FipeZap: property prices rose 0.53% in November; See the most expensive square meter cities | Economie

The selling price of residential properties registered a new 0.53% increase in November, according to the FipeZap Index released on Wednesday (1). Last month, the increase was 0.43%..

The rise calculated by the FipeZap index in November should be less than the expected advance of the expanded national consumer price index (HICP). According to Focus Bulletin, from central bankInflation should have risen by 1.03% last month.

In the cumulative result for the year, residential real estate prices rose by 4.78%, lower than the expected inflation rate for the period (9.35%).

In November, most capitals monitored by the FipeZap index saw an increase in the average real estate sale price. The exception is Salvador (BA), with a decrease of 0.11%. The largest increases were observed in Maceió (1.63%), Brasilia (1.46%) and Curitiba (1.45%).

In 12 months, FipeZap is up 5.27%, while inflation expectations are 10.83%.

Among the capitals, the survey showed that the price per square meter was most expensive in São Paulo (R$9,673), Rio de Janeiro (R$9,631) and Brasilia (R$8,743).

On the other hand, the lowest values were observed in Campo Grande (4,530 BRL), Joao Pessoa (4,849 BRL) and Goiania (5,057 BRL).