Brazil tops list of non-US home shoppers in Miami

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House hunters from Brazil were second only to the U.S. among those searching for properties on in August, according to the 30,000-member Miami Association of Realtors (MIAMI).

France, which has held the top spot twice this year, fell to eighth. Other countries rounding out the top 10 sources of international traffic were Argentina, Colombia, Venezuela, Russia, Malaysia, Spain and the United Kingdom.

MIAMI has reached out extensively to Brazilian agents and buyers since 1996, the trade group said. MIAMI is the ambassador association for the National Association of Realtors to Brazil’s SECOVI-SP real estate conference and in August signed an agreement with the another real estate group in Brazil, the Balneario Camboriu Association (ACIBC), to share listings.

Source: Miami Association of Realtors