Wed, Oct 1, 2014
A A A
Welcome hendrik.absolut
RSS

Real Estate Briefing - Categorized | Finance, Residential property Watch more

Brazilian home sales depend on interest rates below 14pct, Gafisa chief says

Posted on 23 May 2011

Brazilian home sales are unlikely to be affected by rising borrowing costs so long as the central bank keeps the benchmark interest rate below 14 percent, said Duilio Calciolari, the new chief executive officer of Gafisa SA.
“Interest rates and inflation are a concern,” Calciolari said in an interview at Bloomberg headquarters in New York yesterday. “But we don’t see an impact if they go to 14 percent to try to contain inflation.”………………………………………Full Article: Source


 Article link

This post was written by:

Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


Contact the author

Comments are closed.

banner
October 2014
M T W T F S S
« May    
 12345
6789101112
13141516171819
20212223242526
2728293031