Optimistic sector, even with high inflation and interest rates. Jonne Roriz / VEJA
Even with fees rising, which makes credit more expensive, with inflation on the rise, which takes away people’s income, and with the prices of properties rising, construction companies and developers continue with high optimism. The Residential Real Estate Sector Confidence Indicator for the first quarter, made by Deloitte in partnership with the Brazilian Association of Real Estate Developers, shows that 95% of companies say they will continue to launch in the coming months. Almost 80% said they will continue to buy land for more launches. But the home price index continues its upward trajectory, which began nearly two years ago. In the first quarter of this year, the increase was 11% compared to the previous quarter. The survey is carried out with 47 companies in the sector.
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