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Real Estate News Amid high interest rates and election tension, real estate transactions grew in October - La Nacion Propiedades

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Amid high interest rates and election tension, real estate transactions grew in October - La Nacion Propiedades






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Source:










November 18, 2025





The province of Buenos Aires revealed the number of real estate purchase and sale deeds registered in an election month.






By Candela Contreras







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The real estate market continues to show positive signs. Ricardo Pristupluk





The real estate market continues to show positive signs . The deeds registered in the province of Buenos Aires were released, and the results surprised the sector , in a context of constant changes, increasingly difficult-to-access mortgage credit lines due to high interest rates, and a month marked by the election climate that kept the activity on edge .



Despite this, 15,321 real estate transactions were completed in the Province in October , according to the monthly survey by the Buenos Aires Notary Association. This figure represents a 7% increase compared to the 14,366 transactions in September . The level of activity remains high and consolidates the trend of recent months: it is 23% higher than the 11,213 deeds registered in October 2024 .





“The October figures continue to show sustained year-on-year growth, which is also reflected in mortgage activity . With this data, we observe that the overall trend is favorable for the sector,” stated Guillermo Longhi, president of the Buenos Aires Province Notary Association, who analyzed the data and positively assessed the evolution of the activity.







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In October, 15,321 real estate transactions were completed in the province of Buenos Aires. Freepik photo





According to market brokers, this increase is due to "clear economic optimism." But also, "Argentine savers are taking advantage of the fact that prices still have room to rise," as Charlie D'Aria of D'Aria Propiedades explains.



Furthermore, although the rise in interest rates affected those seeking bank financing , according to D'Aria, "savers don't depend exclusively on loans, a product of Argentina's unique economic and cultural characteristics." Today, there are various ways to access property : "Developers, for example, are launching their own financing plans that encourage real estate transactions . These kinds of opportunities help keep the market moving," the broker adds.





What happened to the mortgage loan?​

Mortgage transactions also increased in October : 2,600 were registered, a 99% year-on-year jump compared to 1,308 in the same month last year. Compared to September, the increase was 7% . This indicates that the recent increases in bank interest rates have not yet had a significant impact on transactions in October, as these are processes initiated approximately four months prior.



It was recently confirmed that the amount disbursed for mortgage loans in October increased compared to September. Therefore, the rise in mortgage deeds was expected and reflected a rush to close deals before the elections. Specifically, US$372 million was disbursed.





Longhi highlighted the role of credit as a driver of the market : “The marked increase in the number of mortgages demonstrates how their growth positively impacts market development. Therefore, the College views the consolidation of the mortgage supply as a positive sign, as it will sustain growth and expand access to housing.”





In this regard, D'Aria states that it is desirable for the country to move towards a standardized mortgage system, comparable to that of developed countries. However, “for the new-build real estate market to regain the necessary dynamism—driving appreciation and the revitalization of various areas—it is crucial that construction costs also normalize. Today, the sector's recovery process is clear, and we are confident that it will continue along the same lines .”





What can we expect in the coming months?​

I think mortgage activity will level off in November , but it will be a slow process,” anticipates Federico González Rouco, an economist specializing in housing. “Unless there’s a very sharp jump in the dollar, I don’t foresee an abrupt drop like the one in 2018. Back then, the currency surge forced people out of the market. Now, the interest rate is also excluding people, but at a slower pace , so we’re not going to see a sharp decline,” he warns.





Particularly in the northern part of Greater Buenos Aires, specialists believe that the volume of transactions will continue to rise . “The psychology of the Argentine buyer is still such that periods of economic prosperity lead every buyer to want to take advantage of the situation and close their deal as soon as possible, in this case before the end of the year, to use real estate as a safe haven for their assets,” says D'Aria.

www.buysellba.com
 
I thought that people would be on the sidelines in an election month but what I learned from every trip going to Buenos Aires is all the people I met and spent time with that have money in Buenos Aires all own properties. I was surprised some people I met owned several apartments and living off the cash flow.

I have been very happy with my apartment that I bought in 2023. One of the best rental properties that I own. My 2nd apartment that I bought is a pozo and that has gone up in value too. Looking to add my third in Buenos Aires.
 
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