The gross income of real estate in Brazil has shown some fluctuations over the past years. For the year 2023, the income stood at 4.75 billion Brazilian Reals. Observing the year-on-year variations, we see that income experienced negative growth in 2015, 2016, and 2017, but began showing signs of recovery from 2018 onwards. Notably, there's a significant increase in 2019 with a positive trend. Despite a dip in 2020, the income trend picked up again in the subsequent years.
From 2021 to 2023, the market displayed positive yet modest growth. The average variation per year over the last five years (2019-2023) stands at a 2.02% CAGR. Future forecasts from 2024 to 2028 indicate a continuing growth trend, although at a slightly slower average rate of 0.86%, reaching a value of 5.02 billion Brazilian Reals in 2028.
Future trends to watch for include the impact of evolving economic policies, investment inflows, urban development projects, and macroeconomic stability which can significantly influence the real estate market's performance in Brazil.
