Natalia Muscatelli
10/19/2020 11:58 AM
Clarín.com
Economy
Updated 10/19/2020 11:58 AM
The
rise in the dollar
is putting more pressure on the real estate market, historically with dollarized prices.
The sale values of the properties that had been behaving downwards dragged by the paralysis of the operations, are currently being forced to fall again -in dollars- after the depreciation of the local currency.
Already, in the last year, the fall in prices averaged
17.4% in used properties located in Greater Buenos Aires
, according to the Real Estate Report (RI) records.
Also in the properties of the Federal Capital the same trend occurred, although not so abrupt: until August, the supply values of used apartments had registered
decreases of 13.84%
.
However, the situation indicates that prices could fall even more, since last Friday, the blue dollar reached $ 178, after registering an increase of more than 20% so far this month.
In the case of prices monitored by RI, in Greater Buenos Aires the 17.4% decline was measured by taking the published values of the departments used.
That is to say, without taking into account the other drops that could be specified in the sales prices that were actually specified.
With which,
the fall could be even greater.
The evolution of average property prices in the GBA, according to the Real Estate Report
The survey of values carried out by the site on a quarterly basis since September 2008 in the GBA yielded -in September- the
lowest
average m2
in the last 5 years.
According to this monitoring, the current value registered as an average of the 13 localities of the first Buenos Aires cordon surveyed was slightly higher than
U $ S / m2 1807,
being 24.6% lower than the maximum of the series two years ago in the same month of 2018 and 17.4% lower than September of last year.
The
Mercado Libre Inmuebles platform
also
detected that the sales market continues with the downward price trend.
In this case, the measurement is limited to the third quarter of the year and showed that in the AMBA the price fell 2.3% and in CABA, 4.2%.
In this case, the data show that the departments in CABA maintain an average of
US $ 2,430 per square meter
while those in the Northern Zone of GBA are at US $ 2,150;
the South Zone of GBA, US $ 1,778 and the West Zone of GBA, US $ 1,654.
If the neighborhoods and prices per square meter of apartments are analyzed, in Greater Buenos Aires the highest prices in the Northern Zone correspond to Vicente López with US $ 3,265, San Isidro with US $ 2,982 and Tigre with US $ 2,624.
Finally, a survey by the Real Estate Report that asked Do
you think.
that with the rise of the dollar, the prices of the properties will go down?
he was not surprised with the results.
Among 2816 cases,
53%
of those who participated in the survey
answered "Yes"
;
30% "No" and 17% thought that the values "will remain stable".
AQ
Look also
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