Graph and download economic data for Real Residential Property Prices for Portugal (QPTR628BIS) from Q1 1988 to Q3 2024 about Portugal, residential, HPI, housing, real, price index, indexes, and price.

In Portugal, the average price per square meter of housing for rent was 15.5 euros in December 2023. The Lisbon region registered the highest value at over 18 euros per month. In April 2024, average prices increased in all regions, amounting to a national average of more than 16 euros per square meter. The Lisbon region continued to dominate, now with over 19 euros, while the Azores recorded the cheapest rental square meter price at 9.2 euros.

During the considered period, the house price index (HPI) in Portugal increased permanently both for existing and new dwellings, with the year 2015 equaling 100. HPI for existing dwellings reached its highest value in the second quarter of 2024 at more than 234.5. The HPI for new dwellings was lower, but it also registered its highest figure in the same quarter at almost 183.

In the quarter ending March 2024, the house price index in Portugal was recorded at 212.45 points, having increased by nearly one index point from the previous quarter. That was the highest value over the period under consideration.

House Price Index YoY in Portugal increased to 9.80 percent in the third quarter of 2024 from 7.80 percent in the second quarter of 2024. This dataset includes a chart with historical data for Portugal House Price Index YoY.

Residential property prices in Portugal continued their strong growth in 2019, increasing by more than eight percent year-on-year at the end of the year. An improving economy and low interest rates caused house prices in the Iberian country to grow since the end of 2014. For 2020, the original outset was that this trend would continue. Whether this has indeed happened, despite the coronavirus pandemic, is unclear as this figures are not yet available for Portugal.

Graph and download economic data for Consumer Price Index: Services Less Housing National Definition for Portugal (CPSELR02PTA661N) from 1991 to 2017 about Portugal, services, CPI, housing, price index, indexes, and price.

In Portugal, the average price of housing for sale was, in April 2024, 2,622 euros. The region with the highest average value was the Lisbon Metropolitan Area, at 3,644 euros per square meter. The Algarve followed, while the Central region recorded the lowest value, namely 1,448 euros.

House prices in Spain are forecast to fall in 2024, after increasing by 1.2 percent in 2023. Nevertheless, prices are expected to pick up in 2025, with an increase of one percent. The Portuguese housing market, on the other hand, grew by 5.5 percent in 2023, but was forecast to contract in the next two years.

Portugal House Price Index: Existing data was reported at 101.810 2010=100 in Dec 2016. This records an increase from the previous number of 100.570 2010=100 for Sep 2016. Portugal House Price Index: Existing data is updated quarterly, averaging 92.350 2010=100 from Mar 2009 (Median) to Dec 2016, with 32 observations. The data reached an all-time high of 101.810 2010=100 in Dec 2016 and a record low of 82.810 2010=100 in Mar 2013. Portugal House Price Index: Existing data remains active status in CEIC and is reported by Statistics Portugal. The data is categorized under Global Database’s Portugal – Table PT.EB004: House Price Index: 2010=100. Rebased from 2010=100 to 2015=100 Replacement series ID: 388355387

Graph and download economic data for Consumer Price Index: OECD Groups: Housing: Housing Excluding Imputed Rentals for Housing for Portugal (PRTCPGRHO02GPQ) from Q2 1991 to Q4 2023 about imputed, Portugal, rent, CPI, price index, indexes, and price.

Portugal - Housing cost overburden rate: First quintile was 16.90% in December of 2023, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Portugal - Housing cost overburden rate: First quintile - last updated from the EUROSTAT on March of 2025. Historically, Portugal - Housing cost overburden rate: First quintile reached a record high of 33.10% in December of 2014 and a record low of 14.40% in December of 2020.

In 2023, three quarters of respondents in Portugal reported being negatively impacted by the rising house prices, while 10 percent claimed to benefit from them. The rising interest rates worried 55 percent of interviewees, preventing almost 24 percent of them from buying a house. Furthermore more than 60 percent of respondents stated that they were not financially able to buy or restore a house.

Graph and download economic data for Harmonized Index of Consumer Prices: Services for the Maintenance and Repair of the Dwelling for Portugal (CP0432PTM086NEST) from Jan 1996 to Jan 2025 about Portugal, repair, maintenance, harmonized, services, CPI, housing, price index, indexes, and price.

Portugal, Canada, and the United States were the countries with the highest house price to income ratio in 2023. In all three countries, the index exceeded 130 index points, while the average for all OECD countries stood at 117.5 index points. The index measures the development of housing affordability and is calculated by dividing nominal house price by nominal disposable income per head, with 2015 set as a base year when the index amounted to 100. An index value of 120, for example, would mean that house price growth has outpaced income growth by 20 percent since 2015. How have house prices worldwide changed since the COVID-19 pandemic? House prices started to rise gradually after the global financial crisis (2007–2008), but this trend accelerated with the pandemic. The countries with advanced economies, which usually have mature housing markets, experienced stronger growth than countries with emerging economies. Real house price growth (accounting for inflation) peaked in 2022 and has since lost some of the gain. Although, many countries experienced a decline in house prices, the global house price index shows that property prices in 2023 were still substantially higher than before COVID-19. Renting vs. buying In the past, house prices have grown faster than rents. However, the home affordability has been declining notably, with a direct impact on rental prices. As people struggle to buy a property of their own, they often turn to rental accommodation. This has resulted in a growing demand for rental apartments and soaring rental prices.

Hungary, Czechia, Poland, and Portugal were the countries in Europe where house prices increased the most between 2015 and 2024. The EMF house price index for all three countries measured more than 200 index points, indicating that home prices more than doubled since 2015 - the base year. Property prices are tightly connected with the supply of new homes. France, Poland, and Denmark are some of the countries with the most dwellings completed per 1,000 citizens in Europe.

PT: House Price Index data was reported at 228.890 2015=100 in Sep 2024. This records an increase from the previous number of 220.740 2015=100 for Jun 2024. PT: House Price Index data is updated quarterly, averaging 109.230 2015=100 from Mar 2008 (Median) to Sep 2024, with 67 observations. The data reached an all-time high of 228.890 2015=100 in Sep 2024 and a record low of 92.250 2015=100 in Jun 2013. PT: House Price Index data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s Portugal – Table PT.Eurostat: House Price Index: 2015=100.

Portugal - Housing cost overburden rate: Below 60% of median equivalised income was 18.80% in December of 2023, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Portugal - Housing cost overburden rate: Below 60% of median equivalised income - last updated from the EUROSTAT on March of 2025. Historically, Portugal - Housing cost overburden rate: Below 60% of median equivalised income reached a record high of 33.70% in December of 2014 and a record low of 15.90% in December of 2010.

Portugal - Housing cost overburden rate: Three or more adults was 1.30% in December of 2023, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Portugal - Housing cost overburden rate: Three or more adults - last updated from the EUROSTAT on March of 2025. Historically, Portugal - Housing cost overburden rate: Three or more adults reached a record high of 4.40% in December of 2015 and a record low of 1.10% in December of 2020.

Boligprisene i Portugal økte med 9,79 prosent i september 2024 sammenlignet med samme måned året før. Gjeldende verdier, historiske data, prognoser, statistikk, diagrammer og økonomiske kalender - Portugal - Priser for boliger.