By Nelson Belen, Contributing Reporter

RIO DE JANEIRO, BRAZIL - Data from the latest Radar Abrainc-Fipe Index showed that, unsurprisingly, real estate activity plunged across Brazil in 2016. The latest report, released last week, showed that several indicators which comprise the Index fell to never-before-seen lows signifying an erosion of confidence among the country's potential homebuyers.

The Radar Abrainc-Fipe Index analyzes twelve categories, based on macroeconomic conditions, credit markets and Subscribe to our Premium Membership Plan. Already Subscribed? Login Here