Sun, Sep 21, 2014
A A A
Welcome hendrik.absolut
RSS

Real Estate Briefing - Categorized | Americas, Emerging Trends more

Argentine real estate activity sharply falls

Posted on 15 January 2013

One thing Argentines will be looking to put far behind them as the New Year begins is last year’s real estate sector performance. According to a recent report, real estate activity in 2012 fell approximately 40%, making it one of the sector’s worst performing years in the country in a decade. For transactions related to properties already on the market, activity plummeted nearly 80%.
One reason for the slowdown is that economic growth in Argentina has stalled. After expanding at a reported rate of nearly 9% in 2011, economic growth for 2012 is expected to amount to less than half of that………………………………………..Full Article: Source


 Article link

This post was written by:

Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


Contact the author

Comments are closed.

banner
September 2014
M T W T F S S
« May    
1234567
891011121314
15161718192021
22232425262728
2930