## Thiana Imóveis — market opinion

The Brazilian real estate market is currently in a challenging phase characterized by rising construction costs, high inflation, and limited credit access. The proposed work hour reductions in the construction sector exacerbate the situation, potentially resulting in significant cost increases for buyers. While there are opportunities for cash buyers or those purchasing off-plan properties, the overall environment remains unfavorable for most, particularly first-time homebuyers or those reliant on financing.

## Buying environment

The current real estate market in Brazil is facing several challenges, making it generally unfavorable for the majority of potential buyers. The proposed reduction in work hours in the construction industry could increase labor costs by up to 15%, leading to an expecte ...