Clipping of news on Brazilian Culture, Law and Citizenship
01/22/2013
This article was translated by an automatic translation system, and was therefore not reviewed by people.
The residential rents rose 7.96% in São Paulo in 2012, announced on Tuesday the union housing São Paulo (SP-Secovi). The percentage is less than half that recorded in the 12 months of 2011 and closely followed the IGP-M index (most commonly used to correct the leases), which stood at 7.82% in 2012.
For the union, the new contracts should follow the trend to follow the IGP-M this year. The trend toward smaller increase in the rate of correction in rents was seen in every month of 2012.
In December last year, just rent one bedroom properties had high (0.5%), while the others were flat.
Source: Journal of Brazil - Online
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This article was translated by an automatic translation system, and was therefore not reviewed by people.