RIO DE JANEIRO, BRAZIL - The real estate market is growing fast and sales of new apartments increased 95% in the first semester in the city of São Paulo and metropolitan region, according to a survey conducted by AoCubo - a digital real estate company that uses technology to change the experience of buying and selling new apartments.
Even as the SELIC benchmark interest rate in Brazil was adjusted, reaching 4.25%, the sector does not seem to be intimidated and should continue to expand throughout the year.
"Despite influencing mortgage rates, the market still attracts buyers and investors interested in . . .