Construction Output to Increase in 2022
Construction output is forecast at approximately 15.5 to 16 billion euros.
New Housing Construction Costs up 8.5% in November
The increase was 1.2 percentage points higher than in the previous month. According to the New Housing Construction Cost Index, released today by ...
Residential Development Down 17% in Portugal
Residential development slowed down throughout 2021, with a 17% drop in the number of dwellings submitted for licensing in Portugal. This figure stems from the Confidencial Imobiliário’s Real Estate Pipeline report, released today based on the energy pre-certificates issued by ADENE.
Euribor Rises at Three, Six and 12 Months
Euribor rose today at three, six and 12 months. The most commonly used in Portugal for mortgages, the six-month rate rose 0.007 points to 0.539%. The three-month Euribor rose to -0.570%.
