Commercial & residential real estate prices in Brazil continue to plunge

Posted on Jan 04, 2017 11:25 AM EST
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Commercial & residential real estate prices in Brazil continue to plungemore big
Commercial & residential real estate prices in Brazil continue to plunge (Photo : Pixa Bay)

Commercial & residential real estate prices in Brazil continue to plunge

Commercial and residential real estate prices in Brazil continue to fall, and after ending 2016 5.5% lower than they did 2015, distressed asset lovers may find Brazil more interesting in 2017.

After a decades-long bubble for Brazilian real estate, the market is still in deflation mode, according to data from the Brazilian Institute for Geography and Statistics, or IBGE.

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