Overview

• The SHF index rose 8.4% year-on-year in H1 2025, marking the slowest half-year increase in two years but nearly double June inflation at 4.32%.
• Economic-social housing posted the highest growth at 10.7% while medium-residential climbed 7.2% and new and used homes gained between 8.2% and 8.6%.
• Twenty-three states outpaced the national average, led by Quintana Roo (13.5%), Tlaxcala (13.4%) and Baja California Sur (12.4%), and Mexico City saw the smallest rise at 4.9% despite having the highest average price of 3.87 million pesos.
• National mean home values reached 1.86 million pesos with a median price of 1.2 million pesos, and second-quarter prices alone grew 8.7% year-on-year amid tepid economic growth.
• Variations in state-level figures across media summaries underscore the need for caution in interpreting local data amid persistent supply constraints and affordability challenges.