General Market Price Index (IGP-M)

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In the real estate market, the Selic Rate is important, especially in terms of credit. The higher the Rate, the lower the interest on credit, and the lower the Rate, the higher the interest on real estate credit.

We are currently experiencing a scenario with the lowest historical interest rate, the real estate market is very attractive, especially when it comes to purchasing properties through financing, on the other belarus telegram data hand the market is less attractive for renting properties.

Another important factor is that some sales contracts are linked to the basic interest rate, so it is extremely important that it is monitored at all times. You can monitor the interest rate through the Central Bank website.

The General Market Price Index or IGP-M is controlled by the FGV (Fundação Getúlio Vargas) and aims to measure inflation on certain products and services in the economy, the main one being: rental contracts.

As it is directly related to the rental area of ​​your real estate agency, you should analyze this Index periodically to make adjustments, remembering that adjustments are made according to the period of the previous 12 months.

National Market Construction Cost Index (INCC)
The National Construction Cost Index or INCC is also controlled by FGV (Fundação Getúlio Vargas) and as the name suggests, its purpose is to measure the cost of construction in the main capitals of Brazil.

This Index is directly related to the sales area of ​​your real estate agency, from the moment it makes the correction in the contracts of properties that are in the planning stage or new properties. To monitor both the IGP-M and the INCC, simply access the FGV website.