Housing Index in Portugal increased to 258.78 points in the second quarter of 2025 from 247.05 points in the first quarter of 2025. This dataset provides - Portugal House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Residential Property Prices for Portugal (QPTN628BIS) from Q1 1988 to Q2 2025 about Portugal, residential, HPI, housing, price index, indexes, and price.

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 fourth quarter of 2024 at more than 250.8. The HPI for new dwellings was lower, but it also registered its highest figure in the same quarter at almost 194.6.

In the quarter ending December 2024, the house price index in Portugal was recorded at 235.68 points, having increased by nearly six index points from the previous quarter. That was the highest value over the period under consideration.

View quarterly updates and historical trends for Portugal House Price Index. Source: Eurostat. Track economic data with YCharts analytics.

House Price Index MoM in Portugal decreased to 4.70 percent in the second quarter of 2025 from 4.80 percent in the first quarter of 2025. This dataset includes a chart with historical data for Portugal House Price Index QoQ.

Key information about House Prices Growth

• Portugal house prices grew 17.2% YoY in Jun 2025, following an increase of 16.3% YoY in the previous quarter.
• YoY growth data is updated quarterly, available from Mar 2010 to Jun 2025, with an average growth rate of 10.4%.
• House price data reached an all-time high of 17.2% in Jun 2025 and a record low of -8.3% in Jun 2012.

House Price Index YoY in Portugal increased to 17.20 percent in the second quarter of 2025 from 16.30 percent in the first quarter of 2025. This dataset includes a chart with historical data for Portugal House Price Index YoY.

Portugal - House price index was 17.20% in June of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Portugal - House price index - last updated from the EUROSTAT on November of 2025. Historically, Portugal - House price index reached a record high of 17.20% in June of 2025 and a record low of -8.30% in June of 2012.

Key information about Portugal Gold Production

• Portugal Real Residential Property Price Index was reported at 181.864 2010=100 in Jun 2025.
• This records an increase from the previous number of 176.905 2010=100 for Mar 2025.
• Portugal Real Residential Property Price Index data is updated quarterly, averaging 81.938 2010=100 from Mar 2000 to Jun 2025, with 102 observations.
• The data reached an all-time high of 181.864 2010=100 in Jun 2025 and a record low of 80.037 2010=100 in Jun 2013.
• Portugal Real Residential Property Price Index data remains active status in CEIC and is reported by Bank for International Settlements.
• The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Real Residential Property Price Index: 2010=100: Quarterly. [COVID-19-IMPACT]

Portugal, Canada, and the United States were the countries with the highest house price to income ratio in 2024. In all three countries, the index exceeded 130 index points, while the average for all OECD countries stood at 116.2 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.

During the considered period, the commercial property price index in Portugal reached its lowest value in 2013 at *****. From then on, this index continuously rose, reaching ****** in 2024. This value was the highest during the period considered, with the base year 2015 equaling 100.

Hungary, Portugal, Czechia, and Poland were the countries in Europe where house prices increased the most between 2015 and 2024. The EMF house price index for all four countries measured more than *** 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.

Portugal - House price index (2015 = 100) was 17.20 % year-on-year in June of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Portugal - House price index (2015 = 100) - last updated from the EUROSTAT on December of 2025. Historically, Portugal - House price index (2015 = 100) reached a record high of 17.20 % year-on-year in June of 2025 and a record low of 6.60 % year-on-year in March of 2021.

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

Key information about Portugal Real Residential Property Price Index Growth

• Portugal Real Residential Property Price Index Growth was reported at 14.662 % in Jun 2025.
• This records an increase from the previous number of 13.720 % for Mar 2025.
• Portugal Real Residential Property Price Index Growth data is updated quarterly, averaging -10.286 % from Mar 2000 to Jun 2025, with 102 observations.
• The data reached an all-time high of 14.662 % in Jun 2025 and a record low of -11.200 % in Mar 2012.
• Portugal Real Residential Property Price Index Growth data remains active status in CEIC and is reported by Bank for International Settlements.
• The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Real Residential Property Price Index: 2010=100: Quarterly: YoY %.

Graph and download economic data for Real Residential Property Prices for Portugal (QPTR628BIS) from Q1 1988 to Q1 2025 about Portugal, residential, HPI, housing, real, price index, indexes, and price.

Portugal House Price Index: New data was reported at 99.600 2010=100 in Dec 2016. This records an increase from the previous number of 98.640 2010=100 for Sep 2016. Portugal House Price Index: New data is updated quarterly, averaging 96.300 2010=100 from Mar 2009 (Median) to Dec 2016, with 32 observations. The data reached an all-time high of 100.390 2010=100 in Jun 2010 and a record low of 88.760 2010=100 in Jun 2013. Portugal House Price Index: New 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: 388355397

Portugal, Italy, Ireland, Greece, and Spain were widely considered the Eurozone's weakest economies during the Great Recession and subsequent Eurozone debt crisis. These countries were grouped together due to the similarities in their economic crises, with much of them driven by house price bubbles which had inflated over the early 2000s, before bursting in 2007 due to the Global Financial Crisis. Entry into the Euro currency by 2002 had meant that banks could lend to house buyers in these countries at greatly reduced rates of interest.

This reduction in the cost of financing contributed to creating housing bubbles, which were further boosted by pro-cyclical housing policies among many of the countries' governments. In spite of these economies experiencing similar economic problems during the crisis, Italy and Portugal did not experience housing bubbles in the same way in which Greece, Ireland, and Spain did. In the latter countries, their real housing prices (which are adjusted for inflation) peaked in 2007, before quickly declining during the recession. In particular, house prices in Ireland dropped by over 40 percent from their peak in 2007 to 2011.

Portugal - House price index, deflated was 14.30% in June of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Portugal - House price index, deflated - last updated from the EUROSTAT on November of 2025. Historically, Portugal - House price index, deflated reached a record high of 14.30% in June of 2025 and a record low of -10.00% in March of 2012.