The Rio Times
Americas · 39 mins ago
MRV Is Selling More Homes in Brazil, and They Are Worth Less
Markets Key Facts —The headline. MRV&Co launched R$2.953bn ($573m) of housing in the second quarter, down 14.4% on a year earlier, while net sales rose 3.5% to R$2.75bn ($534m). —The tell. Value fell faster than volume, with units launched down 12.8% against a 14.4% drop in value, and an average ticket of R$277,000 ($53,786). —A […]
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