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Lun - Ven, 9:00 - 18:00 h (EST)
Lun - Ven, 9:00 - 18:00 h (EST)
Lun - Ven, 9:00 - 17:00 h (SGT)
Lun - Ven, 10:00 - 18:00 h (JST)
Lun - Ven, 9:00 - 18:00 h (GMT)
Lun - Ven, 9:00 - 18:00 h (EST)
Key regions: Japan, China, Australia, Germany, United States
The Residential Real Estate Leases market in Brazil has been experiencing significant growth in recent years.
Customer preferences: One of the main reasons for this growth is the increasing preference among Brazilians to rent rather than buy properties. This shift in customer preferences can be attributed to several factors. Firstly, the high cost of homeownership, including property taxes and maintenance expenses, has made renting a more affordable option for many individuals and families. Additionally, the flexibility and freedom that renting offers in terms of mobility and the ability to easily change living arrangements have also contributed to the popularity of residential leases in Brazil.
Trends in the market: Another trend in the Residential Real Estate Leases market in Brazil is the rising demand for rental properties in urban areas. As more people move to cities in search of better job opportunities and a higher standard of living, the demand for rental housing in urban centers has increased significantly. This trend is expected to continue as urbanization rates in Brazil continue to rise. In addition, the market has seen a shift towards the rental of smaller properties, such as apartments and studios, rather than larger houses. This can be attributed to changing demographics, with an increasing number of young professionals and small families seeking affordable and convenient housing options in urban areas.
Local special circumstances: Brazil has a large and growing middle class, which is driving the demand for residential leases. As more people enter the middle class, they are looking for better housing options and are increasingly opting to rent rather than buy. This has created a strong market for residential leases in Brazil.
Underlying macroeconomic factors: The macroeconomic factors that have contributed to the growth of the Residential Real Estate Leases market in Brazil include a stable economy, low interest rates, and favorable government policies. The stable economy has provided individuals with the confidence and financial stability to consider renting as a viable housing option. Additionally, low interest rates have made financing more accessible, making it easier for investors to enter the rental market. Lastly, government policies aimed at increasing access to affordable housing have also played a role in the growth of the residential lease market in Brazil. Overall, the Residential Real Estate Leases market in Brazil is experiencing significant growth due to changing customer preferences, increasing demand in urban areas, a growing middle class, and favorable macroeconomic factors. These trends are expected to continue in the coming years, making the residential lease market a lucrative opportunity for investors and landlords in Brazil.
Data coverage:
Figures are based on total and average revenue of residential apartment leases.Modeling approach:
Market size is determined by a bottom-up approach. We use national statistics, international organizations, and industry associations to analyze the markets. To estimate the market size for each country individually, we use relevant key market indicators and data from country specific industry associations such as GDP, price level index, household wealth, household size, number of renter and owner households, housing consumer spending per capita.Forecasts:
We use a variety of forecasting techniques, depending on the behavior of the market, for instance, exponential trend smoothing. The main drivers are GDP per capita, population, number of renter and owner households, price level index, housing consumer spending per capita.Additional Notes:
Data is modeled using current exchange rates. The market is updated twice per year in case market dynamics change. The impacts of the Russia-Ukraine war considered at a country-specific level.Lun - Ven, 9:00 - 18:00 h (EST)
Lun - Ven, 9:00 - 18:00 h (EST)
Lun - Ven, 9:00 - 17:00 h (SGT)
Lun - Ven, 10:00 - 18:00 h (JST)
Lun - Ven, 9:00 - 18:00 h (GMT)
Lun - Ven, 9:00 - 18:00 h (EST)