By Lisa Flueckiger, Contributing Reporter
RIO DE JANEIRO, BRAZIL – Real estate in Rio has been skyrocketing for years, and despite a slowing in 2012 of purchase prices there is still plenty of speculation about how high the market can climb. Now, a series of negative economic factors and civil unrest seems to finally have had an effect.
According to FIPE-ZAP’s index, prices have increased 7.7 percent to purchase and 7.5 percent to rent an apartment since the beginning . . .