Home sales fell at the start of the year, but prices rose once again

Thursday, 23 April 2026RSS
Home sales fell at the start of the year, but prices rose once again

The average price in the first quarter of this year exceeded €3,200 per square metre. The price increase is due to a “structural shortage of supply, particularly in the intermediate segments of the market.”

Context & Explainers

Portugal’s house prices have risen faster than the EU average since 2020, and recent reports list Portugal among the countries with the largest price increases over that period. That stronger price growth has worsened affordability in Lisbon and Porto in particular, so prospective buyers and renters should check local indices and mortgage costs before deciding.

AI Summary AvailableNew construction prices hit record highs in PortugalRead the synthesized summary with context and explainers
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