By Kendall Clark, Contributing Reporter

RIO DE JANEIRO, BRAZIL - Real estate growth experienced a downturn for the ninth consecutive month across Brazilian cities, falling for the first time below ten percent growth since 2012. According to an index calculated by FipeZap, the main data source of the Brazilian real estate market, the price per square meter of residential and commercial properties has remained at 9.9 percent during the past twelve months.

The index revealed Rio de Janeiro continuing to be the Subscribe to our Premium Membership Plan. Already Subscribed? Login Here