South American Real Estate News

/ All categories of countries are / For the sixth consecutive month, the level of activity in the Argentine rural real estate market increased

For the sixth consecutive month, the level of activity in the Argentine rural real estate market increased

Precios de la tierra agrícola actualizados 2016

Farmland sales and rentals increased by 18% in June, compared to May 2018 driven by the positive exchange rate stability and the rebound of the Governments popularity in recent surveys.

The rural farm price index that measures the level of activity in the rural real estate market (Incair) grew again once again in June and accumulates six consecutive months of increases, reported the Argentine Chamber of Rural Real Estate (Cair).

The indicator, which is based on the real estate operations carried out and surveys had an increase of 18% in June (46.54 points) compared to May (39.42 points).

The index value in June, in addition, is very similar to that of April of last year (46.02 points), before the sharp rise in the US dollar began and inflation accelerated. “The stability of the last 60 days, added to the growing chances of continuity of the current government, strokes positive expectations for the rural sector,” explained from Cair.

The rural valuation specialists in the organization consider that to sustain the economic stability it is necessary that the current activity of the rural real estate market “continues leaving behind eight years of relatively poor performance”.

Source: El Clarin

(Visited 17 times, 1 visits today)
Gateway to South America

About Gateway to South America

Gateway to South America was established in 2006 as a single office in Buenos Aires. The company has since expanded into a vibrant regional network, servicing the Southern Cone clients in Argentina, Brazil, Chile, Paraguay, Peru and Uruguay with professional real estate marketing services. If you enjoy reading our news site please share it on your social media below.

Post available in: enEnglish

Make a comment on this post

Your email address will not be published. Required fields are marked *

Processing...
Thank you! Your subscription has been confirmed. You'll hear from us soon.
Priority Delivery of Real Estate Investments
Argentine, Brazil, Chile, Paraguay, Uruguay
ErrorHere
Visit us on LinkedInVisit us on FacebookVisit us on TwitterVimeoVisit us on Pinterest