Overview

• In August, 6,370 purchase deeds were registered in CABA, up 20.2% from a year earlier, with total transaction value at $1.048 trillion pesos, a 103.5% annual increase.
• Activity eased versus July, with deed counts down 4.2%; the average ticket reached $164,552,842 (US$122,569), rising 69.2% year over year in pesos and 23.9% in dollars.
• Mortgage-backed closings totaled 1,338, a 221.6% annual jump but slightly below July, bringing the year-to-date tally to 9,341 financed deeds.
• Jorge De Bártolo of the Colegio de Escribanos said it was the fourth-strongest August in the historical series and the best since 2007, with the strongest mortgage showing since 2018.
• Market reports and brokers cite tighter underwriting, higher rates and recent dollar volatility, and they warn that transactions could slow in the coming months as new loan approvals decline.