Buenos Aires Real Estate Sales Activity Hits 35-Year Low

Patrick Archer average prices, foreign investment, real estate

Buenos Aires real estate sales activity reached its lowest level in 35 years thanks in large part to US dollar currency controls and a failed attempt at convincing buyers and sellers to broker deals in pesos. Real Estate Sales: The Worst Index in 35 Years is the headline of iProfesional’s analysis which says the local real estate market has always …

Buenos Aires Real Estate Closings Decline for Third Consecutive Month

Patrick Archer aruba, real estate

Real estate sales in the City of Buenos Aires fell for the third consecutive month, as the local market continues to feel the impact of US dollar currency controls imposed November 1 of last year. Closings in Buenos Aires in the month of February were down 18% compared to February 2011, according to the new report from the Buenos Aires …