As Market Activity Slows, Argentina Real Estate Chamber Seeks Answers

Patrick Archer aruba, foreign investment, real estate

Currency controls, inflation and uncertainty are on the rise these days in Argentina, while dollars in circulation, consumer confidence and real estate sales are down. Now the head of the country’s Real Estate Chamber says, without answers or intervention, this cocktail threatens to further hinder real estate activity in Argentina. Nestor Walenten says more buyers are reluctant to move forward, …

City of Buenos Aires Real Estate Activity Down 5%; Property Values Up 17%

Patrick Archer aruba, average prices, buenos aires events, foreign investment, real estate

Government-imposed currency controls continued to have their cooling effect on real estate activity in the City of Buenos Aires, as property transactions were down for the fourth consecutive month in Capital Federal. The new data from the BA Notary College shows 4,661 closings in the month of April, a 4.8% decrease compared to April 2011, according to Clarin’s Natalia Muscatelli. …

Argentina Real Estate Sales Rise 16% In First Quarter

Patrick Archer agribusiness, foreign investment, real estate

Real estate activity in Argentina maintained a steady pace in the first quarter of 2011 with sales rising 16% according to a Telam article over the weekend. The rise was partially due to continued strength in Argentine agricultural exports, and the popular trend of farmers converting soydollars to bricks. While 16% was the number cited, the Argentina Real Estate Chamber …