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RIO DE JANEIRO, July 14 (Reuters) - Brazilian homebuilder Gafisa SA said on Tuesday its launches of new projects rose by 16.5 percent in the second quarter from a year ago to 482 million reais ($153.5 million).
Contracted sales in the quarter grew 22.9 percent to 532.1 million reais, the company said in a statement.
$1 = 3.14 Brazilian reais Reporting by Stephen Eisenhammer; Editing by Christian Plumb