The price of residential properties for sale in the country ended October with an increase of 0.59%, according to data from the FipeZap Index.
The result is well above the consumer inflation forecast given by IPCA-15/IBGE, which registers an appreciation of 0.16%.
The index monitors the average property price advertised for sale in 16 capitals.
Prices rose in 14 capitals: Vitória (3.05%); Manaus (2.02%); Goiânia (1.59%); Recife (1.32%); Maceió (1.30%); Florianópolis (1.15%); Campo Grande (0.83%); São Paulo (0.73%); Curitiba (0.70%); Belo Horizonte (0.64%); Porto Alegre (0.57%); Fortaleza (0.56%); João Pessoa (0.35%); and Rio de Janeiro (0.09%).
In the last 12 months, real estate prices in the capitals rose an average of 6.41%, lower than the expected IPCA behavior for the period (5.54%).
AVERAGE PROPERTY PRICES
In October, the average sales price for residential properties was R$8,262 (US$1,615) per square meter.
Among the capital cities, the highest average prices were found in São Paulo (R$10,129/m²), Vitória (R$10,092/m²), and Rio de Janeiro (R$9,852/m²).
Among the cities with the lowest average sales prices are Campo Grande (R$4,991/m²), João Pessoa (R$5,362/m²), and Salvador (R$5,679/m²).
| City | Variation in October (%) | Variation in the last 12 months (%) | Average price (R$/m²) |
|---|---|---|---|
| Goiânia (Goiás) | 1.59 | 20.12 | 5,992 |
| Recife (Pernambuco) | 1.32 | 9.34 | 7,037 |
| Florianópolis (Santa Catarina) | 1.15 | 12.64 | 9,417 |
| São Paulo (São Paulo) | 0.73 | 5.11 | 10,129 |
| Curitiba (Paraná) | 0.70 | 14.69 | 8,373 |
| Belo Horizonte (Minas Gerais) | 0.64 | 7.35 | 7,600 |
| FipeZap Index | 0.59 | 6.41 | 8,262 |
| Porto Alegre (Rio Grande do Sul) | 0.57 | 2.44 | 6,505 |
| Fortaleza (Ceará) | 0.56 | 8.55 | 6,762 |
| IPCA | 0.16 | 5.54 | — |
| Rio de Janeiro (Rio de Janeiro) | 0.09 | 2.48 | 9,852 |
| Brasília (Federal District) | -0.01 | 3.95 | 8,779 |
| Salvador | -0.10 | 6.64 | 5,679 |
| IGP-M | -0.97 | 6.52 | — |
With information from Exame