Oct 14 2009
Research and Markets has announced the addition of the "Brazil Housing Sector Analysis" report to their offering.
Brazil has emerged as one of the favorable destinations for the real estate developers to tap unexplored opportunities in housing sector, despite gloomy economic environment. This is largely due to the fact that the country is facing massive housing shortage owing to demand-supply mismatch. With recession hurting the economy, low cost or affordable housing units are fast emerging as the next area of growth in the country's housing sector.
According to our latest research report "Brazil Housing Sector Analysis", the housing sector is poised for tremendous growth in the coming few years on the back of growing population, rising income levels and increasing demand for housing units, particularly in the lower and middle income segment. Our research anticipates total housing stocks to increase at a CAGR of around 3% during 2009-2013.
Moreover, the government-owned housing institutions have been offering loans at 12% interest that can be easily paid over 30 years. This, along with various other initiatives by the government, will lead to 14% decline in the housing deficit, at 6.27 Million homes in 2007. However, the government hasn't set a deadline for completion and the program will be considered finished only on completion of one million homes.
Anticipating the market potential, Brazil is witnessing massive investments in its housing sector, from both the private and the public sector. These investments are particularly targeted at meeting unprecedented demand for affordable housing units in the country. It is anticipated that the housing construction industry could overtake other sectors in terms of contribution to GDP growth in the next few years.
"Brazil Housing Sector Analysis" provides extensive research and objective analysis on the growing housing industry in Brazil, its components and supporting financing structure. The report aims at helping clients to analyze the factors critical to the success of the housing industry in Brazil. Detailed data and analysis helps investors, financial service providers and global real estate players to navigate through the latest trends in Brazil's housing industry.
Source: http://www.researchandmarkets.com/