trending Market Intelligence /marketintelligence/en/news-insights/trending/nembg4xcujnhzm7arvzyda2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In this list

Argentina's tax amnesty program should bolster mortgage lending

IFRS 9: Time is Running Out for Insurance Companies to Comply

5 Quant Research Traps to Avoid

S&P Global Market Intelligence

Wind Power by the Numbers: U.S., Canada and Mexico

Measuring The Wireline Digital Divide In The US

Argentina's tax amnesty program should bolster mortgage lending

Argentina's tax amnesty program is expected to bolster the country's mortgage lending market, as participants can avoid paying fees by investing in real estate development funds, Reuters reported.

The country's largest real estate developers have launched funds, and the sector is expected to see a "demand boom," according to an industry executive. The value of mortage loans as a percentage of the economy is below its historical norm, Christian Lopez, the chief executive of the asset management division of developer Consultatio SA, reportedly said.

In the aggregate period between January and October, about 34,000 deeds for home purchases and sales were reportedly notarized in Buenos Aires, up 12% year over year and the highest level since 2012, the newswire said, citing data from the College of Notaries.

Around 1 billion Argentine pesos of loans have been placed by several banks through a new central bank program linking mortgage rates to inflation, according to the report.

As of Dec. 29, US$1 was equivalent to 15.69 Argentine pesos.