The latest report from the La Plata Chamber of Commerce, Industry and Services revealed that the local real estate market grew in October compared to the previous month and the same period, but in 2024.
According to the document, deeds increased 26.3 percent year-over-year. In addition, operations in the period January-October 2025 recorded an increase of 36.3 percent compared to January-October 2024. Likewise, the month with the highest number of certificates was December last year with 1,973, while the average was 1,175 monthly operations.
In terms of buying and selling tickets, the document prepared by the National University of La Plata identified a growth of 26.3 percent in October year-on-year and 0.4 percent compared to September.
Any more information? It also showed that the number of mortgages in the city is increasing: “In the period January-October 2025 it is five times higher than the January-October 2024 mortgages.”
Growth and credit
Ramón Penayo, auctioneer of the city, emphasized in dialogue with EL DIA that “there was a small increase compared to last year” and explained: “What happened with the deeds and mortgages is that they were already processed before the elections.”
According to Penayo, while there was a percentage increase in some sales, “we are always talking about transactions that are not large values,” he warned. In this regard, he explained that “apartments are being sold for up to $1,100 per square meter.” However, he highlighted the “low sales growth” and analyzed that this leads to movement in the work chain: “It creates traction in other sectors, including the person who paints, the gas fitter and the electrician.”
Gisela Agostinelli, auctioneer of the city, pointed out to this newspaper the influence of the “credit guidelines” that led to the reactivation of the real estate market.
“The truth is that in 2024 and 2025 there has been a great growth in terms of buying and selling operations and it is estimated that it will continue,” warned Agostinelli, analyzing: “The real estate market is currently experiencing a moment of positivity because the uncertainty of the last few months is over and that is encouraging for the sector,” he warned.
Meanwhile, he also said: “Mortgage loans are necessary, a large part of the reactivation is thanks to him, as they are the key driver for many people to buy a home.”
On this, Mariana Valverde, a local auctioneer, told EL DIA: “Credit is extremely important for the real estate market. The person who sells on credit brings money into the same market by purchasing houses that are suitable or not suitable for credit, thus mobilizing the entire economy. When we have more credit, there is an exponential increase in deeds.”
Meanwhile, Penayo added: “I hope that there will be more loans. Today it is difficult to acquire a property without a loan, but there are many things to take into account,” explaining: “We are still not at 100 percent.”
Time after the election
According to the auctioneers, there were signs of growth in the first half of the year, but “at election time it stopped again. I believe that next year will be a more dynamic year because there are no elections,” explained Ramón Penayo.
Likewise, Agostinelli stressed that the period of uncertainty typical of elections is over and described 2025 as “a good year,” he noted. Meanwhile, Valverde visualized: “After the elections, they started evaluating portfolios and pre-approving loans.”
What’s coming
“Inquiries are increasing and this already shows good prospects,” said Agostinelli, adding: “The profitability of rentals has improved for investors. This makes them active in the search for properties.”
Penayo, meanwhile, hoped “that interest rates will continue to fall so that people can take out more loans” and called for “a salary adjustment so that everything improves a little.”
Finally, Agostinelli envisioned a next year with “more profitable rentals and more freedom in terms of contracts, as the updates attract investors and this inevitably leads to a reactivation of sales,” he concluded.
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