Regional real estate market trends

Real estate markets in Argentina and other regions have exhibited varying trends throughout 2026.

In Argentina, commercial real estate has seen a significant surge in rental supply, with national offerings estimated to have doubled between September 2025 and September 2026. In the Autonomous City of Buenos Aires (CABA), the market is characterized by a high volume of used apartment sales, though total transactions for the first eight months of 2026 saw a 2.3% decrease compared to the same period in 2025. Buyers in CABA are reportedly becoming more selective regarding price and location, while mortgage credit levels remain below 2025 figures.

Other regional markets have shown different patterns. In Chile, the warehouse market in the Metropolitan Region experienced high occupancy, with general vacancy falling to 3.59% in the first half of 2026.

In Spain, the housing market saw a 7.1% decrease in total transactions during the first half of 2026, with 353,557 units sold. While sales of used homes dropped by 8.4%, new home sales grew by 7.97%. This follows earlier reports from Pontevedra, where new home sales had doubled to account for 20% of all operations. By August, the Spanish market showed signs of a slight recovery, with home sales increasing by 1.3% and mortgages rising by 1.6%. Regional performance in Spain remains varied, with growth in Cantabria and Murcia contrasted by declines in La Rioja and Navarra.