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In 5 years, the cost of building a house in Brazil has increased by almost 50%

RIO DE JANEIRO, BRAZIL - The cost per square meter of building a house in Brazil has increased by almost 50% in the last five years.

Data from Sinapi (National Research System of Costs and Indices in Construction) show that the average value of the square meter of a building increased by 47.43% from the end of 2016 to the end of 2021, from R$1,027.30 to R$1,514.52 (US$273). During the same period, the cumulative inflation was 28.15%.

The values take into account expenditures for labor and materials. Costs for land, projects, and . . .

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