Real estate demand in Mexico City grows 38%
Mexico City's real estate demand in the first four months of 2021 was up 38 percent compared to the same period of the previous year.
Despite the fact that Mexico City's real estate demand was strongly affected by the Covid-19 pandemic and the containment measures, it seems to regain interest. During the first four months of 2021, real estate demand in the Capital registered a 38 percent increase compared to the same period of the previous year.
Thus, it ranked 17th at the national level in the ranking of states with the highest growth in the supply of residential, commercial, industrial, office and land properties for sale and rent. This was announced in Lamudi's Real Estate Report 2021, which also revealed that one of the neighborhoods with the highest real estate interest is Narvarte, in the Benito Juárez district, with a 20.6 percent share.
In second place is Roma Norte, in Cuauhtémoc, with 13.8 percent, followed by Polanco, in Miguel Hidalgo, with 12.7 percent. The next neighborhoods with the highest demand are Copilco el Alto, with 8.5 percent, and Lindavista Norte, with 7.7 percent.
The supply of real estate in Mexico City has a greater share in the residential sector, with 80.4 percent. In second place is the corporate sector, with 10.9 percent, while commercial and land have a 3.9 percent and 3.4 percent share, respectively, and industrial with 1.4 percent.
