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Construction Costs Double in Brazil, Forcing Sector Innovation

Summary by The Rio Times
Brazil’s construction sector faces mounting cost pressures as the National Construction Cost Index (INCC-M) doubled to 6.85% annually through January 2025, per FGV data. Affordable housing developers grapple with 8.56% annual labor cost jumps and 5.34% material inflation under the Minha Casa Minha Vida program’s R$350,000 ($56,000) price cap, slashing margins to 8-10% from historical […]

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Globo broke the news in Brazil on Monday, February 3, 2025.
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