Still in the aftermath of the impact of the financial crisis of 2009, the year 2012 is marked by the beginning of the economic recovery of the country, prespecting a more favorable scenario, characterized by the acceleration of economic growth..It is with great satisfaction that we present the latest edition of our ZREport. This study by Zenki Real Estate intends to expose the substantial changes in the real estate sector, keeping its objective as a barometer of the current reality, and providing an outlook into the future of various market sectors. Lack or inadequate information limits sustainable decision making. It is in the sense of supporting these decisions that we regularly dedicate ourselves to this report, with the same rigor and professionalism that we apply to relationships with our Clients.