Real Estate Loans Up Six Percent in Brazil in May

By Lauren Hogan, Contributing Reporter

RIO DE JANEIRO, BRAZIL - The volume of loans for the acquisition and construction of buildings is on the rise - reaching R$9.7 billion in May, an increase of six percent since April. According to the Brazilian Association of Real Estate and Savings (ABECIP), this is the second best result for a month of May in the past twenty years - a sign that Rio's real estate market should continue to stay strong . . .

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