Overview
- Banorte’s housing index reports a 3.9% yearly rise in March with an average of 31,631 pesos per square meter, based on web-scraped listings and repeat-sales adjustments.
- An ITESO review of about 820,000 online listings finds a 4 million peso median sale price and 22,000 pesos for median monthly rent, with listings reaching 65 million and 200,000 at the top end.
- At those levels, a typical 4 million peso home would require roughly 122,795 pesos in monthly income versus an average household income near 21,355, illustrating a six-fold gap.
- In Guadalajara, average asking prices cluster around 4 to 7.4 million pesos and high rents push residents to the metro fringes, lengthening daily commutes.
- Local fallout is visible as DIF Jalisco notes more families living on the street, civil groups hand out cardboard shelters, and AMPI backs a new state law that requires accredited agents to curb fraud.