The price of rents has dropped in San Luis Potosí, says the AMPI – El Sol de San Luis

The price of rents has dropped in San Luis Potosí, says the AMPI – El Sol de San Luis
The price of rents has dropped in San Luis Potosí, says the AMPI – El Sol de San Luis

During the first half of the year there was a rebound in some niches of the real-estate marketindicated Francisco Eduardo Naif Gallegos, president of the Mexican Association of Real Estate Professionals (AMPI).

Naif Gallegos pointed out that until the end of May, there is a rebound in various niches of the real estate market, for example, in the income sector There was an increase of around 7% in transactions.

He explained that this rebound is due to a decrease in rental pricessince he recognized that the owners of the properties have had to lower their costs so that the real estate agents can place them, “it has decreased by 7 or 8%, for example in areas where the average rent was 10 thousand pesos, today it is of 8 thousand or 9 thousand pesos.”

In the case of the home salesindicated that the residential sector, which is of higher price, has maintained a constant pace of placement in the last five years, this without taking into account the decline that occurred during the pandemic“it is maintained in slow but constant conditions.”

Still, he acknowledged that There are certain markets that have not yet managed to reboundFor example, the one that still has problems is the affordable housingsince the deficit of low-cost real estate persists, “not obtaining land at adequate prices is resulting in a deficit of more than 1,200 or 1,300 homes for sectors of 600 to 700 thousand average pesos.”

Naif Gallegos specified that the above occurs mainly in the capital of Potosí, since in the case of the neighboring municipality of Soledad by Graciano Sánchezused housing has managed to solve the need for affordable housing.

He explained that this supply of used housing is mainly due to two causes: there are many people who are looking to sell their home because they are going to move, or there are even those who own two houses and put one up for sale, “there are more options.”

 
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