The Traderszone Network

Published in TZ Latest News 7 January, 2017 by The TZ Newswire Staff

Love distressed assets? Head to Brazil in 2017

Brazilian property values continue to plummet, meaning this year is the year to buy. 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. Analysts say the correction is due to a weak economy and high … [more]

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