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Economic Pulse Americas
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Ken McCarthy explains, recovery is slowly underway but it will take significant job growth, especially in the U.S., to spur the economy and real estate markets. Brazil is an exception: In Rio de Janerio, rents have soared by 60% this year so far and are expected to go higher. Mexico is stabilizing quickly and Canada, with its solid banking system and wealth of natural resources, is faring better than expected.
