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Provincial deeds recorded their best June since 2011: more loans and other reasons for the progress - Ambito Financiero
Source:
www.ambito.com
July 19, 2025
By Jose Luis Cieri
There were 11,706 transactions in the province of Buenos Aires, of which 2,000 were mortgage loans. What's selling, prices, and leading cities.
Mar del Plata, one of the cities with the highest number of deeds added each month. A vibrant location in the province's real estate market.
The used real estate market, in particular, remains buoyant. June saw another year-over-year increase in the province of Buenos Aires after a 14-year gap, similar to last May . There were 11,706 property sales in the province, according to the monthly survey by the Notaries Association of the Province of Buenos Aires.
The figure represents a 33% increase compared to the same month last year and is the best June since 2011. That year, 12,223 deeds were registered, but with a lower share of mortgage loans : 1,637 financed transactions then versus 1,934 now.
The current upswing confirms the recovery that the Buenos Aires real estate sector has been experiencing since mid-2023, albeit with some monthly fluctuations. Compared to May, a slight decrease of 0.7% was observed: 11,790 deeds were recorded that month. Despite this marginal decline, the total volume remains at a high level.
In the case of mortgages , the jump was even more significant. In June, 1,934 loan transactions were signed, a year-over-year increase of 486% compared to the 330 in June 2024. Compared to May, when 1,994 mortgages were issued, there was a decrease of 3%.
"The significant increase in the number of mortgages reaffirms the positive impact of lending tools. It is crucial that this trend continues and deepens, as access to financing is essential to continue strengthening the sector," said Guillermo Longhi , president of the Buenos Aires Notary Association.
Longhi also highlighted the consolidation of a trend supported by a sustained level of activity, albeit with monthly variations: "In June, we again saw significant year-on-year growth, demonstrating a sustained recovery in the sector. Although there was a slight decline compared to May, the level of activity remains high."
Regarding the most in-demand property types, used homes predominate, especially two- and three-room houses and apartments. The most common price range is between $70,000 and $110,000. According to industry sources, there is a preference for move-in-ready units in established neighborhoods with good connectivity.
Luis Colao , president of the Buenos Aires Association of Auctioneers and Public Brokers, explained: "The most popular homes in the province are three-room, ground-floor houses, what we call typical neighborhood housing. There's also a good movement in mid-range and higher-quality lots, although difficulties persist in the more affordable segment."
Colao warned that the price gap between new and used units is widening, which favors deals with existing properties: "Today, construction costs between $1,400 and $1,500 per square meter. If you add land and utilities, new developments are priced at $2,200 or $2,300, which significantly limits demand."
According to his analysis, the value of used properties is between 20% and 30% below that of new square meters, making them more affordable. However, he warned that if that stock begins to become scarce, the market will have to find a new price equilibrium.
Even so, he acknowledged that the resurgence of credit had a positive effect on activity. "For the mortgage market to gain more prominence, we must achieve improvements in real incomes and lower rates. Credit is key to expanding access to housing and boosting supply."
He also noted that the use of new legal tools, such as the registration of purchase and sale agreements, could provide greater dynamism to downstream projects, although their practical implementation is still pending.
Longui added that these types of donations are linked to financial decisions and not so much to market conditions. "Donations respond more to family dynamics and not to temporary economic incentives. That's why their numbers tend to fluctuate more steadily," they indicated.
From the Buenos Aires Auctioneers Association, Colao announced that the first statistics compiled in conjunction with the University of the Northwest of Buenos Aires (UNNOBA, whose main campus is in Junín) will be presented in September, allowing for a more detailed follow-up of the sector's development.
www.buysellba.com
Source:
Escrituras en Provincia registraron el mejor junio desde 2011: más créditos y otras razones del avance
Se hicieron 11.706 operaciones en provincia de Buenos Aires, de las cuales 2.000 fueron con crédito hipotecario. Qué se vende, precios y ciudades que lideran.
www.ambito.com
July 19, 2025
By Jose Luis Cieri
There were 11,706 transactions in the province of Buenos Aires, of which 2,000 were mortgage loans. What's selling, prices, and leading cities.
Mar del Plata, one of the cities with the highest number of deeds added each month. A vibrant location in the province's real estate market.
The used real estate market, in particular, remains buoyant. June saw another year-over-year increase in the province of Buenos Aires after a 14-year gap, similar to last May . There were 11,706 property sales in the province, according to the monthly survey by the Notaries Association of the Province of Buenos Aires.
