The sale prices of residential property in Brazil rose 0.60% in August, according to the FipeZap Index. Regarding comparison, the IGP-M presented deflation of 0.70%, while the previous consumer inflation (IPCA/IBGE) had a retreat of 0.73% in prices.
The index tracks residential property sales prices in 50 Brazilian cities. Of these, 45 showed an increase in value. Considering the 16 monitored capitals, only João Pessoa, in Paraíba, showed a drop in sales prices (-0.05%).
Among the other cities, the most noteworthy were Vitória (+1.88%), Manaus (+1.77%), Curitiba (+1.20%), Florianópolis (+1.19%), Belo Horizonte (+1.07%), and Maceió (+1.03%).
The average price for the 50 cities monitored by the index was R$8,166/m² (US$1,575/m²).
Among the 16 monitored capitals, São Paulo presented the highest average price per square meter in the period (R$9,991/m²), followed by Rio de Janeiro (R$ 9,824/m²), Vitória (R$ 9,707/m²), Florianópolis (R$ 9,227/m²), and Brasília (R$ 8,726/m²).
In contrast, the capital cities that presented the lowest average residential sales price in the month were Campo Grande (R$ 4,947/m²), João Pessoa (R$ 5,313/m²), Salvador (R$ 5,659/m²), Manaus (R$ 5,796/m²) and Goiânia (R$ 5,823/m²).
The values were calculated based on the sample of residential real estate advertisements put up for sale in August.
| City | August variation (%) | Variation in the last 12 months (%) | Average price (R$/m²) |
|---|---|---|---|
| IPCA | -0.73 | 8.32 | n/a |
| IGP-M | -0.70 | 8.59 | n/a |
| FipeZap index | 0.60 | 6.07 | 8,166 |
| São Paulo | 0.46 | 4.09 | 9,991 |
| Rio de Janeiro | 0.26 | 2.53 | 9,824 |
| Belo Horizonte | 1.07 | 6.76 | 7,476 |
| Brasília | 0.61 | 4.70 | 8,726 |
| Salvador | 0.82 | 6.29 | 5,659 |
| Fortaleza | 0.64 | 9.02 | 6,696 |
| Recife | 0.40 | 7.80 | 6,889 |
| Porto Alegre | 0.39 | 2.15 | 6,456 |
| Curitiba | 1.20 | 16.04 | 8,287 |
| Florianópolis | 1.19 | 13.14 | 9,227 |
| Vitória | 1,88 | 20.93 | 9,707 |
| Goiânia | 0.82 | 19.59 | 5,823 |
| João Pessoa | -0.05 | 11.62 | 5,313 |
| Campo Grande | 0.84 | 12.95 | 4,947 |
| Maceió | 1.03 | 14.47 | 6,803 |
| Manaus | 1.77 | 3.16 | 5,796 |
PARTIAL BALANCE OF 2022
From January through August, the index registered an accumulated high of 4.11%, higher than the inflation measured by IPCA/IBGE (+4.00%) but lower than the accumulated result by IGP-M (+7.63%).
ANALYSIS OF THE LAST 12 MONTHS
In the last 12 months, the index accumulated an advance of 6.07%, lower than the IPCA/IBGE (+8.32%) and the IGP-M (+8.59%).
Among the 16 capitals monitored, the largest price increases in the last 12 months were recorded in Vitória (+20.93%), Goiânia (+19.59%), Curitiba (+16.04%), Maceió (+14.47%), Florianópolis (+13.14%), and Campo Grande (+12.95%).
With information from Exame