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.

Key information about House Prices Growth

• Portugal house prices grew 9.8% YoY in Sep 2024, following an increase of 7.8% YoY in the previous quarter.
• YoY growth data is updated quarterly, available from Mar 2010 to Sep 2024, with an average growth rate of 7.6%.
• House price data reached an all-time high of 13.2% in Jun 2022 and a record low of -8.3% in Jun 2012.

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.

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

Residential Property Prices in Portugal increased 16.29 percent in March of 2025 over the same month in the previous year. This dataset includes a chart with historical data for Portugal Residential Property Prices.

The Direct Real Estate Activities industry have come up against numerous headwinds in recent years, ranging from the COVID-19 outbreak in 2020 to the high base rate environment in the years since, which has inflated borrowing costs for potential buyers. This is a sharp contrast to the ultra-low interest environment seen over the decade following the 2008 financial crisis. Still, revenue is forecast to edge upwards at a compound annual rate of 0.6% over the five years through 2025 to €622.9 billion, including an anticipated rise of 0.8% in 2025. Despite weak revenue growth, profitability remains strong, with the average industry profit margin standing at an estimated 18.9% in 2025. Central banks across Europe adopted aggressive monetary policy in the two years through 2023 in an effort to curb spiralling inflation. This ratcheted up borrowing costs and hit the real estate sector. In the residential property market, mortgage rates picked up and hit housing transaction levels. However, the level of mortgage rate hikes has varied across Europe, with the UK experiencing the largest rise, meaning the dent to UK real estate demand was more pronounced. Commercial real estate has also struggled due to inflationary pressures, supply chain disruptions and rising rates. Alongside this, the market’s stock of office space isn’t able to satisfy business demand, with companies placing a greater emphasis on high-quality space and environmental impact. Properties in many areas haven't been suitable due to their lack of green credentials. Nevertheless, things are looking up, as interest rates have been falling across Europe over the two years through 2025, reducing borrowing costs and boosting the number of property transactions, which is aiding revenue growth for estate agents. Revenue is slated to grow at a compound annual rate of 4.5% over the five years through 2030 to €777.6 billion. Economic conditions are set to improve in the short term, which will boost consumer and business confidence, ramping up the number of property transactions in both the residential and commercial real estate markets. However, estate agents may look to adjust their offerings to align with the data centre boom to soak up the demand from this market, while also adhering to sustainability commitments.

Companies operating in the third-party real estate industry have had to navigate numerous economic headwinds in recent years, notably rising interest rates, spiralling inflation and muted economic growth. Revenue is projected to sink at a compound annual rate of 0.6% over the five years through 2025, including an estimated jump of 1.2% in 2025 to €207.6 billion, while the average industry profit margin is forecast to reach 35.1%. Amid spiralling inflation, central banks across Europe ratcheted up interest rates, resulting in borrowing costs skyrocketing over the two years through 2023. In residential markets, elevated mortgage rates combined with tightening credit conditions eventually ate into demand, inciting a drop in house prices. Rental markets performed well when house prices were elevated (2021-2023), being the cheaper alternative for cash-strapped buyers. However, even lessors felt the pinch of rising mortgage rates, forcing them to hoist rent prices to cover costs and pricing out potential buyers. This led to a slowdown in rental markets in 2023, weighing on revenue growth. However, this has started to turn around in 2025 as interest rates have been falling across Europe in the two years through 2025, reducing borrowing costs for buyers and boosting property transactions. This has helped revenue to rebound slightly in 2025 as estate agents earn commission from property transactions. Revenue is forecast to swell at a compound annual rate of 3.7% over the five years through 2030 to €249.5 billion. Housing prices are recovering in 2025 as fixed-rate mortgages begin to drop and economic uncertainty subsides, aiding revenue growth in the short term. Over the coming years, PropTech—technology-driven innovations designed to improve and streamline the real estate industry—will force estate agents to adapt, shaking up the traditional real estate sector. A notable application of PropTech is the use of AI and data analytics to predict a home’s future value and speed up the process of retrofitting properties to become more sustainable.

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

Portugal Facility Management in Commercial Real Estate Market valued at USD 2.5 Bn, driven by sustainability, urbanization, and tech advancements for efficient property management.

Zone 1, central business district Boavista, had the most expensive office real estate across the different submarkets in Porto, Portugal, in the second quarter of 2025. Occupiers paid a prime rental rate of 21 euros per square meter of office space in Zone 1, compared to 13 euros per square meter in Zone 7, Maia.

Portugal Real Estate Investment Market , Portugal Real Estate Investment Market Size, Portugal Real Estate Investment Market Trends, Portugal Real Estate Investment Market Forecast, Portugal Real Estate Investment Market Risks, Portugal Real Estate Investment Market Report, Portugal Real Estate Investment Market Share

In Portugal, foreign direct investment (FDI) increased during the period considered. In the first quarter of 2018, there were ***** million euros invested in the real estate sector by non-residents of Portugal. The year 2020 registered a decrease, with the lowest investment amount totaling ***** million euros. From then on, inward direct investment kept growing, with the second quarter of 2025 accounting for ****** million euros in real estate FDI.

Portugal Real Estate Portals and Digital Listings Market valued at EUR 1.5 billion, driven by digitization and online property searches in Lisbon, Porto, and Algarve.

In Portugal, the hospitality sector was responsible for the largest share of real estate investment in 2022, at ** percent. In the following year, hospitality continued to be the most relevant sector, with ** percent of investment, but it was followed by retail, with ** percent. In 2024, it was retail with the highest investment share, at ** percent.

Key information about Portugal Gold Production

• Portugal Real Residential Property Price Index was reported at 165.055 2010=100 in Sep 2024.
• This records an increase from the previous number of 158.609 2010=100 for Jun 2024.
• Portugal Real Residential Property Price Index data is updated quarterly, averaging 112.245 2010=100 from Mar 2000 to Sep 2024, with 99 observations.
• The data reached an all-time high of 165.055 2010=100 in Sep 2024 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]

Forecast: Production in Real Estate Activities Sector in Portugal 2024 - 2028 Discover more data with ReportLinker!

Real residential property prices Y-on-Y, percent change in Portugal, March, 2025 The most recent value is 13.72 percent as of Q1 2025, an increase compared to the previous value of 8.73 percent. Historically, the average for Portugal from Q1 1990 to Q1 2025 is 1.43 percent. The minimum of -11.2 percent was recorded in Q1 2012, while the maximum of 13.72 percent was reached in Q1 2025. | TheGlobalEconomy.com

Portugal - House price index was 16.30% in March 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 August of 2025. Historically, Portugal - House price index reached a record high of 16.30% in March of 2025 and a record low of -8.30% in June of 2012.

Forecast: Employment in Real Estate Activities Sector in Portugal 2024 - 2028 Discover more data with ReportLinker!

A buyer-facing comparison of four Portuguese locations showing an average price snapshot, buyer appeal, market tempo and helpful guides.