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Speculators leaving Brazil property market

Nation's residential real-estate bubble may deflate slowly, rather than pop

[SAO PAULO] Brazil's residential real-estate bubble may deflate slowly, not pop, as speculators abandon the market and builders such as Rossi Residencial SA sell off less-profitable homes ahead of more lucrative sales.

Prices are levelling off this year, rising about one-third as fast as...

sentifi.com

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