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Properties: February closed with record sales and prices are expected to continue rising - La Nacion Propiedades
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www.lanacion.com.ar
March 27, 2025
With these numbers, the real estate sector is heading towards a 2025 with better prospects.
By Candela Contreras
Although the first months of the year are periods of low operations, February 2025 is the best in the last 17 years. Shutterstock
Can we talk about a boom ? The real estate market in the City of Buenos Aires continues to see an upward trend in sales transactions and is showing signs of recovery after years of stagnation.
In February 2025 , 4,293 deeds were registered , representing a 94% increase compared to the same month the previous year. It's worth noting that 22% of these were mortgage-backed , demonstrating that mortgage lending continues to drive activity in the sector.
Thus, the total amount involved in the transactions amounted to $541.49 billion , with a year-on-year increase of 219.2% , according to data provided by the Buenos Aires Notary Association .
It's worth emphasizing that the first few months of the year are typically periods when transactions decline ; however, compared to January 2025, notarial acts also showed positive growth, with a 17.8% increase from the 3,465 deeds registered in the first month of the year.
The entity claims that the second month of 2025 is the best since 2008— "there is no better record"—and is the fourth best in the entire historical series , which began in 1998. Recent months have stood out as better since 2018, but this is the first month to surpass that of that year, despite the fact that mortgage lending activity at that time was higher —with 1,600 mortgage transactions.
In terms of value, the average transaction amount was $126,133,341 , equivalent to US$116,057, according to the average official exchange rate. This marks an increase of 64.5% in pesos and 33.3% in dollars compared to February 2024.
"We have practically double the number of transactions we had in the first two months of 2024 , and with a significant boost in mortgage lending. It's a very good start to the year, and hopefully these thousand monthly mortgages will be the foundation for this new real estate reality," said Jorge de Bártolo, the bank's president, optimistically.
The president also emphasized the importance of streamlining mortgage loan procedures to facilitate transactions: “At the Notaries Association, we insist on saving time in purchasing transactions involving bank loans: we need to work increasingly better with banks and organizations to complete the transaction quickly. Saving time also means saving money .”
Market analysts agree that for credit transactions to become more relevant and demand to increase, several factors must be met, such as: a drop in interest rates, no exchange rate jump with the end of the currency controls , and continued low inflation .
“There are more inquiries and credit transactions. It's not yet at the levels it was in 2017—during the Macri administration—but there's starting to be more activity. Still, the inquiries we receive are around 10% of the total, not much more,” says Lorenzo Raggio, general manager of Interwin.
Additionally, total transaction amounts increased 208%, while the average transaction value rose 78% year-over-year. It was the best February since 2019.
Compared to January 2025, sales increased by 38.32% compared to the 5,749 recorded in that month . Transaction amounts also grew by 39%, reinforcing the idea of greater dynamism in the sector.
The mortgage market also followed this trend . In February, 1,409 mortgages were issued , marking a 23% increase compared to January and a 480% year-over-year jump compared to the 243 mortgages issued in the same month last year. Loan amounts also reflected a 454% year-over-year increase .
www.buysellba.com
Source:
Propiedades: febrero cerró con ventas récord y la expectativa es que los precios sigan subiendo
Con estos números, el sector inmobiliario se encamina a un 2025 con mejores perspectivas
www.lanacion.com.ar
March 27, 2025
With these numbers, the real estate sector is heading towards a 2025 with better prospects.
By Candela Contreras
Although the first months of the year are periods of low operations, February 2025 is the best in the last 17 years. Shutterstock
Can we talk about a boom ? The real estate market in the City of Buenos Aires continues to see an upward trend in sales transactions and is showing signs of recovery after years of stagnation.
In February 2025 , 4,293 deeds were registered , representing a 94% increase compared to the same month the previous year. It's worth noting that 22% of these were mortgage-backed , demonstrating that mortgage lending continues to drive activity in the sector.
Thus, the total amount involved in the transactions amounted to $541.49 billion , with a year-on-year increase of 219.2% , according to data provided by the Buenos Aires Notary Association .
It's worth emphasizing that the first few months of the year are typically periods when transactions decline ; however, compared to January 2025, notarial acts also showed positive growth, with a 17.8% increase from the 3,465 deeds registered in the first month of the year.
The entity claims that the second month of 2025 is the best since 2008— "there is no better record"—and is the fourth best in the entire historical series , which began in 1998. Recent months have stood out as better since 2018, but this is the first month to surpass that of that year, despite the fact that mortgage lending activity at that time was higher —with 1,600 mortgage transactions.
In terms of value, the average transaction amount was $126,133,341 , equivalent to US$116,057, according to the average official exchange rate. This marks an increase of 64.5% in pesos and 33.3% in dollars compared to February 2024.
Mortgage loans drive this growth
One of the report's most notable data points is the upswing in mortgage lending . In February, 965 mortgage deeds were signed , representing a 1,121% increase compared to the same month last year. It should be noted that UVA loans were not yet on the scene in February 2024. The reactivation of this type of financing suggests greater confidence in the market and in economic stability ."We have practically double the number of transactions we had in the first two months of 2024 , and with a significant boost in mortgage lending. It's a very good start to the year, and hopefully these thousand monthly mortgages will be the foundation for this new real estate reality," said Jorge de Bártolo, the bank's president, optimistically.
The president also emphasized the importance of streamlining mortgage loan procedures to facilitate transactions: “At the Notaries Association, we insist on saving time in purchasing transactions involving bank loans: we need to work increasingly better with banks and organizations to complete the transaction quickly. Saving time also means saving money .”
Market analysts agree that for credit transactions to become more relevant and demand to increase, several factors must be met, such as: a drop in interest rates, no exchange rate jump with the end of the currency controls , and continued low inflation .
“There are more inquiries and credit transactions. It's not yet at the levels it was in 2017—during the Macri administration—but there's starting to be more activity. Still, the inquiries we receive are around 10% of the total, not much more,” says Lorenzo Raggio, general manager of Interwin.
In the province of Buenos Aires: the best February in six years
The Buenos Aires province real estate market also maintains a growth trend . During February 2025, 7,952 sales were registered in the province of Buenos Aires , according to data from the District Notary Association. This figure represented a year-over-year increase of 73.13% compared to the 4,593 transactions completed in the same month last year.Additionally, total transaction amounts increased 208%, while the average transaction value rose 78% year-over-year. It was the best February since 2019.
Compared to January 2025, sales increased by 38.32% compared to the 5,749 recorded in that month . Transaction amounts also grew by 39%, reinforcing the idea of greater dynamism in the sector.
The mortgage market also followed this trend . In February, 1,409 mortgages were issued , marking a 23% increase compared to January and a 480% year-over-year jump compared to the 243 mortgages issued in the same month last year. Loan amounts also reflected a 454% year-over-year increase .
www.buysellba.com
