The U.S. dollar is now worth approximately 4 pesos in Argentina which is good news for those people who shop in dollars. However, according to the article in the Merco Press "The new rules effective this week limit US dollars or equivalent, cash sales to 20.000 USD and for sales of over 250.000 USD, evidence of assets and/or earnings must be provided to support such an operation. The rules are also targeted to discourage circulation of 50 and 100 US dollars bills."
Not sure how this will affect the real estate market since most sales are in cash dollars. It will also be interesting to see how these new controls play out in time.