Brazilian housing market remains strong
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Contrary to the predictions of abrupt bubble bursts, Brazil’s housing market remains strong, with stable house price increases. Brazil’s composite FIPEZAP house price index rose by 12.7% (6.5% inflation-adjusted) during 2013 from a year earlier. In the fourth quarter of 2013, house prices increased by 3.5% (1.4% inflation-adjusted) from the previous quarter.
During 2013:
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