By Georgia Grimond, Senior Contributing Reporter
RIO DE JANEIRO, BRAZIL – The FipeZap Index, which measures the changes in price of property in twenty cities across Brazil, has released its monthly figures which show that in November the market largely remained stable, with a drop of only 0.05 percent. However, the average price per square meter of properties advertized for sale in Brazil between January and November this year presents a real decrease of 7.44 percent after inflation is taken into account.
According to the IBGE (Brazilian Institute of Geography and Statistics), the rate of inflation for the period . . .