Tag: housing

RIO DE JANEIRO, BRAZIL - The 2021 rate more than doubled the 2020 figure (4.52%) and was well above the 3.75% target set by the Central Bank for the year, although the margin of tolerance had been established at...
RIO DE JANEIRO, BRAZIL - The Consumer Price Index (CPI) shows that last December the country registered an increase of 0.16% over November, reaching a cumulative annual increase of 0.90% compared to 0.67% in 2020. In December, the sector with...
RIO DE JANEIRO, BRAZIL - The record through September is 3.9 percentage points lower over the same period last year, said the National Statistics Institute (INE). In the quarter through August, unemployment stood at 8.5%. The figure between July and...
By Nelson Belen, Contributing Reporter RIO DE JANEIRO, BRAZIL – Residential rental prices in Brazil continued to show positive movement in January rising 0.41 percent. After December's rise of 0.38 percent, this was the second consecutive month rental prices outpaced...
By Jack Arnhold, Contributing Reporter RIO DE JANEIRO, BRAZIL – On Sunday, May 13th, a derelict former IBGE (Brazilian Institute of Geography and Statistics) building, located in Mangueira, in Rio’s Zona Norte (North Zone) was personally detonated by the Mayor...
By Nelson Belen, Contributing Reporter RIO DE JANEIRO, BRAZIL - According to the latest FipeZAP Index, which tracks residential real estate sale prices in Brazil's twenty biggest cities, prices remained relatively stable in June, registering a marginal decline of -0.15...
By Nelson Belen, Contributing Reporter RIO DE JANEIRO, BRAZIL - Conditions at Rio's Vila Pan-Americana (Vila do Pan), the residential apartment complex in Barra da Tijuca originally built for the athletes of the 2007 Rio Pan-American Games, has deteriorated significantly,...
By Nelson Belen, Contributing Reporter RIO DE JANEIRO, BRAZIL - According to the latest FipeZAP Index, which tracks residential real estate sale prices in Brazil's twenty biggest cities, prices remained relatively stable in April, registering a marginal decline of 0.01...
By Nelson Belen, Contributing Reporter RIO DE JANEIRO, BRAZIL - On Monday, March 20th, Carvalho Hosken, the construction company behind the Olympic Village in Barra da Tijuca, revealed that the athletes’ residences at the huge complex are currently undergoing a...

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