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Tendencies for the property market in Brazil

According to the committee of Real Estate of the University of São Paulo – USP, the 6 key trends identified for this year are:

The prices are expected to fall in some areas, especially in large cities such as where the inventory of properties for sale and to rent became very large, due to the cooling of the economy and high prices. The cities mentioned are Manaus, Salvador, Brasilia and Vitoria .

In return , the country ‘s two largest cities, Rio de Janeiro and São Paulo , the tendency is still the increase, especially in smaller homes and more popular, due to the lack of space construction in the case of Rio de Janeiro and increasing the price of venal land in São Paulo.

Land prices continue to be the main factors of high real estate prices, and not only the increase in demand, ie there must still be some time before the decrease of the demand impact on prices .

The profile of released property shall remain the same as last year, thus reducing the release of smaller spaces to meet the financial capacity of the market, that was a strategy used by developers.

The speed of sales should decrease, due to the decrease of the financial capacity of buyers, and the need for construction companies to maintain their margins at a time when the economy cools

The search for financial credits for housing must maintain indicators of last year, namely 1 for 3 according to specialists .

Source : InfoMoney http://www.infomoney.com.br/minhas-financas/imoveis/noticia/3096835/perspectivas-para-mercado-imobiliario-brasileiro-2014