In the first eight months of the year, the increase was 39.1% compared to a consumer price index (CPI) of 94.8% in the same period, some 55.7 percentage points below the CPI.
The rental prices in the city They rose in August a 5.3% in the face of inflation 4.2% and begins to recover its values after the strong loss at the beginning of the year. In the first eight months of the year, it has accumulated an increase of 39.1% in front of a consumer price index (CPI) of 94.8% in the same period.
In this way, rents still remain 55.7 percentage points below inflation after the repeal of the rental law. This data belongs to the latest report on rent increases Single College of Real Estate Brokers of the City of Buenos Aires (CUCICBA).
A two-room apartment of approximately 40 square meters (m2) in the Buenos Aires neighborhood of Montserrat has a market price of $370,000 more expenses, while the cost of January, Adjusted by CPI, it gives $552,000. In Little Horsethe current value of a three-room apartment of 60 m2 is $530,000 and the inflation-adjusted cost is $790,000.
Rentals in CABA: more than 50% of the offer is in dollars
In addition to the sharp rise in rental prices, Zonaprop reported that 51% of the supply of two-room apartments in the City of Buenos Aires is in dollars, while only the remaining 49% is in pesos.
The average price of ads in dollars to rent a two-room apartment in CABA is 586 dollarsThis value is down 6% compared to August last year.
While in the first two months of 2024 the majority of apartments were published in dollars, between March and June the offer in pesos had an upward trend, but In August, the dollar supply again registered a slight increase.
Source: Ambito
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