums; land and industrial buildings. The market is largely segmented between residential and commercial leasing; revenue from residential rentals is expected to account for 47.7% of industry revenue in 2019, followed by commercial leasing at 42.0% of industry revenue. In 2019, revenue from storage and warehouse leasing is expected to account for 7.3% of industry revenue, with land leasing accounting for the remaining 3.0%.

Residential real estate prices in Mexico have been on an upward trend for more than a decade. In the fourth quarter of 2024, the average house price decreased by **** percent annually. Accounting for inflation, the increase was slightly lower, at **** percent. Across the different states, Mexico City was the most expensive location to buy a home.

The commercial real estate market in Mexico has grown since 2018, despite contracting during the coronavirus pandemic. As of the last month of 2024, the value of commercial real estate in Mexico was estimated at close to 595 billion U.S. dollars, up from 398 billion U.S. dollars the year before.

Greater Mexico City had the most industrial and logistics real estate space among select Mexican cities in the second half of 2024. The total inventory amounted to *** million square feet, compared to *** million square feet in Monterrey. Guadalajara, one of Mexico's smaller markets, had the lowest vacancy rate during that period.

The Latin American office real estate market, encompassing key nations like Brazil, Mexico, Colombia, and Chile, exhibits robust growth potential. Driven by expanding economies, increasing urbanization, and a burgeoning technology sector, the market is projected to maintain a Compound Annual Growth Rate (CAGR) exceeding 5.5% from 2025 to 2033. Significant investments in infrastructure and a rise in foreign direct investment further fuel this expansion. However, economic volatility in certain regions and potential regulatory hurdles pose challenges. The market segmentation reveals Brazil and Mexico as leading contributors to overall market size, benefiting from robust economic activity and substantial corporate presence. Colombia and Chile also contribute significantly, with a growth trajectory closely linked to their respective economic performance and attractiveness to international businesses. While precise market sizing for 2025 is unavailable, leveraging the provided CAGR and assuming a 2024 market size of approximately $100 billion USD (a plausible estimate considering the scale of the economies involved), the market size for 2025 can be estimated to be around $105.5 billion USD. This growth is expected to continue, with further expansion fueled by the increasing demand for modern and sustainable office spaces, particularly in major metropolitan areas. Competition among major players like CBRE Group, Cushman & Wakefield, and local firms such as OAS S.A. and Andrade Gutierrez S.A., is intensifying, leading to innovation in design, technology integration, and sustainable building practices. The market is also witnessing increased adoption of flexible workspaces and co-working models, catering to evolving corporate needs. This demand for flexible solutions is likely to drive further investment and growth in specific segments of the market. Long-term prospects remain positive, though careful consideration of macroeconomic factors and localized market conditions is crucial for successful investment and strategic planning. The forecast period from 2025 to 2033 presents lucrative opportunities, particularly for companies offering innovative and sustainable solutions tailored to the specific needs of different markets within Latin America. Recent developments include: June 2022: Patria Investments ('Patria'), a global alternative asset manager, acquired VBI Real Estate ('VBI'), one of the top independent alternative real estate asset managers in Brazil, with approximately USD 75 Million in assets under management across both development and core real estate vehicles. The transaction is structured in two stages, the first of which entails the acquisition of 50% of VBI by Patria. The second stage, when closed, will lead to full ownership and integration of VBI to Patria's platform, January 2022: Brazilian real estate group SYN Prop e Tech has enlisted US firm Paul Hastings LLP and local firm Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados to sell its stake in a portfolio of office buildings in São Paulo to Canadian asset management fund Brookfield for 1.8 billion reais (USD 318 million).. Notable trends are: Demand for Grade-A Offices, Co-working Offices to Rise.

The Latin American commercial real estate market presents a compelling investment opportunity, fueled by a robust CAGR exceeding 4% from 2019 to 2024 and projected to continue its growth trajectory through 2033. Significant drivers include burgeoning urbanization, expanding middle classes in key countries like Brazil, Mexico, and Colombia, and increasing foreign direct investment attracted by economic growth and infrastructure development. The market is segmented by property type (office, retail, industrial, logistics, multi-family, and hospitality) and geography (Brazil, Argentina, Mexico, Chile, Colombia, Peru, and the Rest of Latin America), reflecting diverse investment opportunities across varying economic landscapes. While the market shows considerable potential, challenges persist, including political and economic instability in certain regions, infrastructure limitations in some areas, and competition among established players and emerging startups. The presence of significant international players like CBRE and JLL alongside local firms such as Grupoguia and DNA Imoveis highlights a dynamic and competitive market environment, where both established players and new entrants are striving to capitalize on the growth potential. Further analysis suggests that the logistics and industrial sectors are likely to experience above-average growth driven by e-commerce expansion and manufacturing activity. The forecast for 2025-2033 suggests continued expansion, albeit potentially at a slightly moderated pace compared to the recent past, reflecting a more cautious approach to investment given global economic uncertainties. Brazil, Mexico, and Colombia are projected to remain the dominant markets, attracting the majority of investment due to their larger economies and more developed infrastructure. However, opportunities exist in other countries within the region, particularly as their economies mature and attract increased investment. The hospitality sector, while affected by recent global events, also demonstrates potential for recovery and growth, aligning with the resurgence of tourism in certain parts of the region. Successful navigation of the market requires careful consideration of specific country-level risks and opportunities, alongside an understanding of local market dynamics and regulatory frameworks. Key drivers for this market are: Overall economic growth driving the market, The growth of business and industries driving the market. Potential restraints include: Fluctuating economic conditions hindering the growth of the market, Difficulty in landownership and leasing rights affecting the market. Notable trends are: Recovery in Premium Office Segment Boosting Commercial Real Estate Market in Latin America.

