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Record Gap Between New and Used Buenos Aires Apartments Reaches 30%

Elevated building costs keep new listings rising faster than used units.

Overview

  • Zonaprop’s October 2025 snapshot reports a 30% differential, the widest since December 2015.
  • Average asking prices stand at US$2,898 per m² for new units versus US$2,219 per m² for used apartments.
  • Year to date, new units increased 5.2% and used units rose 3.32%, while pre‑sale units led with an 8.29% gain to US$3,033 per m².
  • The construction cost index remains 94% above October 2023 despite a mild decline since July 2025.
  • A growing inventory of more than 110,000 used listings and scarce, expensive mortgage financing are suppressing used‑segment price growth, with prices varying sharply by neighborhood from Puerto Madero (US$6,701 per m²) to Villa Riachuelo (US$1,742 per m²).