The market in Brazil's largest city closed the month of September with an expansion of launches and sales, according to a survey conducted by the Housing Union (Secovi-SP).
The scenario indicates resilience, despite the environment of higher interest rates and proximity to the elections, which usually cause some consumers to postpone deals.
The number of new housing starts in September increased by 5.9% year-on-year to a total of 8,225 housing units.
In turn, registrations in the last 12 months (Oct. 2021 to Sept. 2022) grew by only 1% compared to the previous period, totaling . . .