#1IHA INTERNATIONAL HOUSING ASSOCIATION NAHB National Association of Home Builders IHA Secretariat STATE OF THE HOUSING INDUSTRY PRESENTATION BRAZIL SENAI CBIC Iniciativa da CNI - Confederação Nacional da Indústria#22 COUNTRY: Brazil STATE OF THE HOUSING INDUSTRY PRESENTATION 2019 IHA INTERIM MEETING NAME OF ORGANIZATION: Brazilian Chamber of Construction Industry (CBIC) ORGANIZATION OVERVIEW: The Brazilian Chamber of Construction Industry - CBIC was founded in 1957 in the state of Rio de Janeiro to address issues relating to the Construction and Real Estate Industry and to serve as the industry's representative in Brazil and abroad. Headquartered in Brasilia, the CBIC is composed of more than 80 unions and employer associations in the construction sector throughout the country's 27 states. SEPCBIC provides political representation to the sector and promotes integration of the construction supply chain nationwide, contributing to the economic and social development of Brazil. SENAI CBIC Iniciativa da CNI - Confederação Nacional da Indústria#3STATE OF THE HOUSING INDUSTRY PRESENTATION 3 2-COUNTRY ECONOMIC STATISTICS: Total Population (per million) 208..95 (IBGE 2018) (IBGE 2017) by a US$ Gross Domestic Product (GDP) 1,772.6 billion GDP Growth (accumulated four 1.40% (IBGE 34 2018) previous quarters) GDP Per Capita US$ 8,528 (IBGE 2017) Consumer Price Index 3.75% (IBGE 2018) Unemployment Rate 11.6% (IBGE PNAD/DEZ 2018) Population Growth/Net 0.82% (IBGE 2018) SENAI CBIC Iniciativa da CNI - Confederação Nacional da Indústria#4STATE OF THE HOUSING INDUSTRY PRESENTATION 4 2- HOUSING ECONOMIC STATISTICS: Starts: - Single Family (per million) Percentages: Numbers: 15% 10.48 - Multifamily (per million) 85% 59.29 House Price Index (INCC-M FGV 2018) Home Mortgage Interest Rate 3,97% Home Ownership Rate (per million) 4% to 9% 73.5% 51.29 Housing Deficit (Undersupply) FJP 2015 Median House Price (per thousand/US$) Total Housing Stock (per million) 9% (relative deficit) 6.36 million 98.79 69.77 SENAI CBIC Iniciativa da CNI - Confederação Nacional da Indústria#55 Number in million workers 0,00 0,50 1,00 1,50 Source: RAIS e CAGED/MTE *CNAE 2.0 ** CAGED dec/2018 CBIC Brazilian Chamber of the Construction Industry 2,00 2,50 3,00 3,50 1,44 1,67 2010* 1,99 2011* EMPLOYMENT 2,22 2,63 2,91 3,02 3,09 3,02 2,59 2,12 year SENAI CBIC Iniciativa da CNI - Confederação Nacional da Indústria 1,96 2,03#68 CBIC Brazilian Chamber of the Construction Industry 70,0 PROPERTY FINANCING (constant amount of 2018 in US$ billions) 13,1 5,38 5,79 OGU SBPE FGTS -GDP Tax 2006 0,0 3,6 3,4 2007 2008 2009 Source: ABECIP, Canal FGTS - Caixa, SIAFI - Consultoria da Câmara dos Deputados. Years Source: CBIC 2010 10,0 4,9 5,1 2011 9,2 20,0 15,0 Amounts 40,0 0,3 30,0 7,0 15,5 2,40 2012 2013 60,0 9,2 50,0 7,0 4,9 11,1 24,6 2,93 13,7 33,1 4,54 2014 2015 2016 14,0 32,1 2017* 15,1 2018** 15,4 17,7 14,7 14,0 40,1 39,1 24 24,6 13,7 1,99 11,9 0,98 -10,0 -7,5 16,1 3,2 15,4 1,22 -2,3 4,36 4,5 8,2 5,38 SENAI CBIC Iniciativa da CNI - Confederação Nacional da Indústria#77 STATE OF THE HOUSING INDUSTRY PRESENTATION 3- HOUSING ECONOMIC DATA: Gross Profit Margin: Net Profit Margin: With Land (Percentage) 30% 13% SENAI CBIC Iniciativa da CNI - Confederação Nacional da Indústria#88 STATE OF THE HOUSING INDUSTRY PRESENTATION: Housing Deficit Housing Deficit - 2015 Housing Units (per million) Percentage Precarious Housing 0.94 14.8 Family Cohabitation 1.90 29.9 Excessive Rent Burden 3.18 50.0 Densification Excessive 0.33 5.2 Total 6.36 100.0 Source: Fundação João Pinheiro SENAI CBIC Iniciativa da CNI - Confederação Nacional da Indústria#9HA INTERNATIONAL HOUSING ASSOCIATION NAHB National Association of Home Builders IHA Secretariat THANK YOU! José Carlos Martins CBIC, CHAIRMAN ([email protected]) SENAI CBIC Iniciativa da CNI - Confederação Nacional da Indústria