The so longed-for ‘V’ recovery has become a reality in the real estate market in São Paulo, where sales have already exceeded levels recorded before the pandemic. In August, 6,350 new apartments were sold, 46.3% more than in July and 35% above August of last year. In the accumulated of the previous 12 months, 48,885 units were sold, an increase of 17.1% in comparison with the last 12 months. The data is from the Housing Union (Secovi-SP).
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