Particle.news
Download on the App Store

Montevideo Tops Latin America’s Housing Price Ranking as Three Mexican Cities Enter the Top Five

The latest RIAL survey reports a six-month rise in dollar prices across the region.

Overview

  • September 2025 data place Montevideo first at US$3,209 per m2, followed by Mexico City (US$2,909), Monterrey (US$2,787), Guadalajara (US$2,717) and Buenos Aires (US$2,622).
  • Across the 12 cities measured, asking prices rose 6.2% in US dollars since March, equivalent to 4.5% in real dollars and about 1.2% in local-currency real terms.
  • Guadalajara posted the largest six-month gain at 14.7% in dollars, with São Paulo up 13.2% and Rio de Janeiro up 9.5%, while Mexico City rose 9.1% and Monterrey 7.5%.
  • Prices fell in Montevideo by 3.6% and in Quito by 1.2% over the same period, marking the only declines in the sample.
  • The biannual RIAL study by UTDT’s CIF uses online listing asking prices from comparable districts across 12 cities in seven countries, with results sensitive to inflation and exchange-rate movements.