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Argentine Crisis: the Real Estate Sector approaches 2001 levels

In July there was an improvement compared to June, but those numbers of real estate sales in the city of Buenos Aires does not reflect the 14 months of consecutive year-on-year decline, a historical cycle similar to what happened after the 2001 crisis, although still far from the exchange rate crisis, during the presidency of Cristina Kirchner, which caused 25 months of falling prices. Last July there were 3208 operations, according to the Colegio de Escribanos porteño, 18.7% more than in June, but a…

For the second consecutive month, the prices of the properties in Buenos Aires fell

April and May changed a stable previous trend by tilting the course of prices downwards. 73% of the districts recorded a decrease or a stagnation of prices generating a concrete possibility for the investors looking for a home for savings a great opportunity not seen for many years. According to a report prepared by the Zonaprop portal, after a period of five months of stable values (November 2018 to March 2019), for the second consecutive month, the sale prices of the properties showed a slight downward trend,…

Buenos Aires is the regional leader in new office projects

Between 2019 and 2023 there will be more than 800,000 square meters premium space built, which is a figure similar to what was built in Lima in the past five years, according to Cushman & Wakefield. At a regional level, Buenos Aires is the city that has more square meters of offices available projected to be built over the next five years, indicated a study by Cushman & Wakefield. To put that in perspective, the size of the office market between each of the cities, the ratio of square meters of offices…
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