RIO DE JANEIRO, BRAZIL - One month after the enforcement of social isolation as a measure to prevent coronavirus (Covid-19), residential property prices have increased in the country. Data from the FipeZap index show a 0.20 percent increase in April.
As a result, the average cost per square meter in 50 Brazilian cities stood at R$7,28. The market's behavior followed the trend of recent months. From January to April, property prices accumulated a nominal high of 0.69 percent. But could the increase continue?
The economic crisis, the rise in unemployment and the loss of consumer . . .