Overview
- City of Buenos Aires recorded 5,250 property deeds in November, down 8.8% year over year and 25.2% from October.
- Mortgage-backed deals fell to 737 acts, with disbursements at US$180 million, the lowest of 2025 and 51% below October.
- Transaction values stayed firm: the total amount reached ARS 885.985 billion (+51.5% y/y) and the average deed was ARS 168.76 million, about US$115,718 (+16.3% y/y in dollars).
- Despite the slowdown, year-to-date mortgages hit 13,065 (+238% y/y), putting 2025 on track for roughly 14,000 mortgages and about 70,000 total deeds in CABA.
- Analysts cite tighter credit conditions and bank retrenchment; Banco Nación’s bigger role pulled the average contracted rate to 5.9% as loan terms stretched to 25.2 years, and the province also cooled with deeds down 19% month over month and mortgages down 43%.