By Nelson Belen, Contributing Reporter
RIO DE JANEIRO, BRAZIL - According to the latest FipeZAP Index, which tracks residential real estate sale prices in Brazil's twenty biggest cities, prices remained relatively stable in June, registering a marginal decline of -0.15 percent compared to May.
The slight decline in June represents the fourth straight month of nominal decreases in the country's volatile residential real estate market, resulting in a total decrease of -0.23 percent in 2017.
In June, twelve of the twenty cities surveyed outpaced May's expected inflation rate of -0.15 percent, as measured by the . . .