The figure that rose was the one corresponding to the cost of real estate. “The average price of titled homes increased by 2.0% during the third quarter of 2021 to $ 924.5 thousand from $ 905.9 thousand during the same period of the previous year,” said the company.
The increase corresponds to a greater diversification of constructions, which are distributed almost evenly among all segments.
Homes with a cost between 350,000 and 500,000 pesos, represented 25.6% in sales from January to September. Those of 500,000 and 700,000 pesos were 27.8%, from 700,000 to one million pesos they took 10.6%, up to 1.5 million pesos they were 20.6% and finally, those that exceeded this value became 9.6%.
This allowed the balance sheet for the first nine months of the year to be stable. Total revenues during this period grew 6.1%, while net income decreased 0.12%.
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