The Residential Rental Variation Index (Ivar), monitored by the Brazilian Institute of Economics of the Getulio Vargas Foundation (FGV Ibre), experienced a deceleration in June, with a decrease of 0.48% compared to the previous month’s rate of -0.06%. This contributed to a 12-month accumulated rate of 7.96% in June 2023, down from 8.14% in May. […]
The roller coaster ride: Brazilian residential rents develop very differently depending on the city in June
