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Here's How Much a House in the US Costs Compared to Mexico, Canada and China
Here's How Much a House in the US Costs Compared to Mexico, Canada and China

Yahoo

time06-07-2025

  • Business
  • Yahoo

Here's How Much a House in the US Costs Compared to Mexico, Canada and China

As the world becomes more interconnected, more people are considering living abroad, from countries neighboring the U.S. to across the globe. However, the price of international property is far from consistent, varying substantially by region. Find Out: Learn More: While hopeful homeowners looking in Mexico will find average home prices substantially below the national average, those looking in Canada may have to pay more. China's home prices, on the other hand, are only slightly less per square meter than those in the United States. Here's precisely how much a house costs in the U.S. compared to in Mexico, Canada and China. According to Zillow, the average home value in the United States in 2025 is $367,969, a 0.8% increase compared to last year. The median list price is $409,933 as of May, and in April the median sale price was $357,600. Homes are selling relatively quickly in the country, going pending after around 17 days on the market. The tech real estate company notes that as of spring 2025, the U.S. is in a seller's market. Homebuyers hoping to purchase property south of the border are in luck, considering houses are considerably more affordable in Mexico compared to the U.S. Mexico News Daily, the country's English-language newspaper, notes that the average home price in Mexico was 1.724 million pesos between January and June of 2024, or $92,500 when converted to American dollars. The price, however, did mark a 10% increase in cost compared to the previous year. People looking to relocate to the United States' northern neighbor might be paying more for property compared to what they are used to. According to the Canadian Real Estate Association (CREA), the average home price in Canada in 2025 is $691,299. Using today's exchange rate, this means that the average Canadian home price is around $504,787, considerably higher than the national average in the US. The value, however, does represent a 1.8% decrease from the average Canadian home price in 2024. In China, home prices are typically viewed in terms of cost per square meter. According to Global Property Guide, home prices and rent are still declining throughout the region. As of March 2025, the price per square meter for newly constructed property in China was 16,740 RMB or $2,334. The significant difference lies in the average income-to-average house price ratio. In China, housing prices have long outpaced income, making the market nearly unaffordable. New policies have helped to cool the market, bringing down prices for new construction and second-hand homes. Homebuyers looking to move to the U.S. or relocate to another country will also want to be aware of the potential role that tariffs may play in pricing. The National Association of Home Builders estimates that tariffs could affect the cost of a new home by $10,900. Tariffs increase the cost of construction supplies and can negatively impact the supply chain. While some tariffs have been paused, many remain in limbo, leaving construction companies to wonder whether prices for items like Canadian lumber will rise in the near future. International housing markets have also been impacted by these tariffs, driving up the costs of new builds and renovations. More than anything, the tariffs seem to have caused uncertainty in the markets, which is always challenging and tends to deter buyers and sellers from making any significant moves. More From GOBankingRates 3 Luxury SUVs That Will Have Massive Price Drops in Summer 2025 7 Luxury SUVs That Will Become Affordable in 2025 9 Downsizing Tips for the Middle Class To Save on Monthly Expenses This article originally appeared on Here's How Much a House in the US Costs Compared to Mexico, Canada and China

Mexican Drug Lord El Chapo's Ex-Wife Among Relatives Who Surrendered To US: Report
Mexican Drug Lord El Chapo's Ex-Wife Among Relatives Who Surrendered To US: Report

NDTV

time23-05-2025

  • NDTV

Mexican Drug Lord El Chapo's Ex-Wife Among Relatives Who Surrendered To US: Report

At least 17 relatives of drug lord Joaquin "El Chapo" Guzman Loera crossed the US border as part of a secret plea agreement with the Federal Bureau of Investigation (FBI) officials, multiple reports said. The group, which turned themselves in to the FBI at the border between Tijuana/San Diego, included the ex-wife of the notorious former Sinaloa drug cartel boss and their daughter, Mexico News Daily reported. The surrender is reportedly tied to a secret plea deal with the US government in connection with the case against El Chapo's son, Ovidio Guzman Lopez, also known as "El Raton" or "The Mouse." On Monday, journalist Luis Chaparro said on his online programme, Pie de Nota, that Griselda and a daughter of Guzman were among those who crossed into the United States. "According to the reports from our sources, the family turned themselves in to the FBI at midday last Friday at the San Ysidro port of entry in Tijuana. According to the information from the same sources, among these people are Griselda Lopez, mother of Ovidio, several nephews and nieces, a grandson by the name of Archivaldo, and a daughter of Chapo, together with a son-in-law," the journalist was quoted as saying by the Mexico News Daily. Mr Chaparro added it was unclear why the family members handed themselves in to the FBI. Speaking with the Spanish-language outlet Radio Formula on Wednesday, Mexican Security Secretary Omar Garcia Harfuch said, "It's clear that with his family going to the United States, it's connected to this negotiation or plea deal opportunity provided by the Department of Justice itself." Ovidio was extradited to the US in September 2023, eight months after being apprehended in a huge operation by heavily armed Mexican police that left 29 dead. Lopez, 35, one of the four El Chapo's sons, was charged with drug trafficking, money laundering and other counts. His plea hearing is scheduled for July 9. Griselda Lopez Perez and her relatives reportedly carried more than US$ $70,000 in cash when they crossed the border. "This act of getting his family to safety could be a sign that Los Chapitos might be losing the war in Sinaloa or that the war is going to get a lot worse," Chaparro added. The terms of the potential plea offer and its connection to the family's arrival in the US have not been disclosed by US prosecutors, The New York Post reported. The elder Guzman was arrested and extradited to the United States in 2017, where he was eventually convicted of narcotics trafficking, money laundering, and other counts and sentenced to life in prison.

