House prices in Portugal show highest quarterly rise in 26 years

Paul Rees 11 June 2018

apartments The price of homes in Portugal rose 14.2% in the first quarter of 2018, compared to the same period last year.

This rise is the largest quarterly rise since 1992 when the price index rose 16.1% over the first quarter of 1991.

This latest statistic came from an analysis of "actual transactions prices captured in Sistema de Informação Residencial," and was published by Confidencial Imobiliário in its latest Private Housing Index.

Comments

0 #5 Housesitter 2018-06-12 21:25

Then why can't i sell my house, listed with 5 of the top agencies, and on the internet, zero interest although all of my 10 apartments sold within days of being listed, the hype doesn't match reality, i hope the bubble doesn't burst just yet.

0 #4 Margaridaana 2018-06-12 19:18

Totally unbelievable.

+1 #3 mj1 2018-06-12 17:31

makes up for the losses some I know took of up to 50 percent after the "crise"

+2 #2 livaboard 2018-06-12 09:35

Asking prices may not have risen as much as statistics suggest, because a lot of high priced properties that have been on the books for a decade are now changing hands.
Still, the numbers indicate a dangerous level of heat in the Portuguese property market.

+3 #1 Lilian 2018-06-12 08:35

They may have in the Algarve but in Central and Northern Portugal the prices are stagnant.

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