The October 2011 statistics and graphs (released mid-month) with information related to Brazil’s real estate and land industry by clicking on the link above – including the property price variation index, OECD composite leading indicators, inflation statistics, the SELIC interest rate, housing / private / commercial sector lending, percentage changes in construction costs, consumer spending levels, consumer / industrial / business confidence, real earnings and unemployment.
Please see the September 2011 statistics and graphs (released mid-month) with information related to Brazil’s real estate and land industry by clicking on the link above – including the new property price variation index, OECD composite leading indicators, inflation statistics, the SELIC interest rate, housing / private / commercial sector lending, percentage changes in construction costs, consumer spending levels, consumer / industrial / business confidence, real earnings and unemployment.
Please see the August 2011 statistics and graphs (released mid-month) with information related to Brazil’s real estate and land industry by clicking on the link above – including the new property price variation index, OECD composite leading indicators, inflation statistics, the SELIC interest rate, housing / private / commercial sector lending, percentage changes in construction costs, consumer spending levels, consumer / industrial / business confidence, real earnings and unemployment.
On the back of our recent blog post on the rapid growth in the value of the major Brazilian real estate related funds in recent years, BTG Pactual recently published a report entitled ´Understanding Brazilian Property Investment Funds´ – the salient points of which we have outlined in this post.
Further fuel was added to the Brazil bubble debate as research – undertaken by the Rio Bravo organisation on behalf of the Exame magazine – pointed to the country’s property funds witnessing an average total return of 375.5 percent from January 2005 until June 2011. The data also stated that over the last year the average rental payments distributed by the funds was 8.56 percent.
Please see the July 2011 statistics and graphs (released mid-month) with information related to Brazil’s real estate and land industry by clicking on the link above – including the new property price variation index, OECD composite leading indicators, inflation statistics, the SELIC interest rate, housing / private / commercial sector lending, percentage changes in construction costs, consumer spending levels, consumer / industrial / business confidence, real earnings and unemployment.
Please see the June 2011 statistics and graphs (released mid-month) with information related to Brazil’s real estate and land industry by clicking on the link above – including the new property price variation index, OECD composite leading indicators, inflation statistics, the SELIC interest rate, housing / private / commercial sector lending, percentage changes in construction costs, consumer spending levels, consumer / industrial / business confidence, real earnings and unemployment.
President Dilma Rousseff has sanctioned a Law – Cadastro Positivo (‘Positive Credit’) – which gives banks and other financial institutions the authority to offer low interest rate payments to consumers who prove themselves to be good at meeting their commitments.
Recent research undertaken by Brazil’s Exame Magazine – using data from Ibope Intelligence – has shown that the rapid growth witnessed in Brazil’s property values between 2010 and 2011 pushes the country in front when compared to the rest of the world. This post provides the analysis undertaken (including a breakdown of some of the most prominent regions).
Despite the Brazilian real estate market looking set to experience a slow down, investment interest is nevertheless remaining strong. As an example, in March 2011 the Brazilian Capital Property Fund (‘Fundo dos Fundos de Investimentos Imobiliários da Brazilian Capital’), the first to be created of its kind, captured R$ 114 million (over R$ 14 million more than what was expected) collectively from 2,490 investors. According to Fabio Nogueira, director of Brazilian Finance Real Estate (BRFE) in an interview with the Exame magazine, such high demand has created an excellent opportunity to form a specific index for property funds – a process of which is already under analysis by the BM&FBovespa (the country’s main stock market).
