In the past 12 months, the change in real prices, discounting the National Cost Index
Construction (INCC) was 10.4% in São Paulo, almost triple the 3.2% growth
registered in the last month compared to December 2011. In ten years, the real increase has reached 44%.
For professionals of the entity, the concentration of releases properties of one to four
people in central districts of the city contributed to the continued rising prices in
throughout the year.
"Prices went up because there was a concentration of releases called the expanded center.
In this region, the land is more expensive because there is a greater number of firms per capita and a
greater concentration of structural axes [subway, for example]. So it has a great weight
this increase, "he said Celso Petrucci, chief economist at SECOVI.
The cost to build a house in the main city of the country are also other
justification for growing values of residential properties, since the construction
pass on all spending more on the consumer.
According to research, the average price per square meter floor area increased from U.S. $ 7.2 billion (in
2012) to £ 8200 (2013) (Photo: Image Bank / Think Stock)
According balance Embraesp (Brazilian Enterprise for Equity Studies), the average price of
per square meter floor area increased from U.S. $ 7.2 billion (in 2012) to U.S. $ 8.2 billion (in 2013) in Real Estate
vertical new in Sao Paulo.
The rise in prices has even generate a record of PSV (Value Sales) in St.
Paul. PSV marketed in the period January-September 2013 was £ 14.5 billion, the
best result among the first nine months since 2004. "Real estate prices are reaching
very high, and sometimes even prohibitive values, "added Emilio Kallas, Vice President of
real estate and urban land union.
The amount accumulated until last September, inclusive, is equivalent to the total
traded around the year 2012.
Also according to the SECOVI, the first nine months of 2013, 21,200 properties were launched,
amount 25% higher than the same period last year. The expectation is that 33 thousand units
be launched by the end of the year, mark above the historical average of 31,500 in the city.
Construction (INCC) was 10.4% in São Paulo, almost triple the 3.2% growth
registered in the last month compared to December 2011. In ten years, the real increase has reached 44%.
For professionals of the entity, the concentration of releases properties of one to four
people in central districts of the city contributed to the continued rising prices in
throughout the year.
"Prices went up because there was a concentration of releases called the expanded center.
In this region, the land is more expensive because there is a greater number of firms per capita and a
greater concentration of structural axes [subway, for example]. So it has a great weight
this increase, "he said Celso Petrucci, chief economist at SECOVI.
The cost to build a house in the main city of the country are also other
justification for growing values of residential properties, since the construction
pass on all spending more on the consumer.
According to research, the average price per square meter floor area increased from U.S. $ 7.2 billion (in
2012) to £ 8200 (2013) (Photo: Image Bank / Think Stock)
According balance Embraesp (Brazilian Enterprise for Equity Studies), the average price of
per square meter floor area increased from U.S. $ 7.2 billion (in 2012) to U.S. $ 8.2 billion (in 2013) in Real Estate
vertical new in Sao Paulo.
The rise in prices has even generate a record of PSV (Value Sales) in St.
Paul. PSV marketed in the period January-September 2013 was £ 14.5 billion, the
best result among the first nine months since 2004. "Real estate prices are reaching
very high, and sometimes even prohibitive values, "added Emilio Kallas, Vice President of
real estate and urban land union.
The amount accumulated until last September, inclusive, is equivalent to the total
traded around the year 2012.
Also according to the SECOVI, the first nine months of 2013, 21,200 properties were launched,
amount 25% higher than the same period last year. The expectation is that 33 thousand units
be launched by the end of the year, mark above the historical average of 31,500 in the city.
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