Indicate by check mark if the registrant is submitting
the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

Yes ______ No ___X___

Indicate by check mark whether by furnishing the information contained in this Form,
the Registrant is also thereby furnishing the information to the Commission pursuant
to Rule 12g3-2(b) under the Securities Exchange Act of 1934:

Yes ______ No ___X___

If “Yes” is marked, indicate below the file number assigned
to the registrant in connection with Rule 12g3-2(b): N/A

GAFISA S.A.

Corporate Taxpayer’s ID (CNPJ/MF) No. 01.545.826/0001-07

Corporate Registry (NIRE) 35.300.147.952

Publicly-Held Company

NOTICE TO MARKET

São Paulo, SP, Brasil, January 10, 2012 – Pursuant to Article 12 of CVM Instruction No. 358/02, Gafisa S.A. (BOVESPA: GFSA3) (“Gafisa” or “Company”), hereby discloses to its shareholders and the market communication received on the present date from its shareholder FUNCEF – Fundação dos Economiários Federais, with headquarters located in the City of Brasília, Distrito Federal, at Setor Comercial Norte, Quadra 02, Bloco A, 13^th floor, enrolled with CNPJ/MF under No. 00.436.923/0001-90 (“Investor”), declaring that FUNCEF sold 679,400 shares issued by Gafisa, decreasing its participation to 4.85% of the total capital stock of the Company, equivalent to 20,998,600 common shares issued by the Company.

This new amount of shares no longer qualifies them as holding a significant stake in the Company’s total capital stock, under the terms of Article 12 of CVM Instruction No. 358/02.

São Paulo, January 10, 2013.

GAFISA S.A.

André Bergstein

Investor Relations Officer