HXM » Topics » The average price

This excerpt taken from the HXM 6-K filed Apr 30, 2009.
The average price during the first quarter of 2009 for all homes sold was Ps.315 thousand, a 3.0 percent decrease compared to the first quarter of 2008. This result reflects Homex’ focus and participation in lower affordable products, evidenced by the 2.0 percent decrease in the average price for affordable entry level homes when compared to the first quarter of 2008.
 
AVERAGE PRICE
             
PRICE RANGE BY SEGMENT*
 
Thousands of pesos
 
1Q'09
   
1Q'08
   
Change
1Q09 / 1Q08
   
Low
   
High
 
Affordable-entry
  $ 270     $ 276       -2.0 %   $ 185     $ 600  
Middle income
  $ 824     $ 820       0.5 %   $ 601     $ 1,500  
Average price for all homes
  $ 315     $ 324       -3.0 %                
 
* The Company categorized its products sold during the quarter according to the price ranges presented above.
 

"The average price" elsewhere:

Acadia Realty Trust (AKR)
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