RIO DE JANEIRO, BRAZIL – Transactions between January and March reached a record R$43.1 (US$8.2) billion, with 187,600 units sold.
After a 57.5% growth last year – with R$124 billion in bank loans – the volume of real estate financing jumped 113% in the first quarter 2021 compared to the first three months of last year.
According to data from the Brazilian Association of Real Estate Credit and Savings (ABECIP), operations between January and March reached a record R$43.1 billion, with 187,600 units sold.
The assessment is that expansion of the real estate . . .
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