Sunday , May 16 2021

The recession slowed the growth of rent in the capital – 29.11.2013

The slowdown in the real estate market has also hit the rental segment, at least in the Federal Capital. In the third quarter of the year the price of m2 for rent an average 31% year on year increase in departments is used. This implies a slowdown in relation to the increases calculated in the previous quarter.

According to data collected by the Bureau of Statistics of the city of Buenos Aires, with information from ArgenpropThe mono ambient use increased in the quarter, a 35.8%; The 2-room apartment, which represents 46% of the total offer of CABA locations, has increased 31.8% and 25.8% was the increase in units used in 3 environments, which accounted for 24.2% of the market.

The slowdown in rental prices during the third quarter is related to the withdrawal of the market as a whole and the inability of owners to adjust values ​​in relation to the low income of tenants, explain the real estate.

On the other hand, rising rents for units of 2 and 3 environments was lower than the variation in prices estimated according to the Consumer Price Index of the city of Buenos Aires (IPCBA), which in average for July / September, reached 34.7% 1 in relation to the year. However,, evolution of Monoambents continued slightly above.

From the second quarter of 2017 to April / June this year without interruption, rents to the city they were estimated at a higher rate than that registered with the trajectory of consumer prices.

With the neighborhood, the highest prices calculated for the monoamboots used were confirmed Palermo ($ 10,120) and Recoleta ($ 9,599); In the meantime, departments with lower value were observed Liniès ($ 7,029) and Floresta ($ 7,032).

In the case of the use of 2 main rooms, the highest prices corresponded with the units of Puerto Madero ($ 21,635) and Palermo ($ 13,876); in Villa Luro ($ 9,461) and Velez Sarsfield ($ 9,542) the lowest average income.

For the used 3-room apartment, Nuniez ($ 20,050) and Palermo ($ 19,749) are the most expensive neighborhoods; at the other extreme were Villa Grail, Miter ($ 14,631) and Linieus ($ 14,929).

With a commune, the most significant dispersion of the price This was confirmed in the segment of properties in 2 environments, where the gap between the maximum rent (Comuna 14, Palermo) and the minimum (Comuna 10, Floresta, Monte Castro, Veles Sarsfield, Versailles, Villa Luro and Vila Real) reached, between July and September, 44.7%.

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