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Brazil’s real estate financing boosts sales and may hit record in 2021

RIO DE JANEIRO, BRAZIL - Between 2019 and 2010, real estate credit increased by almost 60%, breaking an all-time record. In 2021, the outlook seems even better, with a projected R$160 (US$30.2) billion - almost R$40 million more than the amount financed in 2020 - with a trend towards breaking a new record, despite the pandemic.

The drop in interest rates has favored this growth. The rates, which stood at . . .

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