April 2026 BA Real Estate update

Monthly real estate market update for Buenos Aires

Welcome Avatar! Time for the monthly check-in on the Buenos Aires real estate market, and March finally gave us the kind of numbers that almost make me want to break out the Malbec. But let’s hold our maras and not start celebrating quite yet.

Deeds are up 17.8% year-on-year at 5,590 records, and we are crawling back toward the 6,000 deeds/month baseline that prevailed before the October midterms threw cold water on the mortgage pipeline. The two-month digestion of the BCRA's encajes hangover looks like it is finally working its way out of the system.

There is a lot more going on under the surface. Listing prices barely moved (one US token above February in CABA for March), pozo developers are still quietly raising prices on new launches, newly launched square meters are down 40% year-on-year, and Sturzenegger is loading up another deregulation bill that should arrive in Congress in June to gut real estate brokerage middlemen.

Plus, this rodent finally heard back from the silent developer mentioned in last month's update, and the explanation for the construction delays is peak Argentine clown show.