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Brazil Real Estate Prices Down in August for 8th Consecutive Month

By Jay Forte, Contributing Reporter

RIO DE JANEIRO, BRAZIL - In the last twelve months prices have fallen 0.32 percent across Brazil while inflation rose 4.29 percent in the same period, according to the FipeZap Index which monitors the listing and sales values in twenty Brazilian cities.

Rio de Janeiro recorded a decrease of 0.19 percent, with a cumulative decline of -4.24 percent in the last twelve months, and a reduction of -2.65 percent in 2018.

The average selling price of residential real estate, was Subscribe to our Premium Membership Plan. Already Subscribed?

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