In the last four months the stock of real estate averaged the 103,000 units for sale, promoted by a very strong decline in mid -2024.
The market reached a peak in 2022 during the law of Rentalswhere a large number of properties turned to the sale, due to the low profitability of the rentals. Compared to then, the offer was reduced 41.3%.
According to the real estate radar that Fabián Achával elaborates, the publication values are evidencing a bullish dynamic. The main portals of estate They accumulate 10 consecutive months of year -on -year increases. However, prices vary strongly according to the segment: there is a strong rise in entrepreneurship and units in well due to the increase in the cost of construction and exchange appreciation.
The devaluation of the end of 2023 strongly influenced the costs, carrying them, in a few months, of historically low levels to very high values and of difficult absorption for real estate developers.
In December, the well -to -be estate Brand new that 11.3%grew, and for the used properties whose increase was 5.3%. The clearest price rise is evidenced in tickets up to US $ 100,000
The report also explains that the negotiation percentages converged at values of the first quarter of 2019. In lower value tickets an even lower negotiation percentage is observed.
Sales time was reduced
“The reduction in the stock of estate And the increase in the volume of operations strongly decreased the absorption time of the available supply by placing it in December in 1.5 years, ”said Fabián Achával. In 2017, real estate carried on average less than a year to sell and towards it the market seems to go.
Currently, with still low properties and the recovery of salaries in dollars, the demand will remain firm. It should also be noted the importance of mortgage loans, which are an impulse for the sector.
Rent the profitability rises
According to the report, analyze the profitability of the Rentals It is essential to evaluate the status of prices in the market and to determine the demand of investors. This CABA indicator reached 5.28% in December, so it had an increase of 0.19% percentage points compared to November.
The current levels of profitability converged to the historical average but are lower than those of much of 2023. This is due to the lower rate of increase in Rentals and the repeal of the law that promoted growth in the sales stock.
What is the purchasing power of salary, measured in dollars
The acquisition of a 60m2 department currently requires an effort equal to 133.2 salaries. This value is below 2012 and 2019 when the effort was around 141.1 salaries. During the rise of credits in the government of Mauricio Macri, that number was 110 salaries.
Source: Ambito
I am an author and journalist who has worked in the entertainment industry for over a decade. I currently work as a news editor at a major news website, and my focus is on covering the latest trends in entertainment. I also write occasional pieces for other outlets, and have authored two books about the entertainment industry.
