Property market statistics
Latest articles about Property market statistics
Buying a home is getting more and more expensive, but property sales keep going up year after year; in 2018, the number of transactions grew between 15% and 20%, which means that about 180,000 properties were sold, 25,000 more than the previous year and an average of 500 per day.
The construction of new buildings in Portugal is growing at a rapid pace.
Good news for the Portuguese real estate market, which will continue to live good (or even better) times in 2019.
Renting an apartment in Lisbon is more expensive than it was a year ago, but the rise in prices is slowing down. In the second quarter of the year, rental prices in the Portuguese capital rose by 1.8% over the previous quarter and by 17% in counterpart terms.
Foreign investment in Portuguese properties has perked up, helping the recovery of the Portuguese real estate sector in recent years.
The luxury real estate market in Portugal continues to grow, under the gaze of domestic and foreign investors. According to the Luxury Estate web portal, average demand in this sector stood at almost three million euro in the first half of 2018.
Much has been said about the importance of foreign investment in the current dynamism of the real estate market in Portugal.
The price of houses is constantly rising in Portugal, with the increase in the national average being greater for used houses than new ones, despite the fact that new properties are also more expensive and are selling more and more.
Thirty years old, married or in a common-law union, with university-level education. This is the profile of those heading the search for houses in Portugal, according to the latest study from Century 21, "I Observatório da Habitação em Portugal”.
London’s got Soho, Lisbon has Príncipe Real. The most LGBTI-friendly district of the Portuguese capital attracts restaurants, shops and entertainment venues as well as residents and investors.
The sale price of houses in Portugal rose by 14.2% in March 2018 in comparison with the same month in 2017. We have to go back 26 years to the first quarter of 1992 to find a record of price evolution higher than the current one: that year, the year-on-year price development was 16.1%.
There is a new trend of foreign investment in the Portuguese real estate market that is beginning to gain ground. It comes from across the Atlantic, specifically from the United States of America.