The price in dollars of the properties had its biggest fall in 15 years in Buenos Aires

Hand in hand with the loss of value of the peso against the dollar, the price of real estate in the City of Buenos Aires is increasingly lower. The dollar values of used two and three-room apartments showed an average decrease of 6.7% during the last quarter and 16.7% in its interannual comparison. The drop reaches 22.09% if we compare the current value with February 2019 (the peak) which reached $2,400 per m2, this is the seventh quarter of consecutive falls.

Source: Ámbito