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Rentals: Supply has grown more than 300 percent since December - Reporte Inmobiliario
Source:
Alquileres: la oferta creció más del 300 por ciento desde diciembre, noticias sobre ALQUILER Y RENTA en Reporte Inmobiliario
Desde diciembre el número de departamentos usados ofrecidos en alquiler en CABA aumento el 316 %. En abril el precio medio se mantuvo estable
www.reporteinmobiliario.com
May 2, 2024
Since December, the number of used apartments offered for rent in CABA has increased 316%. In April the average price remained stable
Last April, the supply of used apartments offered in unfurnished pesos continued with the sustained increase that began in January of this year.
Thus, April was the fourth consecutive month in which the number of units for rent grew, reversing the opposite trend that occurred throughout last year when the number of units offered in pesos decreased month by month.
On the other hand, it is evident that the offer that is incorporated does so based on a lower initial price than the one offered towards the end of last year, which produced a stabilization of the average price in the supply of used units. A greater number of apartments enter the market and do so in greater quantities in the most moderate price range, which affects said stability.
Regarding the number of used 1 to 4 room apartments on rental offer that were published on property search engines in April 2024, their number increased from 1,874 existing units in March to 2,293 available last month, quadrupling the meager 551 that were offered in December of last year. The current offer thus exceeds that existing in the last month of 2023 by 316%.
During April the number of used units offered for rent was 22% higher than last March.
The largest number of used apartments offered in pesos continues to be concentrated in the 2 rooms, bringing together 1,038 units. The number of studio apartments on offer reached 429, while the 3-bedroom units totaled 666. Finally, with 160 units, the largest 3-bedroom apartments are the units with even the lowest availability with prices set in national currency.
In percentage terms, the supply of studio apartments available for rent in pesos grew between April and March by 32%, while 2- and 3-bedroom units increased their number by 17% and 29% respectively, while 4-bedroom units did so by 7%.
The data arises from the comparison of the figures with which Reporte Inmobiliario nourishes its bases and that it obtains from applying new data mining technologies to all the offer publications available on the Internet that can be clearly identified as used apartments offered for traditional rental. with prices in pesos and georeferenceable
Regarding the average rental value of the units offered, in relation to March, it remained stable in the 2 and 4-room units, while the average of the two-bedroom units increased by 2.3% and that of the studio apartments the 4 %.
Thus, the average value of the offer for a one-bedroom unit, last April, reached $260,000 and that of a one-bedroom unit remained at $300,000. Meanwhile, the average price of two and three bedrooms offered for rent stood at $440,000 and $550,000 respectively in April.
The data offer undeniable evidence of the return to the formal market of units on offer following the repeal of the rental law and the possibility of freely setting terms and, above all, periods and rent adjustment clauses.
The increase in the number of units available for rent and the initial offer prices, growing very slightly in relation to inflation and even, depending on the case, remaining stable or with reductions, demonstrates a positive reaction that tends to adapt to the possibilities of paying demand. objective and the possibility, now open from the DNU, that the amount set at the beginning of the contract does not lag so enormously behind inflation.
Appealing to the responsible establishment of the initial price and the adjustment clauses to be applied in each case is essential in order to give sustainability to the agreements, keeping in mind, as common sense dictates, that the parties are complementary and not adversaries as during in recent years he tried to settle.
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