Brazilian Rental Prices Further on the Rise

The average price of housing rents rises for the fourth consecutive month and exceeds inflation, says Fipezap,

By Richard Mann, Contributing Reporter

RIO DE JANEIRO, BRAZIL - In April, the average rental price announced for new residential leases climbed five consecutive times, exceedingexpected inflation for the first four months of the year.

Fipezap research figures, released this Thursday (15th), show that from January to April, the average rent rose 2.5 percent - above the 2.09 percent of the Broad Consumer Price Index (IPCA).

The variation measured by the survey is based solely on advertised prices for new residential rental contracts - in other words, it does not take existing real estate rental contracts into account; these are usually . . .

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