The characteristic of this period for companies listed on the Mexican Stock Exchange (BMV) was the increase in income, derived from a greater number of units sold, but mainly from properties sold at higher prices.

Javer, Vinte and Cadu opted for the residential segment (mainly in vacation destinations) and the strategy worked, since it was the best seller, displacing even the middle segment, which in some cases was in third place in sales.

Homex experienced the opposite phenomenon. The cheapest houses were the ones that contributed the most money during April, May and June of this year. Of 293 registered units (134% more than last year), 71% corresponded to the low-income segment, while the average 27% and residential 2%.

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The average price for the home was 473,000 pesos, 41% lower than the one compared to the same period, but last year. However, the income growth was 86% reaching 277.9 million pesos.

Ara's case is one of the most representative. The increase in sales was 14% during 2Q21 and corresponds to the fact that more residential homes were sold. Total revenues were 1,517.3 million pesos, 37.1% more than last year.

The most expensive segment represented 70.5% of the money collected, while the social segment 31.5%, both left out the middle with 14.7%.

Meanwhile, Javer registered a growth of 92.1% compared to 2Q20. The residential segment increased its participation by 38%, while the medium segment by 3.7% and the economic segment fell 10.5%. The homemaker attributed the success to its digital sales channels.

Enter Solili to know the offer of apartments for sale for up to 4 million pesos near the Polanco area.

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