Argentine real estate market reports sharp drop in mortgage credits

Argentina's real estate market holds steady in property deeds but faces a marked reduction in mortgage credit operations, according to specialists.

Alejandro Braña, a real estate developer, reported a 55% year-over-year drop in mortgage credit operations in both the city and province of Buenos Aires. He noted that nearly nine out of ten operations are handled through Banco Nación and that private banks offer no mortgage credits.

Valeria Goldman, a board member of the Colegio de Escribanos de la Ciudad de Buenos Aires, stated that around 5,400 deeds were recorded in the capital in May, a figure similar to the previous year. She highlighted a 37% reduction in mortgage credits compared to the same period.

Goldman added that properties appreciated between 10% and 15% between 2025 and 2026. More than 23,000 deeds were completed in the city during the first five months of the year. Both specialists agreed that current transactions rely mostly on buyers' own funds.

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