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By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – The price increase per square meter of residential and commercial real estate in São Paulo and Rio de Janeiro registered a decline for the eleventh consecutive month in October, the lowest increase since 2008, according to the FipeZap Index, one of the main sources for the real estate market in Brazil. The price increase in São Paulo was of 0.3 percent, while in Rio de Janeiro the increase was of 0.35 percent.

The FipeZap Index which monitors prices of real estate in twenty Brazilian cities, still . . .

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