São Paulo Property Up Almost Twenty Percent

By Anna Fitzpatrick, Contributing Reporter

SÃO PAULO, BRAZIL - While the rest of the world's housing market looks shaky, Brazil has been booming and new figures reveal that in São Paulo prices have risen by nearly twenty percent in the last year. A report published by the Global Property Guide last week shows a rise of 19.50 percent in advertised property prices during the year ending in the second quarter of 2011.

According to the report, only thirteen countries of the 39 surveyed saw any house price increases by the end of the second quarter, with Brazil . . .

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