Rio Real Estate Balloon Continues

By Samindra Kunti, Contributing Reporter

RIO DE JANEIRO, BRAZIL - The Cidade Maravilhosa is already home to one of the world's richest real estate markets, and the sector keeps growing as, according to some reports, comparatively more units were sold in the first quarter of 2013. Amid fears of a bubble in the property market, price rates have however gradually stabilized, for the moment.

Prices in Rio vary greatly, but in the most sought-after neighborhoods, Leblon and . . .

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