The accumulated increase in the last 12 months ending in April reached 13.68%. This year alone, prices have already risen 6.26%
By Misto Brasil – DF
O value of rent in the Federal District recorded a decline of 0.39% in April. And the first negative record in almost a yearaccording to research by the QuintoAndar Wimoveis Rental Index.
A accumulated increase in the last 12 months ended in April reached 13.68%. This year alone, prices have already risen 6.26%.
The last time this happened was in June 2023. retraction movement can be seen as relief for tenants who have faced constant increases.
Read – in April, the DF had a historic increase in rent
Last month, the price per square meter was negotiated at R$45.85, on average.
Still according to the indicator, residents of Brasília have found space for negotiation. The data shows that the average discount for transactions made in April was 2.7% – 0.1 percentage point above that recorded in the same period last year (April 2023).
“Despite the reduction, it is crucial closely monitor the coming months to assess whether this trend continues or whether it is just a one-off adjustment. The real estate market is dynamic and susceptible to a variety of influences that can affect prices in the short and long term”, warns the platform’s data specialist, Pedro Capetti.
