Mexico: dynamic economy, stable and affordable house prices
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Mexico’s housing market and economy are still recovering from the economic slump which resulted from the US downturn. In 2013, house prices in Mexico rose by about 4.1%. However, when adjusted for inflation, house prices were up by only 0.4%, based on figures from Sociedad Hipotecaria Federal (SHF).
American buyers are very important as owners of beachfront properties, which were badly affected by the slump of 2009-10 in areas like Baja California Sur, Nayarit, Baja California, Guerrero and Sinaloa.
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