The end of the third wave of COVID-19 reached to hit Vinte during the third quarter of the year, causing a drop in the sale of units, although in the balance of the nine months of the year that have been accounted for, it has managed to maintain positive figures .

During this period, income had a contraction of 2.2%, going from 922,328 million pesos to 901,433 million pesos, according to data from the quarterly report of the housing unit.

The figure is related to a steeper drop in the number of units sold, which from July to September was 14.4%. The net profit managed to avoid the fall with a growth of 0.12%.

Of interest: The real estate industry driving the Mexican economy, AMPI

The figure that rose was the one corresponding to the cost of real estate. "The average price of titled homes increased by 2.0% during the third quarter of 2021 to $ 924.5 thousand from $ 905.9 thousand during the same period of the previous year," said the company.

The increase corresponds to a greater diversification of constructions, which are distributed almost evenly among all segments.

Check here: Demand for real estate shoots up in Mérida and Querétaro, after a pandemic

Homes with a cost between 350 and 500 thousand pesos, represented 25.6% in sales from January to September.

Those from 500 to 700 thousand pesos were 27.8%, from 700 thousand to one million pesos they took 10.6%, up to 1.5 million pesos they were 20.6% and finally, those that exceeded this value became 9.6%.

This allowed the balance sheet for the first nine months of the year to be stable. Total revenues during this period grew 6.1%, while net income decreased 0.12%.

In Solili you can check available apartments in Narvarte, Centro and Del Valle

Original note