The Mexican Association of Real Estate Professionals (AMPI) warned that the Mexican housing market is going through a period of increasing complexity, marked by sustained price increases, low production of new homes, and a financing environment that is still insufficiently accessible.
AMPI proposes solutions and convenes its Congress in Chihuahua to address the sector’s challenges.
At a press conference during the presentation of the 54th International Real Estate Congress, to be held from October 21 to 24 in Chihuahua, AMPI National President Karim Oviedo Ramírez noted that housing prices in the country are increasing by between 8.2% and 10% annually, well above inflation, which has shifted demand toward existing homes and outlying areas.
According to industry figures, 2024 saw the lowest level of new housing production in a decade, with just over 128,000 units, while the downward trend continued in the first quarter of 2025. This deficit has resulted in more than 60% of mortgage transactions being concentrated in existing housing.
Among the factors exacerbating the problem, Oviedo highlighted urban red tape and a lack of regulatory certainty, which make projects more expensive and discourage investment. He also warned that initiatives such as the Fair Rent Law and the First Ordinance in Mexico City, while seeking to curb gentrification, could have the opposite effect if they impose widespread rent caps, reducing the formal supply and discouraging construction.
He also highlighted the issue of mortgage loan interest rates, which are still not low enough.
During the press conference, he also spoke about the upswing in existing housing transactions due to the lack of new housing production. proposals for the “Bienestar” housing program and highlighted the need for other assertive measures for the First Party to curb gentrification in Mexico City.
The Chihuahua Congress—the first edition held in that state—will bring together more than a thousand professionals from the sector, who will share experiences, best practices, and innovative solutions to market challenges.
With 69 years of experience, more than 105 sections, and seven thousand members, AMPI seeks to strengthen the professionalization of the sector and promote a more accessible and sustainable housing agenda aligned with the real needs of Mexican families.
Source: realstatemarket