El Chapo's ex-wife, daughter among 17 relatives who crossed US border in surprise deal: reports
El Chapo's ex-wife, daughter among 17 relatives who crossed US border in surprise deal: reports

New York Post

time14-05-2025

  • New York Post

El Chapo's ex-wife, daughter among 17 relatives who crossed US border in surprise deal: reports

It's a crime family affair. The ex-wife of jailed Mexican drug lord Joaquin 'El Chapo' Guzman and 16 other relatives strolled across the US southern border as part of a secret plea deal with the feds, according to reports. Griselda Lopez Perez, who was married to the notorious former Sinaloa drug cartel boss, her daughter and other kin entered the US at the Tijuana/San Diego crossing Friday — a move believed to be tied to the government's case against El Chapo's youngest son, Mexico News Daily reported. 5 Drug trafficker El Chapo's ex-wife and 16 other relatives entered the US Friday as part of a deal with the feds. Blog del Narco 'It's clear that with his family going to the United States, it's connected to this negotiation or plea deal opportunity provided by the Department of Justice itself,' Mexican Security Secretary Omar Garcia Harfuch told the Spanish-language outlet Radio Formula on Wednesday. Video footage posted on X by the outlet on Tuesday shows the drug trafficker's family lugging suitcases as they wait to be processed at the border — reportedly packing $70,000 in cash with them. Griselda's son with the drug lord, Ovidio Guzman Lopez, a narcotrafficker known as 'El Raton,' or the Mouse, was extradited to the US in September 2023, eight months after he was captured in a massive raid by heavily armed Mexican police that left 29 dead. 5 Griselda Lopez Perez, the ex-wife of jailed drug lord Joaquin 'El Chapo' Guzman, entered the US with 16 relatives. 5 Ovidio Guzman Lopez, the youngest son of jailed drug lord Joaquin 'El Chapo' Guzman, is facing charges in Chicago. Guzman Lopez, 35, is one of the four El Chapo sons known as 'Los Chapitos,' and was charged with drug trafficking, money laundering and other counts after being extradited to the US. According to court records, he pleaded guilty to five counts in the federal indictment and was scheduled for a 'status hearing' in the case in Illinois on Monday — three days after his mom crossed the border. However, those proceedings were scrapped, and he is now due to appear for a plea hearing on July 9. US prosecutors have not revealed the terms of a possible plea offer nor how the family's arrival may be tied to it. The Mexican ministry told CNN that the relatives themselves were not wanted on charges there. 5 Joaquin 'El Chapo' Guzman, once one of the world's most powerful drug traffickers, is serving life at a Colorado prison. Newsflash 5 Ovidio Guzman's pending guilty plea is believed to be behind his family's deal with the FBI to enter the US. Blog del Narco The elder Guzman was once one of the most powerful drug traffickers in the world. Under his leadership, the Sinaloa cartel grew to one of the largest importers of narcotics into the US. He was arrested and extradited to the US in 2017 and was later convicted on drug trafficking, money laundering and other charges and sentenced to life in prison. He is being held at ADX Florence, a supermax prison in Colorado.

