The sale of real estate in the Province of Buenos Aires rose 14% in September

The sale of real estate in the Province of Buenos Aires rose 14% in September

“We see as a positive fact that the numbers for September mark a slight rise compared to the previous month. However, it is worth noting that these are values ​​that do not allow us to speak of a reactivation of activity yet,” he explained in a statement. the President of the College of Notaries of the Province of Buenos Aires, Diego Leandro Molina.

Turning to the amounts, September operations totaled $ 34,385,383,434.52 (61.58% more than in September 2020), with an average value of $ 4,375,287.37 (+41.47% year-on-year). Regarding the comparison with August, the amounts increased 12.5% ​​from one month to the next ($ 30,572,497,025.36 was the total for August). Regarding the number of mortgages, 635 were registered in September, which represents an increase of 35% compared to last August (469).

The amounts increased by 27% in the same period ($ 6,884,629,248.16 in September and $ 5,414,442,423.35 in August). In the year-on-year comparison, the increase in the number of mortgages was 144% (260 in September 2020) while the amounts increased by 66.5% ($ 4,134,668,280.34 in September 2020).

What happened in the City of Buenos Aires

Compared to Province, the City of Buenos Aires marked a strong rise, registering a rise of 29% compared to the same period in 2020, according to the College of Buenos Aires Notaries.

In September 2,813 deeds of sale were made, compared to 2,181 in the same month last year, and the amount involved was $ 29,919 million, with a year-on-year increase of 40.3%, the survey indicated. The average amount of the transactions concluded, meanwhile, was US $ 10,636,300, equivalent to US $ 102,538, which rose 8.8% in one year in pesos, and in US currency it fell 16.7%.

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest Posts