What is the outlook for real estate in leading markets in Latin America and the Caribbean? The experts at NAI Global have provided Latin Business Chronicle with this exclusive analysis of Brazil, Mexico, Argentina, Panama, Chile, Venezuela and The Bahamas.
2007 and 2008 were years of euphoria for the Brazilian real estate market due to the economic growth of the country and of the easy credit. The prices stayed very high. However, a slight decrease in prices for 2009 is expected, as a consequence of the world crisis. The overall business consensus is that the property market will continue growing but at a slower rate, decreasing less than 10 percent. The increase in...
Keywords: Argentina, Bahamas, Brazil, Chile, Mexico, Panama, Venezuela