Based on the FIFE ZAP index that measures evolution in the selling prices of real estate in the city of São Paulo, we can see an increase of 5.2% in the period from January to July of this year. While the IPCA (Index that measures the evolution of consumer goods) of the same period was 3.76% and the IGPM (inflation index that measures different range of products and services) was 1.8%.
In other words we can say that the housing market is still a good investment.
The same does not occur in the rental market, since if we do the same analysis, its evolution over the period was only 1.4% from January to July for the city of São Paulo, in this case the value increased below inflation indicators proposed above.
In the Rio de Janeiro market, trends in the selling prices is in the same mood as São Paulo for the same period, being slightly higher, reaching a percentage of 5.6%, and well above indicators IPCA and IGPM, which were respectively 3.76% and 1.8%.
In the case of rental market, the price developments in the period from January to July was 6.3%.
The Rio de Janeiro market was leveraged by the worldcup, which brought great benefits to its real estate market, especially in the case of rents.
Source: http://www.zap.com.br/imoveis/fipe-zap/