Property Market up 29% in Portugal

The third quarter Housing Price Index (HPI) of 2018 grew by 8.5% compared to 2017, however, it is 2.7% lower than the second quarter of 2018.

Forty-five thousand nine hundred thirty-five (45.935) properties were sold between July and September 2018. It represents an increase of 18.4% compared with the same period last year and 0.7% more than the second quarter 2018.

The property market in Portugal up 29% to 6.3 billion euros in the third quarter of 2018 due to increasing prices and a rising number of transactions.

21st of December 2018