Officials issue critical update on historic crisis facing world capital: 'It literally changed my life'
Officials issue critical update on historic crisis facing world capital: 'It literally changed my life'

Yahoo

time07-05-2025

  • Climate
  • Yahoo

Officials issue critical update on historic crisis facing world capital: 'It literally changed my life'

After coming dangerously close to a full-blown water crisis last year, Mexico City is finally seeing a bit of relief. The Cutzamala reservoir system, which supplies about one-third of the city's water, has rebounded to 56% capacity as of April 1, according to Mexico News Daily. That's a significant jump from just 34.7% this time last year. It's a much-needed boost after a tough stretch marked by prolonged drought, delayed rainfall, and record-breaking heat. But while officials are cautiously optimistic, they're not celebrating just yet. Water levels are still far below historic norms — in 2019, the reservoir was more than 80% full. And the big question remains: How long will this improvement last? So far in 2025, the region has recorded no rainfall. Meanwhile, temperatures are climbing — and with them, water demand. In March alone, usage spiked from 8.64 to 10.95 cubic meters per second, according to Mexico News Daily — a sharp increase in just a few weeks. At the same time, the infrastructure is under serious strain. The Cutzamala system is more than 40 years old, and over 40% of its water is lost to leaks before it ever reaches homes and businesses, according to a study cited by MND. City officials are looking to the future. Mayor Clara Brugada has rolled out a plan to cut Mexico City's dependence on the Cutzamala system by half over the next two years, MND reported. That effort includes expanding water purification plants to serve communities that have long struggled with access, particularly in water-scarce boroughs like Iztapalapa and Xochimilco. Across the country, others are stepping up, too. In the drought-prone mountains of Oaxaca, a group of Indigenous Zapotec women are reclaiming ancestral knowledge to build water resilience from the ground up. With help from the nonprofit Grupedsac, they've installed rainwater catchment tanks, adopted drought-resistant farming techniques, and built composting toilets — all while strengthening their roles as community leaders. "It literally changed my life," said Agustina Ortiz, one of the women leading the effort. The project has not only improved access to clean water but also empowered women with financial and emotional tools to uplift entire villages. Back in Mexico City, the message is clear: progress is possible — but only if today's break in the crisis is used to prepare for tomorrow. Individuals can make a difference, too, as this guide covers some steps anyone can take around their own homes to use less water. Join our free newsletter for good news and useful tips, and don't miss this cool list of easy ways to help yourself while helping the planet.

Tourist arrested, attacked by locals after scaling world-famous sacred Mayan temple, video shows
Tourist arrested, attacked by locals after scaling world-famous sacred Mayan temple, video shows

Yahoo

time23-03-2025

  • Yahoo

Tourist arrested, attacked by locals after scaling world-famous sacred Mayan temple, video shows

A tourist in Mexico is facing charges after he climbed stairs of one of the New Seven Wonders of the World before furious locals took justice into their own hands by beating the man. Bystander footage shows the individual – who authorities have yet to name – scaling the side of the Temple of Kukulcan in Chichén Itzá in Yucatan last week. The man was one of two separate visitors filmed climbing the pyramid on Thursday, as approximately 9,000 tourists flocked to the temple – referred to as El Castillo – to observe the spring equinox, according to local outlet Mexico News Daily. Mexico Tourist Whacked With Stick, Heckled After Illegally Climbing Sacred Mayan Pyramid "He eluded us, even though we're keeping watch on the western side of the temple," a National Guard member told Mexico News Daily. "He ran past us. He's clearly in good physical condition." Video shows one of the men scaling the steps as security guards chased after him. One of the trespassers, a 38-year-old German tourist, reportedly attempted to hide inside the pyramid chamber, but was found by authorities and escorted out of the historic site. Read On The Fox News App Mexican National Guard officers and personnel from the National Institute of Anthropology and History (INAH) attempted to shield the man, who was being attacked by the crowd as angry onlookers shouted that he should be "sacrificed" - referring to the human sacrifices that were once carried out at the top of the pyramid by the ancient Mayans, the local paper reported. Americans Considering Spring Break Vacation In Mexico Warned Of Murder Spike The incident comes as thousands of tourists flock to the Chichén Itzá to witness an event known as the Descent of the Feathered Serpent, a natural phenomenon where the sunlight casts a serpent-shaped shadow along the pyramid's stairs, during the spring equinox. The site hosts a four-day-long program featuring activities for guests to enjoy. However, the events do not include climbing the nearly 1,000-year-old pyramid, which was outlawed in 2006 to protect the structure. The two tourists were arrested and face potential fines under Article 55 of the Federal Law on Archaeological, Artistic, and Historical Monuments and Zones of Mexico, according to Mexico News Daily. Us Issues Major Travel Advisory For Mexican Border State Over Concerns With Gun Battles, Iedsus Issues Major Travel Advisory For Mexican Border State Over Concerns With Gun Battles, Ieds A strikingly similar incident unfolded two years ago when a Polish tourist chose to scale the same pyramid. The man was filmed running up the sacred temple's stairs before a bystander whacked him with a stick as authorities placed him under arrest. The man was held in jail for 12 hours and fined 5,000 pesos, according to the Mexico Daily Post. Chichén Itzá authorities did not immediately respond to Fox News Digital's request for comment. Fox News Digital's Andrew Mark Miller contributed to this report. Original article source: Tourist arrested, attacked by locals after scaling world-famous sacred Mayan temple, video shows

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