Porto Alegre Rental Prices Soar 20% After Floods

In August 2024, rental prices surged across Brazil’s major cities, with Porto Alegre, the capital of Rio Grande do Sul, leading the pack with a remarkable increase. The city’s rental market has been significantly impacted by recent flooding events. According to the QuintoAndar/Imovel Web Rental Index, Porto Alegre’s 12-month accumulated price increase surpassed 20%. This […]