The cost of housing in Brazil continues to decline, reports portal Global Property Guide .
In So Paulo, house prices fell 2.4% in the first quarter of 2019.
At the same time, Brazil itself is experiencing an improvement in economic conditions - the crisis in the country began in 2013, when the central bank raised key interest rates nine times to 11% in April 2014, which caused a sharp slowdown in economic growth.
Today, the cost of an apartment in Rio de Janeiro is about 4,370 dollars per sq.m.
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