Real estate boom: the market reactivated with a strong 40% year-on-year increase in March

The climate of trust and predictability established by the Government of President Javier Milei is beginning to clearly reflect in key sectors of the economy. One of the most eloquent is the real estate market in the Autonomous City of Buenos Aires, which in March 2025 registered a significant rebound: the number of sales deeds increased by 39.7% year-on-year, with a total of 4,747 transactions according to data from the Buenos Aires Notary Association.

The total amount of these transactions reached $618,541 million, which implies a 105.8% increase compared to the same month last year. Additionally, the average value per deed was $130,301,460, equivalent to USD 118,645 at the average official exchange rate, reflecting an increase of 47.3% in pesos and 20.1% in dollars.

One of the determining factors behind this reactivation is the return of mortgage credit, a key instrument to boost demand. In March, 992 deeds with mortgages were completed, representing an astonishing increase of 1,042% compared to the same period in 2024. In the first quarter of the year, 2,902 mortgages have already accumulated, confirming a sustained trend.

"For the sixth consecutive month, we are around a thousand monthly mortgages. This has significantly impacted the market's growth and made the summer months the best in recent times," noted Jorge De Bártolo, Buenos Aires Notary Association. "We are now entering a new stage, with a dollar without restrictions, and all this should facilitate the mechanisms prior to operations," he added, clearly alluding to the benefits of the exchange liberalization promoted by the Executive.

This real estate rebound doesn't occur in isolation. The construction activity, closely linked to the sector, also showed encouraging signs. According to the INDEC, in February construction grew by 3.7% year-on-year nationwide, and 2% monthly, which anticipates a greater future supply of properties.

Entrepreneurs in the sector are also optimistic. 67.9% of private construction companies expect the level of activity to remain in the next three months, while 21.1% expect it to increase, and only 11% anticipate a decline. The main reasons for this optimism are the growth of economic activity (30.4%) and price stability (25.4%), both achievements attributed to the new economic order established since December.

However, not everything points to the residential market. The focus of new private developments is oriented toward the productive sector: industrial buildings (15.3%), industrial assemblies (14.2%), and commercial buildings (13.4%) lead the list of priorities. Despite this orientation, the general dynamism of the sector allows for optimistic projections of greater circulation and appreciation of properties in the second half of the year.