Monterrey has become one of the most dynamic and attractive real estate markets in Mexico in recent years, thanks to several key factors that have driven its growth.
The arrival of numerous industries and large companies in Nuevo León has been an important driver for the local economy, allowing the region to register a growth in its GDP above the national average, even after the pandemic, indicated the Mexican proptech Clau.com.
One of the most important elements in this growth has been the nearshoring phenomenon. This strategy, which involves moving industrial operations to nearby countries with lower costs, has greatly benefited Nuevo León, positioning it as a national leader in attracting companies looking to bring their production centers closer to the United States.
In 2023 alone, the state was home to 22 of the 100 largest companies in Mexico, which has not only attracted significant investments but also generated an influx of families and professionals, both national and international, looking to settle in cities such as Monterrey, Apodaca, Escobedo and Pesquería.
With this economic expansion, the demand for housing in Monterrey has grown in parallel. With almost half of its population in the 20 to 49 age range, the need for properties that adapt to a modern and urban lifestyle is increasingly evident. This has led to a boom in the development of vertical housing, which is preferred by new generations due to its proximity to work centers and the offer of nearby services and entertainment, the proptech noted.
In addition, Monterrey has stood out for having the highest housing sales offer price nationwide in 2023, reflecting the high demand and the value attributed to living in a constantly growing city.
Modern tools, such as online valuation platforms, have made it easier for buyers and renters to find properties that fit their needs and at competitive prices.
Thanks to a combination of economic growth, industrial opportunities, and a real estate market that responds to the needs of an active and constantly expanding population, Monterrey has managed to establish itself as a magnet for investors and new residents.
Source: realstatemarket
