Brazil Residential Real Estate Shows First Increase in Almost Two Years

The latest FipeZap survey shows Brazilian residential real estate prices registering a nominal increase after almost two years, while commercial real estate continue its downward decline.

By Nelson Belen, Contributing Reporter

RIO DE JANEIRO, BRAZIL - According to the latest FipeZap Index, average residential rental prices in Brazil had a nominal increase of 0.17 percent in January 2017, not including inflation. This is the first increase the Index has registered in nearly twenty months.

As expected, to kick off 2017 both Rio de Janeiro and São Paulo led the ranking of cities with the most expensive residential rental prices . . .

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