New NM housing report projects increased demand despite stagnant population

The demographic changes and high interest rates leave low-income households in a “twilight zone," one analyst said.

By: Patrick Lohmann

Outlets: Source New Mexico

Published: June 10, 2026

Words: 541

Last Updated: 1 day, 7 hours ago

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Even though New Mexico’s housing production in recent years has kept pace with modest population growth, the state’s demographic trends and high interest rates nationwide contribute to a dormant housing market that one analyst says leaves low-income households in a “twilight zone.”

Roger Valdez, director of the New Mexico Center for Housing Economics, based that assessment on new data from Housing New Mexico, the state’s mortgage finance authority, which recently updated its comprehensive …

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