The Brazilian real estate sector has recorded over the last two years, an exponential increase in prices. The cause must be sought mainly in the growing demand for real estate. In late 2010 there was a slowdown in sales but the forecast for the current year are positive.
In recent years, the Brazilian real estate sector has experienced a steady increase in prices, mainly due to two factors: firstly, the increasing demand (almost doubled in the last two years) by the middle class and popular Secondly, the "Minha home Minha Vida", which involves the construction of buildings for the poor and the band is part of the Growth Acceleration Program (known as CAP).
Taking sample the city of Sao Paulo shows that in October 2010, the trend in property prices fell by 3.53% compared to the month of September. Nevertheless, even the trades were lower by 25.6% over the previous month. As regards, however, the leases of residential property in 2010 increased by 13.4% over the previous year.
last two years, the demand for real estate has grown so much that exceed the number of homes available and, according to a report compiled by research firm Brazilian Popular Date, over 9 million families have expressed their willingness to purchase the property of a building by the end of this year. The growing optimism about the investment property is favored by the economic boom and related facilities access to credit.
forecasts for 2011 are generally positive both for local and international investors. The construction sector is growing and offers excellent business opportunities.
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