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Brazil high-end real estate faces inventory glut as sales lag launches
Valor Econômico·BR·1 day ago
Cury, a major Brazilian real estate developer, has 95% of its portfolio aligned with the Minha Casa, Minha Vida (MCMV) program, which accounted for 49.6% of national housing launches in 2025. This strategic focus positions Cury to benefit from continued government-backed demand, though reliance on the program exposes it to policy shifts.