Introduction to Sociedad Hipotecaria Federal (SHF)
Sociedad Hipotecaria Federal (SHF) is a Mexican development bank that plays a crucial role in promoting homeownership and providing housing finance solutions. Established in 1964, SHF has been instrumental in making housing more accessible to Mexican families by offering affordable mortgage loans and other financial products.
Housing Price Index for Q3 2025
According to SHF’s recent report on the Housing Price Index for the third quarter of 2025, the average home purchase price in Mexico stands at approximately 1,863,022 pesos.
National and Regional Housing Price Trends
During the first nine months of 2025, housing prices across Mexico have increased by 8.6% compared to the same period in 2024, as per SHF’s data. This upward trend was observed in 21 federative entities, particularly those with significant tourism industries.
Municipal Housing Price Variations
On a municipal level, the housing index showed variations relative to the national average of 8.6% growth:
- 44 municipalities experienced housing price increases above the national average.
- 30 localities saw a slower growth rate in housing prices compared to the national average.
Top Municipalities with Highest Housing Price Growth
The municipalities with the most significant increase in housing prices by Q3 2025 are:
- Benito Juárez, Quintana Roo: 14.5%
- Los Cabos, Baja California Sur: 13.5%
- Solidaridad, Quintana Roo: 13%
- Tlaxcala, Tlaxcala: 12.9%
- Tepic, Nayarit: 12.6%
Key Questions and Answers
- What is Sociedad Hipotecaria Federal (SHF)?
SHF is a Mexican development bank that provides housing finance solutions, making homeownership more accessible to Mexican families. - What is the average home purchase price in Mexico as of Q3 2025?
The average home purchase price in Mexico is approximately 1,863,022 pesos. - How have housing prices changed in Mexico from Q3 2024 to Q3 2025?
Housing prices have increased by 8.6% on average across Mexico during this period. - Which regions experienced the highest housing price growth?
Tourism-focused regions, such as Benito Juárez, Quintana Roo; Los Cabos, Baja California Sur; and Solidaridad, Quintana Roo, saw the most significant housing price increases. - How do municipal housing prices compare to the national average?
Out of 44 municipalities with above-average growth, 30 experienced slower housing price increases compared to the national average.
