Asking prices for residential property in Brazil rose 0.48% in October, and the average reached R$ 10,065 per square metre, according to Portas (Notícias) citing the FipeZap index.
Residential property prices in Brazil rose 0.48% in October, a slowdown from September's 0.58%, according to Portas (Notícias), which cites the FipeZap index. The monthly gain was above the IPCA-15 consumer inflation preview (0.32%) but below the IGP-M (1.47%). FipeZap tracks prices in property listings, so it does not necessarily reflect actual transaction values. From January to October, FipeZap is up 4.54%, versus 4.28% for the IPCA (calculated with data through September plus October's IPCA-15), a gap of 0.26 percentage points. The IGP-M is up 4.97% over the same period, 0.43 points ahead of FipeZap. Prices rose in 44 of the 56 cities monitored and in 19 of 22 capitals. Aracaju led the capitals in October (+1.99%), followed by Brasília (+1.85%) and Recife (+1.49%), while Curitiba (-0.43%), Belém (-0.59%) and Campo Grande (-1.72%) posted declines. For 2026 so far, Vitória leads with +12.27%, followed by Aracaju (+11.24%), Manaus (+8.88%), Brasília (+8.71%) and Fortaleza (+8.57%). Rio de Janeiro is up 4.99%, while São Paulo is up 3.00%, below both the estimated IPCA and the national FipeZap average; Curitiba shows a slight cumulative decline (-0.07%). The average asking price nationwide reached R$ 10,065 per square metre in October. Among capitals, Vitória had the highest average (R$ 15,938/m²), followed by Florianópolis (R$ 13,690/m²) and São Paulo (R$ 12,254/m²), while Aracaju had the lowest (R$ 5,992/m²).