SAO PAULO, Aug 10 Latin America's two largest
homebuilders struck an optimistic tone on Friday, saying profits
should increase in coming quarters as key regulatory issues have
been solved and Brazil's presidential election should not
disrupt housing subsidy programs.
SAO PAULO, July 16 Cyrela Brazil Realty SA
, one of Latin America's largest homebuilders,
reported a strong jump in new home launches and contracted sales
in the second quarter, as Brazil's real estate market continues
to pick up steam.