Tendencias del mercado inmobiliario para el 2025: Tinsa México by Accumin

2025 will be a stable year, although with challenges. At Tinsa México by Accumin, we expect sales growth in the housing market of 2.5% to 3%, driven by the following trends:

• Sales growth in the housing market is expected to be 2.5%.
• Institutional income is positioned as an organized alternative to the traditional income market.
• The retail market is starting to get busier.
• Changes in the composition of the housing segment - Currently, new housing development is concentrated in residential segments, although there is unmet demand in social sectors, creating an area of opportunity.
• The sustainability theme is gaining momentum - Green mortgages and their preferential rates will be an area of opportunity for both bridge loans and mortgages, so emphasis will be placed on seeking LED certifications and other sustainability issues. By the end of 2024, projects with a sustainability certification such as EDGE or LEED will represent less than 5% of active projects, clearly representing an area of opportunity.
• Institutional rental market boom - Also known as "multifamily," institutional rentals are positioning themselves as an organized alternative to the traditional rental market, known as the "shadow market," in areas with high capital gains, generating good investment opportunities.
• Ticket Price above the value per square meter - The value per square meter is still relevant. However, the Ticket Price has become a crucial factor for developers to stay in the market. In many cases, the size of the home is reduced to maintain a competitive Ticket Price.
• Downsizing - Over the last decade, the average home size has shrunk by more than 20m2, due to economic and market factors. We've moved from ideal properties of between 90 and 110m2 to more compact units, especially in central areas of large cities, in line with current ticket prices.
• Young people's share of demand - The increase in demand from young families is changing the type of property. This group is seeking well-located properties, both for rent and for sale, close to parks, gyms, shopping centers, and restaurants, sacrificing size.
• Efficient amenities - Efficient amenities that don't generate high maintenance costs are currently in demand. Amenities that create community and compensate for the small size of properties are favored. Walking distance will be a key factor in development.

Expansion of the retail market

After difficult years as a result of the pandemic, the retail sector is beginning to see more activity. We're seeing shopping centers with more occupied stores, lines of people shopping, and new brands are arriving in Mexico. The balance between online and physical commerce has been consolidated.