Credit Suisse has released an interesting report on the Brazilian real estate market. It talks about:
– the bubble in the commercial offices (“salas comerciais”), with comments by the famous USP professor Joao da Rocha Lima Jr.  
– drop in new home sales in SP (-28% compared to same period in 2010) 
– disregard the notion that there is a bubble in real estate loans (due to low% financed) 
– advise the homebuilders to increase gross margins in order to compensate for cost increases

Full report can be found here –  thanks to Housing Market Br

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