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Real estate sales: South America versus Mexico

In 2010, South America was going through an economic boom thanks to increasing raw materials exports to China and the expansion of the middle class. According to the report Global Cities 2015, from the global real estate consultants Knight Frank, this recovery captured the interest of international real estate investors and sales took off. However, exports soon slowed down as China’s growth tapered off and long-term interest rates in the United States increased, resulting in a weakening of exchange rates and an outflow of capital from emerging markets. Consequently, real estate sales also suffered. According to Knight Frank, sales of […]
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