Residential property sales rise 18% in the 1st half of 2022 in the annual comparison

In the first half of 2022, the number of new properties sold in Brazil increased by 18% compared to the same period in 2021. In all, 87,655 units were sold in the first six months of the year. In addition, launches totaled 62,414 units, a volume that represents an increase of 3% compared to the first six months of 2021.

Data were collected from 18 companies associated with the Brazilian Association of Real Estate Developers (Abrainc), in partnership with the Economic Research Institute Foundation (Fipe).

The highlight is for medium and high standard projects. In the segment, the number of properties launched between January and June this year grew by 20% compared to the same range in 2021. Sales in this segment rose 103% in the period.

One of the reasons for this movement, according to the president of Abrainc, Luiz França, is the offer of real estate credit. “The volume of financing for new properties in the 1st half of this year grew 5% compared to the same period in 2021. Despite the rise in the Selic, which rose from 2% (2021) to 13.75% (August/22), the increase in the real estate financing rate was less than 2% per year”, stated França.

Another positive point is the cancellation/sales ratio, which ended the semester at 10.9% per year, the lowest since the beginning of the historical series started in 2014.

public housing

Although the country has a housing deficit of 7.8 million homes, France believes that measures implemented by the government throughout the year to encourage the Casa Verde Amarela program are proving important to guarantee access to decent housing for low-income families. income.

“The result of this is that sales in the 2nd quarter were 31% higher than those reported in the 1st quarter”, he explained.