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June Real Estate Sales in Rio de Janeiro Grow 40 Percent over May

RIO DE JANEIRO, BRAZIL - A survey conducted by Secovi Rio (Rio de Janeiro's Housing Union) shows that the city of Rio, particularly the real estate sector, is gradually rebounding from the economic impact caused by the novel coronavirus crisis.

The survey, which was based on Rio's City Hall data, shows that residential real estate sales grew some 41 percent in the capital, comparing the 2,145 units sold in June with May's 1,515.

The positive news spurred the market, which is facing a completely atypical scenario due to the financial collapse triggered by the Covid-19 . . .

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