Deeds doubled in CABA and February had the best record in almost 20 years

Thanks to the economic recovery achieved by the Government of Javier Milei, the real estate market continues to show solid growth, mainly driven by the increase in access to credit.

The monthly data of deeds signed in the City of Buenos Aires reflect not only a year-on-year increase but also compared to previous months.

According to the Colegio de Escribanos de CABA, in February 2025 there was a strong rebound, with 4,293 real estate purchase deeds executed. This figure represents a 94% increase compared to the same month of the previous year. Additionally, compared to January 2025, the deeds rose by 17.8%, as in the first month of the year 3,465 deeds had been signed.

Sources from the entity highlighted that it was the best February in almost 18 years, as a second month of the year with this level of activity had not been recorded since 2008. It even surpassed February 2018, a year with a considerable supply of mortgage credit, the sources noted.

The total value of the transactions reached $541,490 million, which represented a 219.2% year-on-year growth. Meanwhile, the average value of the operations was $126,133,341, equivalent to approximately 116,057 dollars, according to the average official exchange rate. This showed a 64.5% increase in pesos and a 33.3% increase in dollars compared to February 2024.

A relevant fact is the strong increase in deeds formalized with a mortgage, which reached 965 in February, implying a 1,121% increase compared to the same month of the previous year. This growth reflects a reactivation in access to mortgage credit, which facilitates home purchases.

Jorge De Bártolo, president of the Colegio de Escribanos de CABA, stated: "We have practically double the operations compared to the first two months of 2024 and with a significant boost from mortgage credits. It's a very good start to the year, and hopefully, these thousand monthly mortgages will be the floor of this new real estate reality".

Additionally, De Bártolo emphasized the need to streamline purchase procedures through bank credit: "From the Colegio de Escribanos, we insist on saving time in purchase processes that occur with bank credit: we need to coordinate better with banks and organizations to quickly reach the operation. Saving time also means saving money".

The positive trend observed in February remains in line with the behavior of the real estate market during previous months:

January 2025: 3,645 deeds were registered, which meant a year-on-year increase of 93.7%, with a total amount of $433,177 million.

December 2024: 7,667 deeds were executed, an increase of 68.1% compared to the same month of the previous year, with a total of $819,375 million.

November 2024: 5,755 deeds were signed, with a growth of 41.5% compared to 2023, totaling $584,653 million.

This constant growth in both the number of deeds and the amounts involved reflects a solid recovery of the real estate market in the Autonomous City of Buenos Aires (CABA), driven in part by the reactivation of mortgage credits and greater economic stability.