The curious reason why the volume of real estate sold in Buenos Aires ended 2022 as the best year of the last 4
The sale and purchase of properties ended the year with rising numbers. The College of Notaries of the City of Buenos Aires registered the best December of the last 4 years.
Property sales ended in 2022 with rising numbers. According to data from the College of Notaries of the City of Buenos Aires , 4,253 operations were held in December, which translates into a year-on- year rise of 25.7% , while the total amount of transactions in 2022 climbed 45.9 %.
The main explanation has to do with the drop in prices , which reached up to 30% since the pandemic, which boosted the purchase decision. In addition, the instability generated by the elections in 2023 is added, which caused many to rush the decision to acquire brick square meters. Read More…