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Real Estate Sales Real estate sales in CABA grew 93% in January compared to the same month last year - Infobae

BuySellBA

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Real estate sales in CABA grew 93% in January compared to the same month last year - Infobae
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Source:




February 25, 2025


In the first month of 2025, real estate sales deeds in CABA almost doubled year-on-year, reaching 3,645 transactions. This growth was also reflected in a significant increase in the total amount of transactions and a notable rebound in mortgages formalized.




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The amount involved in transactions in January exceeded 433 billion pesos, showing a recovery of the real estate market (Adrián Escandar)



In January 2025, the real estate market in the Autonomous City of Buenos Aires (CABA) showed a remarkable performance, with a 93.7% increase in the number of real estate purchase and sale deeds compared to the same month in 2024. This growth stood out for being a significant change in the sector, both in quantity and amount of transactions .



The Notaries Association of the Autonomous City of Buenos Aires reported that during the first month of 2025, 3,645 deeds of sale were executed, a number considerably higher than that registered in January 2024, when 1,882 transactions had been formalized. This increase reflects a significant recovery in the Buenos Aires real estate sector, which had been experiencing ups and downs in previous years due to economic factors such as inflation, foreign exchange restrictions and political uncertainty.

On the other hand, the total amount involved in these transactions amounted to 433,177 million pesos , which represents a growth of 202.9% compared to the same month of the previous year. In absolute terms, the amount of transactions also increased significantly compared to January 2024, which demonstrates a trend towards high appreciation of the properties sold. The increase in the total amount is proportional to the greater activity in the sector, which suggests that the operations not only increased in quantity, but also in value.







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As for the average value of the deeds , this reached 118,841,472 pesos , which is equivalent to 111,031 dollars according to the average official exchange rate for January 2025. This value reflects an increase of 56.4% in pesos compared to the same month of the previous year, and a growth of 22.4% in dollars. This data is particularly relevant since it demonstrates not only greater activity in the market, but also an appreciation in the values of the properties sold.



In addition to the total number of deeds and the amount involved, another relevant aspect was the number of deeds formalized with a mortgage , which amounted to 945. This data shows an increase of 1269.5% compared to January 2024, when only 69 deeds with a mortgage were formalized . This rebound in the number of mortgages suggests that mortgage loans are beginning to regain ground, which could be a sign of improvement in credit conditions for the purchase of properties.



Despite this increase in January, it is important to note that, compared to December 2024, deeds of sale registered a 52.5% drop. In that month, 7,667 deeds had been registered in CABA, which marks a slowdown in real estate activity during the start of the new year. This drop is expected, since December is traditionally a more active month in terms of sales due to seasonal pressure and the desire to finalize operations before the end of the year.



This increase in deeds in January also falls within a context in which the CABA real estate market had experienced positive results in December 2024. In that month, there was a 68.1% increase compared to December 2023, with 7,667 deeds and a 250.8% increase in the total amount of transactions. This positioned December 2024 as the busiest month in the last seven years. Although January saw a drop in the number of deeds compared to December, the figure is still high when compared to pre-pandemic levels.



On the other hand, the context in the Province of Buenos Aires also showed a good performance during December 2024. In that month, 19,513 deeds were registered , a year-on-year increase of 48.6% compared to December 2023. This growth was also accompanied by a significant increase in mortgages, which multiplied by more than 380% , reaching 2,049 deeds with a mortgage . Although the data for the province do not match those of CABA in absolute terms, both markets show a sustained recovery in transactions, largely supported by access to mortgage credit .







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The growth in deeds of sale in CABA is also related to the return of mortgage loans as financial conditions in the country improved. Throughout 2024, mortgage lending showed signs of recovery, especially compared to the low levels of previous years. In December 2024 , the rebound in mortgages in CABA and the province was consolidated as a key factor in the reactivation of the real estate sector, with an 874% growth in mortgages compared to the same month of the previous year.



This return of mortgage loans was also a central theme in market expectations, both in CABA and in the province of Buenos Aires. In the last months of 2024, credit began to take on a greater role in the purchase of real estate, with more than 1,000 loans per month at the end of the year. This trend could be consolidated in 2025, although some market players maintain a cautious approach due to the economic situation.



The performance of the CABA real estate sector in January 2025 is part of a general recovery in the Argentine real estate market, which began to show positive signs in the second half of 2024. In this context, demand for properties has increased, especially in the lower segments of the market, where mortgage loans have had a significant impact on purchases.



However, the real estate market remains very sensitive to the ups and downs of the Argentine economy , so the future of the sector will depend on macroeconomic stability , the evolution of the exchange rate and the availability of credit. Despite the monthly fluctuations, the real estate market in CABA maintains moderate but positive expectations for the coming months, with sustained growth in the number of transactions and the recovery of property values.



www.buysellba.com
 
This is exactly what I forecasted in the middle of 2023 would happen. It's playing out exactly as forecasted. Mortgages will keep increasing and more and more of the $23 Billion of the cash that came back will find its way into the real estate sector as well further pushing property prices up. Also, consider that the pozo purchases aren't counted in all of these sales figures. The numbers are much much higher than what people think.
 
This is exactly what I forecasted in the middle of 2023 would happen. It's playing out exactly as forecasted. Mortgages will keep increasing and more and more of the $23 Billion of the cash that came back will find its way into the real estate sector as well further pushing property prices up. Also, consider that the pozo purchases aren't counted in all of these sales figures. The numbers are much much higher than what people think.
Wow a 93% jump up is more than I thought. All my friends in the real estate space told me they were very busy last year but that is a huge jump up. My entire time living in Buenos Aires I never met any of my friends that bought a place with a mortgage but suddenly last year 4 friends bought apartments with a mortgage.
 
Wow a 93% jump up is more than I thought. All my friends in the real estate space told me they were very busy last year but that is a huge jump up. My entire time living in Buenos Aires I never met any of my friends that bought a place with a mortgage but suddenly last year 4 friends bought apartments with a mortgage.
Yes I also know a few people that bought with a mortgage for the first time last year. I just posted this on X.



Mortgage activity is the highest since 2018. We haven't seen anything yet on pricing. Prices still have a long way to go to go back to peak. The next few years should be great for property owners.
 
It seems dangerous to buy with these UVA loan products. Not sure I would want to have a mortgage with that type of terms. Just like a few people that bought with ARMs in the US instead of fixed mortgages and they got killed.
 
This certainly signals positives if banks are lending to people and people feel confident to buy with mortgages. I wonder how easily it is to evict someone if they stop paying their mortgage. My husband said it is virtually impossible to get someone out of the property if they stop paying rent. I wonder how it works with these mortgages?
 
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