Mexico’s house prices have grown steadily since 2015. So now might be a good time to buy in Mexico. But what real estate website should you visit?
- MercadoLibre (99 million visits per month)
- Segundamano (4.7 million visits per month)
- Vivanuncios (4.2 million visits per month)
- Inmuebles24.com (2.4 million visits per month)
- Lamudi (1.2 million visits per month)
- icasas.mx (580K visits per month)
- MetrosCubicos (460K visits per month)
- Casasyterrenos (150K visits per month)
- casas.trovit.com.mx
Note: this ranking is the result of online searches, coupled with traffic estimates (Similarweb).
Real Estate Prices in Mexico – is it a good time to buy real estate?
Both GlobalPropertyGuide and Moody’s Analytics show that real estate prices are growing in Mexico. It seems that the only official source of data is the SHF (Sociedad Hipotecaria Federal). Graphically, these figures result in a price increase since 2015, as shown below (graph from economy.com).
1 Million Foreigners live in Mexico
According to CNN, over 1 million foreigners live in Mexico. Notably, 75% of them were born in the United States. Other nationalities, such as the French, appear in the top 10 nationalities of foreigners living in Mexico.