The Latin America Office Real Estate Market is Segmented by Geography (Mexico, Brazil, Colombia, Chile, and the Rest of Latin America). The report offers market size and forecasts in values (USD billion) for all the above segments.

Residential Real Estate Mexico Market size was valued at USD 14.88 Billion in 2024 and is projected to reach USD 20.46 Billion by 2032, growing at a CAGR of 4.06% from 2026-2032.

Residential Real Estate Mexico Market: Definition/ Overview

Residential real estate refers to properties used for living purposes, which include single-family homes, condominiums, townhouses, and multi-family units.

These properties are primarily used for residential purposes and are not intended for commercial usage. Residential real estate is used for more than just shelter; it is also a significant financial investment, giving potential for rental income and long-term value appreciation.

The North American real estate brokerage market, valued at $227.08 million in 2025, is projected to experience steady growth, driven by factors such as increasing urbanization, a rising population, and a growing preference for professionally managed real estate transactions. The market's Compound Annual Growth Rate (CAGR) of 2.30% from 2025 to 2033 indicates a consistent, albeit moderate, expansion. This growth is fueled by robust activity in the residential sector, which typically constitutes a larger portion of the market compared to non-residential. Within the services segment, sales transactions dominate, though rental brokerage is also a significant contributor, particularly in urban centers experiencing high rental demand. Market segmentation geographically reveals the United States as the leading market, followed by Canada and Mexico, with each country exhibiting distinct market characteristics and regulatory landscapes influencing brokerage practices. Competition among established players like Keller Williams Realty, RE/MAX, and Coldwell Banker is fierce, with these firms continuously innovating through technological advancements, enhanced client services, and strategic acquisitions to maintain market share. The continued influx of smaller, independent brokerage firms adds another layer of complexity to this competitive landscape. The forecast period (2025-2033) will likely witness increased adoption of proptech solutions, streamlining processes such as property listings, virtual tours, and online contract management. This will lead to higher efficiency and potentially lower transaction costs. However, regulatory changes concerning licensing, disclosure requirements, and data privacy could act as potential restraints. Maintaining consumer trust and navigating ethical considerations surrounding data usage and algorithmic bias will be crucial for brokerage firms to successfully navigate the evolving technological landscape. The market’s growth trajectory will largely depend on macroeconomic factors including interest rates, inflation, and overall economic stability, which can significantly impact buyer and seller confidence and, consequently, transaction volumes. Recent developments include: June 2024: Real Brokerage Inc., North America's fastest-growing publicly traded real estate brokerage, reported a significant expansion, surpassing 19,000 agents after a robust month of recruitment., April 2024: Compass finalized its acquisition of Latter & Blum, a prominent brokerage firm based in New Orleans. Latter & Blum, known for its strong foothold in Louisiana and other Gulf Coast metros, has now become a part of Compass. This strategic move not only solidifies Compass' presence in the region but also propels it to a significant market share, estimated at around 15% in New Orleans.. Key drivers for this market are: 4., Increasing Urbanization Driving the Market4.; Regulatory Environment Driving the Market. Potential restraints include: 4., Increasing Urbanization Driving the Market4.; Regulatory Environment Driving the Market. Notable trends are: Industrial Rental Growth Faces Challenges Amidst Changing Dynamics.

In 2022, the housing market accounted for 5.2 percent of the gross domestic product (GDP) in Mexico, a slight decrease from the value reported the year before. In 2024, the Mexican real GDP is expected to recede slightly.

Mexico City (CDMX) had the lowest vacancy rate of industrial and logistics real estate among the ranked Mexican cities in the second half of 2024. Conversely, Monterrey, Mexico's second-largest industrial and logistics market, the vacancy rate was *** percent.