BUSINESSTHE RIO TIMES
Rio’s New-Build Home Prices Jumped Almost 70% in a Year
Prices of newly launched homes in Rio de Janeiro increased by 68.51% over twelve months, with an average launch price of about 19,445 reais per square metre. Resale home prices in the city rose between six to fifteen percent during the same period.
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Adjacent reporting
- China’s first-tier new home prices rise for third month as stabilising steps gain traction
- Hong Kong developers rediscover pricing power amid firmer demand
- Hong Kong developers rediscover pricing power amid firmer demand
- Rising secondary home prices in China’s major cities during April stoke hopes of stability
- Foreign Buyers Are Snapping Up Rio Studios, and Rents Are Climbing