Love distressed assets? Head to Brazil in 2017 Prices across the nation continue to fall
Rio De Janeiro
Both commercial and residential real estate prices in Brazil ended 2016 5.5 percent lower than they did in 2015.
The Brazilian housing market is coming out of a decades-long bubble that still continues to deflate, according to data from the Brazilian Institute for Geography and Statistics cited by Fobers.
Average prices for residential real estate in Brazil grew 0.13 percent in December compared to November.
Prices for residential real estate fell by at least half a percent in cities like Rio de Janeiro on a month-to-month basis. T爱上海同城论坛
Prices in Rio de Janeiro fell over 2 percent over the last 12 months. [Forbes] Christopher Cameron
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