By Nelson Belen, Contributing Reporter
RIO DE JANEIRO, BRAZIL – According to the latest FipeZAP Index, which tracks real estate prices in Brazil’s twenty biggest cities, prices in Brazil's residential real estate sales market registered a slight decline in July of -0.15 percent.
July's marginal decline represents the fifth consecutive month of nominal decreases in the country’s volatile residential real estate market, resulting in a cumulative decline of -0.38 percent in 2017 so far. That figure is also below the rate of inflation for the period, as measured by the IPCA/IBGE (National Consumer Price . . .