Argentina | Real Estate and Construction Outlook 2024

Summary

The change of cycle expected by the sector was confirmed. The repeal of the Rent Law, the resurgence of loans, a greater control of inflation and recovering real wages augur a further expansion of the real estate market.

Key points

• Key points:
• The construction sector is facing a challenging moment, but there are positive signs thanks to the recent fiscal amnesty and the latest news on divisible mortgages.
• Real estate activity has been boosted by the resurgence of mortgage loans and the attractiveness of property values.
• Access to housing improved in year-on-year terms, thanks to the recovery of wages in recent months and the still contained value of the square meter.
• The repeal of the Rent Law led to a very positive change in the market, since the supply of rentals was boosted and regained its attractiveness as an investment opportunity.
• The outlook for the sector is encouraging. It is expected that real estate activity will continue its expansive phase and that construction activity will benefit from new developments that will allow it to take off.

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