Quintana Roo — Residential real estate investment in Quintana Roo slowed by 3% to 5% at the start of 2026, according to the Mexican Chamber of the Construction Industry (CMIC). The organization’s Quintana Roo chapter president, Manuel Jesús Moguel Manzur, attributed the slowdown to planning for operational programs typically defined during the first quarter.
Despite the slow start, Moguel Manzur said activity is beginning to pick up. “The sector is recovering; we should see improvement by the end of the first half of the year,” he stated.
Local construction firms have gained ground in state and municipal public works projects, now holding a 30% share, particularly in the northern part of the state, which serves as the region’s economic engine. The goal for 2026 is to increase this presence in public tenders.
One factor that previously pressured the sector was material costs. However, Moguel Manzur confirmed that steel and aluminum prices, previously affected by tariffs, have now stabilized, providing certainty for new projects.
Following the completion of major federal projects in the region, the construction sector reports renewed availability of labor. Moguel Manzur highlighted this as an opportunity for private initiative, though he emphasized the need to standardize costs and strengthen worker training to maintain quality in both public and private construction.
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