Brazil Residential Rental Prices Stable in May, Rising 0.03 Percent

Latest FipeZap Index shows Brazil residential rental prices stable from April to May, rising 0.03 percent, while locally, Rio de Janeiro average residential rental prices fell 0.64 percent.

By Nelson Belen, Contributing Reporter

RIO DE JANEIRO, BRAZIL - According to just-released data from the latest FipeZap Index, residential rental prices across Brazil's fifteen biggest cities remained relatively stable in May, rising 0.03 percent from the previous month, although well behind inflation.

Of the fifteen cities in the survey, eight cities registered an increase in May's average residential rental prices: São Bernardo do Campo, up 1.13 percent, Curitiba, increased 0.95 percent . . .

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