Buenos Aires Real Estate Sales Rose 27% In January

Patrick Archer average prices, buenos aires events, real estate

The number of real estate deals in the Province of Buenos Aires rose 27% in January reversing a two-year trend of slumping sales caused by currency controls meant to protect dollar reserves in the Central Bank. The Notary College attributes the turnaround in Buenos Aires real estate sales to the partial loosening of those controls last month, and the fact that bricks …

Argentina Currency Controls Slow Buenos Aires Real Estate Activity

Patrick Archer aruba, average prices, foreign investment, real estate

The October 31 implementation of currency controls regulating the purchase of US Dollars in Argentina put the brakes on Buenos Aires real estate transactions in December, while the total dollar value of transactions actually increased. According to the BA Notary College, the number of property deeds transfered fell to 6,320 in December 2011, a 10.4% decrease compared to December 2010. …