Are Brazilians Still Buying—or Not?

MIAMI—Once again, Brazil leads all foreign countries searching for South Florida real estate on the Miami Association of Realtors website in February 2015. The South American country, which topped all global consumers searching Miamire.com in the same period last year, regularly ranks among Miami’s top foreign buyers.

Here are some quick stats: Brazilians registered 11% of all South Florida international real estate deals in 2014, according to a recent report conducted by the National Association of Realtors. Brazil had the third-most property transactions in Miami and Broward Counties among all global consumers, trailing only Venezuela (16%) and Argentina (12%).