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: Mortgage Lender Implode-o-MeterMexico housing demand to slump in 2009, gov't warns
By Implode-Explode Heavy Industries
Fewer Mexicans are buying homes this year as a deep recession and rising unemployment make buyers wary, Finance Minister Agustin Carstens said on Thursday.
"Demand for housing this year will be 7.1 percent less than in 2008," Carstens told executives at a mortgage industry event.
Full post as published by Mortgage Lender Implode-o-Meter on June 19, 2009 (boomark / email).
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