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New Property Listings and Sales Soar Across Brazil

By Nelson Belen, Contributing Reporter

RIO DE JANEIRO, BRAZIL - Despite the country's lingering economic recession and unstable political climate, Brazil's real estate market received some positive news this week showing that in the second quarter of 2018 new property listings and sales across the country have risen sharply, according to the Brazilian Chamber of Construction (CBIC).

Between April and July 2018, new units hitting the market across the country reached 25,483, an impressive 120 percent increase from the the first quarter of 2018, and a twenty percent increase over the same period in 2017.

With respect to . . .

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