The month of April closed with a figure that surprised even the most optimistic in the real estate market, as 5,471 deeds of purchase and sale were completed in the City of Buenos Aires, according to data from the Colegio de Escribanos.
This represents a significant increase of 50.5% compared to the same month last year. The total volume of transactions exceeded $727,050 million, marking a year-on-year growth of 160.4%. Additionally, it records 35 months of continuous growth.
Compared to March, the increase was 15.2%, confirming the trend of sustained recovery in activity. The average value per deed was $132,891,748, which is equivalent to about 114,767 dollars based on the average official exchange rate. In year-on-year terms, this represents a 73% increase in pesos and 36.3% in dollars.
One of the main drivers of this rebound was the return of mortgage credit, something that reflects the successful economic recovery achieved by the Government of Javier Milei. This phenomenon was also replicated in the province of Buenos Aires, which had the best April in the last 25 years.
In the Buenos Aires area, during April 1,192 deeds with a mortgage were signed, an unprecedented figure since banks began offering UVA loans again. This number represents a 1,012% increase compared to the previous year. So far this year, 4,094 mortgage transactions have already been recorded in the city.
