Homebuilding Sector Performance

Homebuilding Industry Trends

The homebuilding industry in Mexico has historically been characterized by dynamic growth supported by population dynamics, a deep home deficit and the strong support from the two main mortgage banking dedicated funds in Mexico: INFONAVIT and FOVISSSTE. During 2010 the Mexican Housing sector remained dynamic and healthy, with a market value of around U.S$ 20,000 million, where approximately 1.1 million homes were financed during the year.