Residential Rental Prices in Brazil Decline Slightly in July

Of the fifteen cities surveyed, Rio de Janeiro rental prices showed the biggest drop in July declining -1.21 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 showed a marginal decline of 0.21 percent in July. Rio de Janeiro showed the biggest drop in the survey with rental prices declining -1.21 percent.

Coming in a close second to Rio de Janeiro was Goiânia, which declined -1.15 percent followed by Campinas which saw rental prices decline -0.54 percent.

Of the fifteen cities in the survey, eight registered slight increases in July’s average residential rental . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?