João Teodoro da Silva, leader of the Federal Council of Real Estate Brokers (Cofeci), predicts a good year for the Brazilian real estate market. Even with problems in the world economy and political issues, he sees a good future for the sector in 2024. This is a result of recent decisions by the Central Bank's Monetary Policy Committee, which maintained the Selic rate at 11.25% per year, which increased investor confidence.
At the last Copom meeting, on January 31, the Selic rate was maintained for the fifth time in a row, showing that the government wants economic stability. Although some economic problems still need to be resolved, João Teodoro believes that it is important to remain calm when conducting monetary policy.
While the world economy faces uncertainty due to conflicts and social problems, João Teodoro believes that Brazil is doing well, especially in the real estate market. He trusts in the stability of the products that Brazil sells, despite some warnings about the drop in soybean and iron ore prices. He also thinks that the advancement of technology, changes in consumer habits and easier access to credit will help the real estate market.
Despite some bad forecasts for the global economy, with possible problems in the short term, the Brazilian real estate market is doing well and growing. Therefore, João Teodoro da Silva thinks that 2024 will be a good year for this market in Brazil. He says it is important to adapt to new situations and make strategic investments to face the problems of the world economy.
Amid this extremely positive outlook for the real estate market, EXECUT is at your disposal to offer personalized support and guidance. Our team of real estate experts is prepared to assist you in all stages of searching and purchasing properties in the city. Whether for investment or housing, we are ready to make your real estate journey in João Pessoa a smooth and satisfying experience.
