The average selling price of residential real estate in Brazil it rose 0.54% in the month of October, show data released this Wednesday (1st) by the FipeZap+ Index, which tracks the appreciation of home ownership in 50 Brazilian cities. There was an acceleration in relation to the September result, which increased by 0.45%.
The monthly increase was more significant in the sales prices of properties with just one bedroom (+0.59%), which contrasts with the relatively smaller increase in the value of units with four or more bedrooms (+0.35%).
With the variation, the indicator reveals that the rise in home prices remains well above inflation, which signaled a preview of 0.21% in October, according to the IPCA-15, from IBGE (Brazilian Institute of Geography and Statistic).
The index accumulates an increase of 5.24% in the last 12 months ending in October 2023, thus surpassing official inflation, measured by the IPCA, of 4.79%, in the same period.
Based on the sample of residential property advertisements for sale in October 2023, the average price per square meter calculated for the 50 monitored cities was R$8,666.
One-bedroom properties stood out for their relatively higher average sales price (R$10,235/m²), which contrasts with the lowest value among two-bedroom units (R$7,791/m²).
Among the 16 capitals monitored, Vitória (ES) presented the highest average value per square meter in the monthly sample (R$ 10,861/m²), followed by Florianópolis (R$ 10,658/m²), São Paulo (R$ 10,625/m²) , Rio de Janeiro (R$ 9,982/m²), Curitiba (R$ 8,993/m²) and Brasília (R$ 8,926/m²).
Comparatively, among the capitals monitored with the lowest average prices are Campo Grande (R$ 5,760/m²), João Pessoa (R$ 5,817/m²), Salvador (R$ 5,886/m²), Manaus (R$ 6,321/m²) and Porto Alegre (R$ 6,662/m²).
Source: R 7