Buenos Aires Average Real Estate Prices Down By Double Digits

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

Buenos Aires average real estate prices have fallen 10% in one year and over 20% since 2012 in some of the city’s most expensive neighborhoods. The situation mirrors average price declines across the river in Montevideo. The new average price data compiled by Reporte Inmobiliario shows the average cost of existing residential real estate in Buenos Aires is now US$1,694 …

MoneyShow: Why Argentina Is Latin America’s Hidden Treasure

Patrick Archer foreign investment

A confluence of good news yesterday on several fronts: The market price for Argentina’s three major AgExports rose, the country risk fell another 3.5%, LCD prices have fallen 30% since the World Cup and debt repayment negotiations began in earnest with the Paris Club. Despite the onda positiva, it’s important to remember that each of these indicators is highly volatile and …