Puerto Vallarta Condo Tower Shows that High-End Market Still Thrives

May 12, 2008
By: Scott Baltic, Contributing CPN Editor
The launch party will be held Friday and five of 46 condo units are presold, with three more under contract. Not earth-shattering, perhaps, but further evidence that the real estate slowdown is an inconsistent beast. 
The first of two towers at Grupo GVA’s $40 million-plus Dos Marias condo project [...]

Mexico prospering despite U.S. slowdown

MEXICO CITY — A sizzling stock market. A strengthening peso. Good economic growth. Someone forgot to tell Mexico that the U.S. has been flirting with recession.
Mexico’s gross domestic product expanded at an annualized rate of 2.6% in the first three months of the year compared with a year earlier, according to government figures released Thursday. [...]