Brazil Posts
World Beating Property Growth Again
Brazil's boom is fuelled by an extensive infrastructure programme
ahead of the 2014 FIFA World Cup and 2016 Olympics.
Not for the first time, Brazil is listing as the
world’s fastest growing property market according to Knight
Frank’s latest global property index. Brazil posted an impressive
18.4% second quarter growth compared to the same period in 2011 as a
national average, and this is against a 1.1% global average. Brazil was
already the star global performer achieving 26% annual property market
growth in 2011. These figures are almost double achieved by Austria and
Turkey this year.
The report continues to outline Europe’s struggling
property markets where demand is being hit hard by Europe’s economic
factors with a lack of finance, contracting job markets, high unemployment
and poor confidence. (Click Here
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Right now Brazil is once again posting record property
growth built on solid fundamental economic factors such as: immense
domestic demand for housing; a massively expanding economic middle class;
strong domestic production; low unemployment; and a very healthy economy,
at a time when much of the world is ....
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