Overview
- Buenos Aires City recorded 3,423 property deeds in January 2026, down 6.1% year over year and 55.2% from December, a drop partly consistent with seasonal lows.
- Mortgage-backed deeds fell to 765, a 19% annual decline, reducing bank-financed purchases to about 22% of total transactions.
- Consultancy Empiria reports that public banking now supplies most new mortgages, with nearly 80% granted by Banco Nación, which has digitized its mortgage processes.
- Despite fewer deals, the total value of operations rose to AR$590,428 million, up 36.3% year over year, with an average deed value of AR$172.5 million (about US$117,000).
- Policy and product shifts include CABA cutting the Stamp Tax from 3.5% to 2.7% and scrapping it for primary-residence mortgages, while Banco Santander lowered its variable rate to 9.5% but shortened terms to 20 years and capped financing at 70% loan-to-value.