House prices increased by 2.6% in the euro area and 3.8% in the European Union (EU) in the third quarter of 2024, with Portugal registering the second highest quarterly rise (3.7%).
Caixa Geral de Depósitos (CGD) foresees an increase in housing prices in 2025, due to high demand and still insufficient supply in the market.
The median housing prices increased by 6.6% in the second quarter of the year, now reaching 1,736 euros per square meter.
The median housing price rose from 2022 to 2023 by about 8.6%, to 1,611 euros/m2, with more significance in certain municipalities. Read the statistics more carefully next.
The average housing values in Portugal increased in the first quarter of 2024, in 14 of the 24 most populous municipalities. Read the numbers in the article.
The value of houses for sale in Portugal has increased by 6.5% in just one year. Check out the numbers and how to buy a house with the best proposal.