Industry

Real estate financing in Brazil rises 22.6% in April

Real estate credit with savings resources totalled R$6.7 billion ($1.3 bn) in April, up 22.6% from the same month of 2019, and a 0.4% decrease in the sequential basis, Abecip said on Thursday. From January to April, loans for the acquisition and construction of real estate increased 27.9% year-on-year, to R$26.95 billion ($5.4 bn).

Source: UOL Economia

Categories: Industry