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Buenos Aires Real Estate Market 2009 Buenos Aires Real Estate Activity
By property | July 11, 2009
Buenos Aires Real Estate Market 2009 Buenos Aires Real Estate Activity
Falling real estate activity in the city during the first quarter
During this period, there was a low 39.32% in the number of scripts, according to the College of Escribanos Aires, while the amounts involved, there was a decline of 30.06% when compared with March February showed a rise of 72.57%
Real estate activity in the City of Buenos Aires also suffering from the crisis. During the first quarter of this year, the number of scripts that were dropped by 39.32% (8706) compared this data with the same period last year (14,349), according to the College of Escribanos Aires.
The agency indicated that if the amounts are measured, the fall was 30.06% ($ 2.417.900.357,94 in 2009 against $ 3.457.415.166,34 in 2008).
March was not a good month for the industry. With regard to the amount of writes, transactions fell by 21.92% over the same month in 2008. However, the figure was better than February in realaciĂłn this month saw a rise of 43.27%.
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