Housing
Cooling trend? High interest rates, rising supply, and tighter credit put the brakes on soaring house prices
INE data shows house price growth slowed to 16.5% year-on-year in the second quarter, down from 18.9% at the end of 2025, while transaction numbers fell and construction costs rose 7.2% in June. Meanwhile, eXp Portugal estimates housing stock grew by 5.1% over the summer, adding 6,613 properties to reach 137,240 available homes, led by increases in Braga, Vila Real, and Viseu.
Why it matters
If you are looking to buy a home, the frantic pace of price growth is slowing down and more properties are coming onto the market, though prices themselves are not expected to drop.ObservadorRead original ↗
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