Brazil Real Estate and Construction Sector Report 2023 4th Quarter

In December 2023, the Brazilian Chamber of Construction Industry (CBIC) had forecast a decline of 0.5% y/y for construction GVA in 2023, after a pace of three consecutive years of expansion above the national economy. However, a recovery is expected in 2024, with a projected increase of 1.3% y/y. This updated forecast signals a deterioration in the sector's performance, marking a substantial deviation from earlier expectations. In 2022, the construction GVA experienced a growth of 6.8% y/y. At the close of 2022, the CBIC had initially forecasted a 2.5% y/y upturn in construction GVA for 2023. However, by July 2023, this projection was revised downward to 1.5% y/y.

This report provides a complete and detailed analysis of the "Real estate and construction" sector for Brazil. EMIS Insights presents in-depth business intelligence in a standard format across countries and regions, providing a balanced mix between analysis and data.

What this report allows you to do:

• Understand the key elements at play in the "Real estate and construction" sector in Brazil
• Crystallise the forces both driving and restraining this sector in Brazil
• Ascertain Brazil’s position in the global sector
• Build a complete perspective on sector trade, investment and employment
• Understand the competitive landscape and who the major players are
• View M&A activity and major deals
• Gain an understanding of the regulatory environment for the sector in Brazil.
• Build a clear picture of trends, output and consumption for specific sub-sectors