By Nelson Belen, Contributing Reporter
RIO DE JANEIRO, BRAZIL - The average price of real estate in Brazil started 2019 in a decline, according to the latest FipeZAP Brazil Residential Sales Index. Considering inflation, real estate prices registered a real decrease of -0.25 percent in January, and a real decline of -3.7 percent over the last twelve months.
The new expanded FipeZAP Index tracks residential real estate prices across Brazil's fifty biggest cities.
Among the fifty cities to outpace January's rate of inflation of 0.38 percent, as measured by the IPCA/IBGE (National Consumer Price Index . . .