Brazil's housing market boom continues to make headlines. From January 2008 through April 2012, home prices in Sao Paulo and Rio de Janeiro jumped 135% and 169%, respectively, according to the FipeZap Index, which tracks prices every month in the country's seven biggest cities.

Average home prices in Sao Paulo and Rio de Janeiro rose nearly 25% during the 12-month period ending in April. In view of this growth, Fitch Ratings continues to closely monitor property market conditions and evaluate their associated credit risks.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.