By Jay Forte, Contributing Reporter

RIO DE JANEIRO, BRAZIL - The real estate market in Brazil saw staggering growth in the last seven years, and coupled with a national booming economy it looked like a positive trend. However most analysts, and certainly those hoping to buy or rent, have been waiting for a housing bubble to burst and for the last year many have urged caution.

Neil Shearing of Capital Economics said, "Good news remains thin on the ground in Brazil, but we take some comfort from the fact that the country . . .

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