Real Estate Market in Rio Sees Price Discounts

By Jay Forte, Contributing Reporter

RIO DE JANEIRO, BRAZIL - After years of tremendous surges in the Rio de Janeiro real estate values, 2014 has seen the market slow down, and the FipeZap Index recently reported both Rio and São Paulo only saw increases of 0.4 percent last month. The swing of supply and demand, and hesitancy of buyers in a year full of events, has lead to discounts of 10 to 20 percent according to . . .

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