House prices in Brazil: FIPEZAP price index of real estate, Sao Paulo (August 2010=100)
House prices in Sao Paolo, Brazil
Our data for Sao Paolo are produced by the Institute of Economic Research Foundation - Fipe, a nonprofit private sector organization founded in 1973 to support the Economics Department of the School of Economics, Administration and Accounting of the University of Sao Paulo (FEA-USP) that has an important role in the development of economic and financial indicators in Brazil.
House prices in Sao Paolo, Brazil, % change 1 yr
Nominal and inflation-adjusted ('real')
Quarterly change in house prices, inflation-adjusted
| Q1 | Q2 | Q3 | Q4 | |
| 2025 | -0.99% | 0.08% | 0.81% | 0.41% |
| 2024 | -0.29% | 0.95% | 0.95% | 0.12% |
| 2023 | -1.02% | 0.61% | 0.62% | -0.13% |
| 2022 | -1.84% | -1.12% | 2.55% | -0.22% |
| 2021 | -0.79% | -0.72% | -1.99% | -2.00% |
| 2020 | 0.25% | 1.24% | -0.03% | -2.12% |
| 2019 | -0.72% | -0.09% | 0.07% | -1.23% |
| 2018 | -0.19% | -1.22% | -0.35% | -0.14% |
| 2017 | -0.58% | 0.06% | -0.20% | -0.78% |
| 2016 | -2.42% | -1.58% | -1.23% | -0.41% |
| 2015 | -2.20% | -1.57% | -1.12% | -2.69% |
| 2014 | -0.09% | 0.73% | 1.04% | -0.80% |
| 2013 | 0.66% | 2.04% | 3.09% | 1.58% |
| 2012 | 2.62% | 2.53% | 2.86% | 1.09% |
| 2011 | 3.27% | 6.32% | 4.92% | 3.48% |
| 2010 | 2.81% | 3.66% | 5.44% | 4.18% |
| 2009 | 2.80% | 4.54% | 4.62% | 3.66% |
| 2008 | 3.11% | 3.13% | 3.17% |
This table shows the change in house prices during a single quarter, adjusted for inflation.
Adjusting house price rises (or declines) for inflation produces a more accurate picture of the change in value of housing than the usual nominal figures cited in the newspapers.
Yearly change in house prices, nominal and inflation-adjusted
| Year | Inflation Adjusted | Nominal Change |
| 2025 | 0.29% | 4.57% |
| 2024 | 1.73% | 6.65% |
| 2023 | 0.07% | 4.69% |
| 2022 | -0.69% | 5.06% |
| 2021 | -5.39% | 4.13% |
| 2020 | -0.70% | 3.79% |
| 2019 | -1.96% | 2.26% |
| 2018 | -1.89% | 1.79% |
| 2017 | -1.50% | 1.40% |
| 2016 | -5.53% | 0.41% |
| 2015 | -7.38% | 2.51% |
| 2014 | 0.87% | 7.33% |
| 2013 | 7.55% | 13.91% |
| 2012 | 9.40% | 15.78% |
| 2011 | 19.21% | 26.96% |
| 2010 | 17.07% | 24.00% |
| 2009 | 16.55% | 21.56% |
This table shows how house prices have changed over each year. It compares the latest quarter or month of a given year with the same period the year before, so you can quickly see whether prices went up or down over that year.
