Moody’s Forecasts Falling Housing Prices in 2021
25 November 2020 – Analysts at Moody’s are predicting that housing prices will fall by 2% in 2021 in the southern European countries most dependent on tourism, including Portugal. The credit rating agency also expects prices in Europe to rise further this year, even in the face of the pandemic and the economic crisis, but […]
New Rentals Increase by 3.8% in the First Half of the Year
24 November 2020 – Data from the National Institute of Statistics showed rent costs grew by 3.8% in the first half of 2020. The first semester of 2020 saw 74,088 new contracts, including 2,308 new leases in the Autonomous Regions. A total of 144,157 contracts were registered In 2019, a far cry from the 157,446 […]
Housing Prices Rise in Lisbon and Porto in the Third Quarter of the Year
11 November 2020 – The residential sales prices have continued to increase in Portugal’s two largest cities. Although there have been some signs of a slowdown in property price growth, the housing market is demonstrating resilience in the face of the pandemic. According to Confidencial Imobiliário’s Residential Price Index, residential properties in Porto rose by […]
Housing Prices in Portugal See the 5th Biggest Rise of the EU
10 November 2020 – Housing prices rose by 5.2% in the European Union (EU) and 5% in the euro area in the second quarter of 2020. According to Eurostat, even during the pandemic, Portugal posted the 5th highest increase in the European Union, as housing prices rose by 7.8%. Housing prices rose between April and […]