By Nelson Belen, Contributing Reporter

RIO DE JANEIRO, BRAZIL - According to research conducted by FipeZAP Index, residential rental prices in Brazil continue to fall, registering a nominal decrease of -0.17 percent in October. This was the seventeenth month of negative movement in rental prices seen in Brazil in the last eighteen months.

The FipeZAP October rental index, tracked fluctuations in home and apartment prices advertised for rent in eleven Brazilian cities. The biggest price drop in rental prices in October was seen in Subscribe to our Premium Membership Plan. Already Subscribed? Login Here