Last month there were 3,320 deeds of salecompared to 3,005 in the same month of the previous year, and the amount involved was $80.400 millionindicated the survey.
“We closed a first semester with a increase of 15% compared to 2022. This encouraging data is consistent with the fact that all the months of this 2023 were positive compared to the previous one, something that had not happened in 2022,” said the president of the College, Jorge de Bartolo.
The head of the notarial entity added thatand “the curve of the pandemic up to now is in slow recovery” and that the present scenario is “a scenario of little more than 100 monthly mortgages, with few incentives, and with a price of the dollar that creates uncertainty”.
De Bártolo pointed out “the need to come together in a housing policy with incentives to the sectorbecause that will be a virtuous circle”.
Deeds in the City of Buenos Aires
In June, there were 109 deeds formalized with a bank mortgage, with a drop in this segment of 6.8% compared to the same month last year; while in the accumulated of the first semester there was a decrease of 6.4% (624 in total).
P32 – property (NA)_opt.jpeg
Fact. One of the signs that show a change in market trend is the narrowing of the gap between the published value and the one that is sold. This shows a higher demand.
Buenos Aires real estate market
He College of Notaries of the province of Buenos Aires reported that in this month 8,572 sales were registered in the districtwhich reflects ainterannual increase of 8.59%since in the same month of 2022 7,894 operations had been recorded.
While in the comparison with the previous month an increase of 11.11% was observed compared to the 7,715 operations in May.
City: real estate sales grew 80.5% in January (deeds with credits climbed 159%)
Furthermore, regarding the mortgage statisticsthe total for June was 1,066, which meant a increase of 7.24% compared to 994 in May.
“Beyond the positive values we saw in Junethe general panorama of the real estate market continues to be uncertain and complex. However, we hope that this trend will continue in the coming months and allow us to glimpse stability in the number of operations,” said the president of the College, Diego Molina.
Source: Ambito
