Housing Prices Slow Down in Portugal
14 Articles
14 Articles
Sapo
In the first three months of this year, the Housing Price Index (IPHab) had recorded the first deceleration in almost two years, since the second quarter of 2024.
In the second quarter of this year, 40,142 housing units were traded for a total of EUR 10.7 billion.
INE index for house prices, at national level, points to a 16.5% homologous increase, a slowdown compared to 17.8% in the previous quarter (also in homologous terms).
Despite the rise, house prices have slowed for two quarters. Sales fell 6.4%, but the value of transactions increased and reached 10.7 billion euros in the second quarter.
The price of housing in Portugal continues to rise, but the rise lost strength between April and June. Prices rose 16.5% compared to the same period last year, according to data released by the National Institute of Statistics (INE).
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