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Rental Prices Register Further Declines in Rio de Janeiro

By Jay Forte and Ciara Long, Contributing Reporter

RIO DE JANEIRO, BRAZIL - The average residential rental price in Brazil fell by 0.11 percent in November this year, according to real estate price tracking firm FipeZap Index. The largest accumulated drop in the year, according to the survey, was registered by Rio de Janeiro with a decrease of 5.72 percent.

Across all eleven cities surveyed, rental prices fell 3.21 percent so far in 2016 and 3 . . .

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