Mexico’s real estate sector rebounds despite pandemic

According to a sector CEO, plans to buy a home during the pandemic have been postponed, rather than halted, with 31% of respondents stating that they will pursue their plans to move by next year.

RIO DE JANEIRO, BRAZIL - Mexico's real estate sector is showing significant recovery despite the pandemic, with an increase in home buying intentions, according to a survey released Thursday (23) at the InCON 2021 Real Estate Summit.

Vivanuncios' CEO Roberto Esses explained that "it is a fact that purchase intentions despite the pandemic have been growing, as 83% of respondents intend to buy."

"The need to spend more time at home, along with medical recommendations to remain active, leads buyers to prefer homes with larger recreational spaces: gardens, patios and terraces," Esses said.

"Half of respondents have not reduced their . . .

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