Cyrela Launches Jump 34% in Q2, But Sell-Through Slips

Markets Key Facts —Launches. Cyrela launched R$3.84 billion ($760 million) of new homes in the second quarter, up 34% on the year. —Sales. Net pre-sales excluding swaps reached R$2.56 billion ($507 million), a 14% annual rise. —The catch. The twelve-month sell-through rate fell to 42.8%, down from 51.4% a year earlier. —Half-year. Launches for the…