Price of houses in Portugal rises as in any other EU country

by Andrea
0 comments
Price of houses in Portugal rises as in any other EU country

Price of houses in Portugal rises as in any other EU country

According to Eurostat, Portugal had the highest EU rise in the price of houses with 17.2% in the 2nd quarter. In 15 years, the prices of houses in national territory more than they doubled.

House prices increased 5.1% in the eurozone and 5.4% in the European Union (EU) in the second quarter compared to the same period. In relation to this period, Portugal registered the biggest advance: 17.2%.

According to the Eurostat on Friday, in chain variation, the indicator grew respectively, 1.6% and 1.7%.

Among the Member States, the Finland was the only country that registered a decrease Housing prices homologous in the second quarter of 2025 (-1.3%).

After Portugal (17.2%), the largest increases were in Bulgaria (15.5%) and Hungary (15.1%).

Also compared to the first three months of this year, the higher growth in housing prices was registered in Portugal (4.7%)followed by Luxembourg (4.5%) and Croatia (4.4%).

Prices more than double in 15 years

Os House prices more than doubled (141%) in Portugal between 2010 and 2025.

In another newsletter released by Eurostat, the European statistical service indicates that houses prices between 2010 and 2025 more than tripled in Hungary (277%) and Estonia (250%).

House prices doubled or more than duplicated in ten countries in the bloc: Lithuania (202%), Latvia (162%), Czech Republic (155%), Portugal (141%), Bulgaria (133%), Austria (117%), Luxembourg (112%), Slovakia (105%), Poland (104%) and Croatia (102%), with Croatia (102%) a Italy presenting the only retreat (-1%).

The Eurostat also states that, on the other hand, home rents in the European Union (EU) increased 3.2% in the second quarter compared to the same period, and 0.7% compared to the first three months of the year.

Compared to 2010, houses prices have increased more than rents in 21 of the 26 EU countries for which there are data available.

During the same period, leasing prices rose in 26 EU countries, and the highest increases were recorded in Estonia (218%), Lithuania (192%), Hungary (125%) and Ireland (117%), Greece was the only country where rent prices decreased (-9%).

In 2024, Hungary (12.4%) was the country where lace homologous most rose, followed by Romania (11.1%) and Malta (8.9%), with Portugal in the fifth place in the table (7.0%).

Source link

You may also like

Our Company

News USA and Northern BC: current events, analysis, and key topics of the day. Stay informed about the most important news and events in the region

Latest News

@2024 – All Right Reserved LNG in Northern BC