Inflation-adjusted house prices in Portugal rose by 15.2% in early 2026, topping global rankings as demand continues to outpace limited supply. Meanwhile, banks granted 2.3 billion euros in new home loans during July, even as rising interest rates make monthly mortgage payments more expensive for many households.
Portugal records highest house price growth in Europe

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.







