Residential Sales in Brazil’s São Paulo City Jump to Year High

Possible glimpses of economic recovery seen in São Paulo, as city records significant increases in new residential units sold and launched in September.

By Nelson Belen, Contributing Reporter,

SÃO PAULO, BRAZIL - According to just released data from the São Paulo Housing Union (Secov-SP), sales of new residential properties in Brazil’s largest city, São Paulo, totaled 1,717 in September. The volume represents a 59.3 percent increase over the total units sold in August (1,078 units) and 23.3 percent above September of last year (1,392 units).

With these figures, September was the best month of the year for new residential Subscribe to our Premium Membership Plan. Already Subscribed?