One of the reasons for this is simply that this is where much of the action has been over recent years; activity and prices in the markets for most other types of property, other than perhaps rural property, have been relatively more subdued. Another reason is the role that residential construction plays in economic growth.
Javier Guzmán Calafell: Level and volatility of food prices: challenges and prospects Remarks by Mr Javier Guzmán Calafell, Deputy Governor of the Bank of Mexico, at the panel on “Level and volatility of food prices: challenges and prospects” at the “Food security in a context of high food price volatility and low productivity in Latin America and the Caribbean: challenges and opportunities” international seminar, Guadalajara, 27 March 2014.