JORNAL RT NEWS 3 EDIÇÃO RT NEWS 10 DE JANEIRO | Page 5
Edição 3 - Ano 2 - 1 0/01 /20 A 23/01 /20 - Direção Rogério Tomaz - Jornalista Responsável: Juliane Cristina dos Santos - MTB: 0083628/SP PG 05
What is the real estate market
forecast for São Paulo in 2020?
There is an
unshakable
certainty in the
economy: crisis
and euphoria are
over. This logic
holds true for the
housing market as
well, and the five-
year low is finally
over. According to
the Brazilian
System of Savings
and Loans
(SBPE), the
construction sector
moved R $ 57.7
billion in 201 8, an
increase of 33%
compared to 201 7.
In São Paulo
alone, the annual
survey of the
Housing Syndicate
(Secovi-SP), were
29,900 new units
built last year -
26.7% increase in
supply. Other
economic
indicators, such as
GDP and the Selic
rate, also show
positive data.
Brazil had a period
of sharp growth
between 2008 and
201 4, when property
prices soared. In the
state of Sao Paulo,
the increase was
200%. In Rio, almost
250%. This long
period of growth was
shaken by the late
reflection of a world
recession, which
resulted in real estate
stagnation. Banks
began a tight credit
crunch from 201 3,
cutting funding in half.
Last year, the
situation has
changed. According to
Secovi, cumulative
sales
of residential units
between June 201 8
and May 201 9 have
already reached 32.6
thousand, 1 9.4%
more than the
previous period.
These results already
exceed the total sales
of the year preceding
the record of the last
decade (2007-2008).
In other words, the
time to buy is now.
In other words, the
time to buy is now.
The Brazilian
economic scenario
suggests that the
201 9-2020 season
represents an
opportunity for buyers
to reach favorable
negotiations. For
tenants, this is the
last chance to get
contracts that favor
them, as the trend is
for the rent to rise. As
of June 201 9, real
estate fund investors
have accumulated an
8% increase in
average dividend
yield, according to
InfoMoney's survey
based on
Economatica data.
This benchmark
already exceeds the
CDI (with
accumulated change
of 6.35% in the last
year, until June), not
counting the benefit
of income tax
exemption on
dividends distributed.
Investors of this type
of fund also have
another advantage:
periodic income to the
shareholder, as this
category of
investment
distributes 95% of
half-yearly results.
The BC Fund, which
achieved the highest
dividend yelds rate in
the last period, was
up 1 7.78% in 1 2
months (up to
28/06/1 9). The niche
of micro-apartments
(units of up to 40
m2) remains heated
despite of
promotions seen in
201 8, when a
temporary bubble
occurred. Analysis of
the Zap Group,
which specializes in
real estate,
estimates that more
than 55,000 units of
this category were
launched between
201 3 and 201 9. The
heated economy
tends to bring
professionals (single
or young couples
without children) to
metropolises and it is
precisely in the big
cities where there is
a higher
concentration of
small apartments,
especially those up to 28 square meters. It is
a real estate movement that goes in the
same direction as overcrowded cities around
the world. This type of property also attracts
investors, who see possibilities for higher
returns when applying in the niche of micro-
apartments. Lower interest rates with the
return of credit to the market and higher
potential for profitability stimulate the search
for real estate as a form of investment. The
Getúlio Vargas Foundation (FGV) suggests
that housing demand in Brazil is 1 4 million
homes by 2025. With the economic recovery
still in the recovery stage, prices remain
inviting. These trends are corroborated by the
fall in the Selic rate (6.5% in 201 8), whose
decrease has a direct impact on real estate
credit supply, and controlled inflation - should
be within the target of 4.25%.
Expediente JORNAL RT NEWS CNPJ 22.876.697/000100
Direção Geral: Rogério Tomaz - Diretora Financeira Ester Tomaz - Diretor Comercial: Alexandre Linhares
Diretora de Parceria: Débora Pezzotti - Diretora de Produtos (Startup): Regiane Fazio - CRECI 1 42.246
Jornalista Responsável: Juliane Cristina dos Santos MTB: 0083628/SP - Cobrança e Jurídico: Drª Juliane Linhares
Colaboradores & Associados: São Paulo:Laercio Silva - Guarulhos:Jonas Leite Campinas:Regina Barbosa - São Bernardo
do Campo:Marlene Souza - São José dos
Campos:Thomaz de Assis - Santo André:Pedro Cunha - Ribeirão Preto:Sara Machado - Osasco:Robson Santo - Sorocaba:Wladmir Rosa - São José do Rio Preto : Val Max -
Mogi das Cruzes: Renata Aparecida - Santos:Marcos Paulo - Jundiaí:Mauricio Novais - Carapicuíba: Sandro Santos - Bauru:Tamires Ferreira - Itaquaquecetuba:Rogério Pereira
São Vicente:Leandro Martins - Praia Grande: Isabel Dias Guarujá:Ana Barbosa - Taubaté: Rogério Santo - Limeira: Paulo Ricardo - Suzano:Jose Rodrigues -Taboão da Serra:
Osmar Ribeiro - Sumaré: Monica Carvalho - Barueri: Raimundo Costa - Embu das Artes: Rosangela Buindchen São Carlos:Max Piere - Indaiatuba: Anderson Marques Cotia:
Reginaldo Nascimento - Americana:Paloma Nunes Marília: Paulo Andre - Itapevi: Ana Cristina - Araraquara: Erivaldo Estrada - Jacareí: Romolo Dias - Hortolândia: Matheus
Ricardo - Presidente Prudente: Jorge da Vila - Rio Claro: Conceição Barbosa - Araçatuba:Helena de Jesus Ferraz de Vasconcelos: Cristiano Klau - Santa Bárbara d'Oeste: Bete
Dias - Francisco Morato: Esther Brito Itapecerica da Serra: Sandro Ferreira - Itu:Carla Petrônio Bragança Paulista: Ivan Piccinin - Arujá:Willian Reis.