NewzA recent industry report indicates that construction activity in Buenos Aires reached a period of stabilization during the first half of the year. Despite this leveling off in activity, the sector faces economic headwinds as rising construction costs in dollar terms have led to a decline in real estate profitability.
The findings highlight a challenging environment for developers, where the stabilization of the market is offset by increased operational expenses. This shift in cost structures is currently exerting downward pressure on the financial returns expected from real estate investments in the region.
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