Housing Study Sheds Light On Buenos Aires Average Rents

Patrick Archer average prices, ba government, buenos aires events, lifestyle, real estate

The City of Buenos Aires’ Ministry of Housing just released a report which sheds some light on average monthly rental rates for larger units throughout Capital Federal. While most market studies focus on one-room apartments or monoambientes, the new GCBA report focuses on supply, demand and average prices for two and three-room apartments in Buenos Aires. According to Minuto Uno, …

Buenos Aires New Construction Activity Plummets 85%

Patrick Archer aruba, ba government, buenos aires events, real estate

Eighteen months since the implementation of currency controls intended to protect Argentina’s dollar reserves, new construction activity in the City of Buenos Aires is grinding to a halt. According to new data from the City’s Ministry of Housing, the number of requests for new construction permits fell 84.6% in the first two months of the year compared to the same …