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Rental Prices Down for First Time Since 2008 in Brazil

By Jay Forte, Contributing Reporter

RIO DE JANEIRO, BRAZIL - According to Fipe-Zap, for the thirteenth month in a row rental prices across Brazil rose well below the inflation rate, and in June rental rates actually went down. It is the first time this has happened since 2008 when the Fipe-Zap index was created, marking a turn-around from the rampant increases seen in the real estate boom years of 2009-2014.

In the nine Brazilian cities included in the index, June 2015 saw an average decrease of the rental housing prices by -0.57 percent in comparison to . . .

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