Brazil: Real estate sales and prices are at a slower pace

The index that measures the percentage of sales over the total number of units offered dropped 14.8% to 9.8%, compared to 11.5% in May 2021.

The evolution of new residential property sales in São Paulo, according to the Secovi-SP bulletin, and the continuous rise in prices, registered by DataZap+, show that the real estate market maintains the recovery that began after 2019, after enduring a period of retraction since . . .

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