Brazil Housing Demand Set to Post Remarkable Growth
The housing demand in Brazil is projected to reach around 1.8 Million Units by the end of 2014, identified RNCOS in one of its latest research report.
- (1888PressRelease) September 03, 2011 - The Brazilian housing industry has emerged as the most vibrant and dynamic section of the real-estate industry. With the entry of numerous real-estate developers, availability of finance options, and increasing demand for residential property, the Brazilian housing industry has witnessed stupendous growth in the past. Moreover, the housing demand in the country is projected to reach around 1.8 Million Units by the end of 2014, says our new report, "Brazil Housing Sector Analysis".
Our report identifies that, although Brazil is witnessing robust developments in the construction industry, housing market still experiences large demand-supply gap due to the quick expansion of population and enormous shortage of housing units in the nation. It is however observed that, the high demand from low and middle income groups is accredited to fill the demand-supply gap in the country. The government has planned to build over 8 Million housing units in the coming years with extensive participation by the private sector.
Housing sector is the key driver of cement industry in Brazil. Despite financial turmoil and economic slowdown during recession, the Brazilian cement industry showed positive growth. We anticipate that cement consumption will remain almost same due to government's initiative on housing industry and real-estate spending. The booming real estate and construction sector has also created huge demand for cement industry. With the country hosting both the 2014 FIFA World Cup and 2016 Olympics, it is anticipated that the demand for cement will sustain its positive growth in the coming years also.
"Brazil Housing Sector Analysis", also provide detailed analysis of the housing sectors in Brazil. It presents thorough insight into the residential real-estate industry including affordable housing, and investment required to fill the demand of building new homes. Most importantly, the report also provides future outlook taking into consideration the effect of global economic crisis on the housing sector of the country. The report also discusses about the base drivers and market attractions. Additionally, the report sheds light on the industry verticals, such as cement, ceramic tiles, paint, etc. and discusses the market structure along with current and past market performance of the Brazilian housing industry. It also identified key players in the market and included their detail business description along with their recent activities.
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