According to the Brazilian Association of Real Estate Credit and Savings Entities (Abecip), mortgage lending in Brazil totalled R$180,9 billion in the first half of 2026, up 23% from the same period of 2025. Within that total, loans funded through the Brazilian Savings and Loan System (SBPE), which channels savings-account deposits into housing purchase and construction finance, reached R$93,7 billion, a gain of 29% year-on-year. Close to 130.000 new and used units were financed under SBPE lines in the period.
Construction-specific loans under SBPE were the strongest segment, rising 107% to R$26,5 billion, more than double the volume seen in the first half of 2025. Loans for property acquisition under the same programme rose 12% to R$67,2 billion. Abecip also began disclosing lending funded through banks' own free resources for the first time, which totalled R$9,6 billion in the half, a decline of 8% from a year earlier.
According to Abecip director-president Michel Cury, demand for mortgage credit remains supported by household formation, labour-market conditions and housing programmes. The association said the half-year result exceeded its initial expectations and that it will shortly revise its 2026 forecast for the mortgage lending market.
Abecip's survey covers only credit lines funded through savings-account deposits, used mainly to finance the purchase and construction of housing for middle and upper-income buyers.