ÌÇÐÄÆƽâ°æ

Montevideo, Uruguay's capital, leads Latin American cities with the highest apartment sale prices in 2025, averaging U.S. dollars per square meter. This figure surpasses other major metropolitan areas like Mexico City and Buenos Aires, highlighting significant disparities in real estate markets across the region. The data underscores the varying economic conditions and housing demand in different Latin American urban centers. 

Regional housing market trends

While Montevideo tops the list for apartment prices, other countries in Latin America have experienced notable changes in their housing markets. Chile, for instance, saw the most substantial increase in house prices since 2010, with its nominal house price index surpassing *** points in early 2025. However, when adjusted for inflation, Mexico showed the highest inflation-adjusted percentage increase in house prices, growing by nearly *** percent in the first quarter of 2025, contrasting with a global decline of one percent.

Home financing in Mexico

The methods of home financing vary across Latin America. A breakdown of homeownership by financing method in Mexico reveals that about two-thirds of owner-occupied housing units were financed through personal resources in 2022. Nevertheless, government-backed loans such as Infonavit (Mexico’s National Housing Fund Institute), Fovissste (Housing Fund of the Institute for Social Security and Services for State Workers), and Fonhapo (National Fund for Popular Housing), play an important role for homebuyers, with just over ** percent of home purchases relying on such finance. Bank credit, which offers mortgage loans with interest rates ranging between **** and ** percent, appeared as a less popular option.