The figure represents a 33% increase compared to the same month last year and is the best June since 2011. That year, 12,223 deeds were registered, but with a lower share of mortgage loans : 1,637 financed transactions then versus 1,934 now.
The current upswing confirms the recovery that the Buenos Aires real estate sector has been experiencing since mid-2023, albeit with some monthly fluctuations. Compared to May, a slight decrease of 0.7% was observed: 11,790 deeds were recorded that month. Despite this marginal decline, the total volume remains at a high level.
In the case of mortgages , the jump was even more significant. In June, 1,934 loan transactions were signed, a year-over-year increase of 486% compared to the 330 in June 2024. Compared to May, when 1,994 mortgages were issued, there was a decrease of 3%.
"The significant increase in the number of mortgages reaffirms the positive impact of lending tools. It is crucial that this trend continues and deepens, as access to financing is essential to continue strengthening the sector," said Guillermo Longhi , president of the Buenos Aires Notary Association.
Longhi also highlighted the consolidation of a trend supported by a sustained level of activity, albeit with monthly variations: "In June, we again saw significant year-on-year growth, demonstrating a sustained recovery in the sector. Although there was a slight decline compared to May, the level of activity remains high."
Leading cities and what's selling
Among the districts with the highest number of deeds, for example, in May (the latest measurement; the June figure could be known in a few days), General Pueyrredón (Mar del Plata) stood out with 1,365 transactions, and La Plata with 1,179. Also notable were La Costa (483), Morón (467), Vicente López (457), San Isidro (427), and Bahía Blanca (415). In several of these districts, sales figures showed double-digit increases compared to last year.Regarding the most in-demand property types, used homes predominate, especially two- and three-room houses and apartments. The most common price range is between $70,000 and $110,000. According to industry sources, there is a preference for move-in-ready units in established neighborhoods with good connectivity.
Luis Colao , president of the Buenos Aires Association of Auctioneers and Public Brokers, explained: "The most popular homes in the province are three-room, ground-floor houses, what we call typical neighborhood housing. There's also a good movement in mid-range and higher-quality lots, although difficulties persist in the more affordable segment."
Colao warned that the price gap between new and used units is widening, which favors deals with existing properties: "Today, construction costs between $1,400 and $1,500 per square meter. If you add land and utilities, new developments are priced at $2,200 or $2,300, which significantly limits demand."
According to his analysis, the value of used properties is between 20% and 30% below that of new square meters, making them more affordable. However, he warned that if that stock begins to become scarce, the market will have to find a new price equilibrium.
The role of credit and its limits
Mortgage lending has once again shown strength, albeit with restrictions. Available lines are limited, with shorter terms than in previous cycles and high real rates. “Today, loans are for support, not a total solution. Rates remain high. A UVA plus 9% or 10% annual interest is expensive, and if you add in the costs of deed registration and insurance, it becomes complex,” Colao said.
Even so, he acknowledged that the resurgence of credit had a positive effect on activity. "For the mortgage market to gain more prominence, we must achieve improvements in real incomes and lower rates. Credit is key to expanding access to housing and boosting supply."
He also noted that the use of new legal tools, such as the registration of purchase and sale agreements, could provide greater dynamism to downstream projects, although their practical implementation is still pending.
Donations and family planning
Beyond sales, another indicator of activity in notary offices is the continuing rise in donations . In this area, the numbers remained more stable and did not follow the same market logic. From January to May, 5,433 donations were recorded, a 5.08% year-over-year decrease.Longui added that these types of donations are linked to financial decisions and not so much to market conditions. "Donations respond more to family dynamics and not to temporary economic incentives. That's why their numbers tend to fluctuate more steadily," they indicated.
Outlook for the second half of the year
The outlook for the rest of the year is moderately optimistic. Longhi emphasized that, while current levels are high, the challenge is to sustain the pace in a context of still-high inflation and wages that continue to lose purchasing power. "Credit is key to consolidating this recovery. If conditions improve, we could have an active second half of the year as well," he stated.From the Buenos Aires Auctioneers Association, Colao announced that the first statistics compiled in conjunction with the University of the Northwest of Buenos Aires (UNNOBA, whose main campus is in Junín) will be presented in September, allowing for a more detailed follow-up of the sector's development.
www.buysellba.com
