Housing

House prices rose 18.4% in the second quarter, says INE

Statistics Portugal (INE) reported that median house prices increased by 18.4% in the second quarter of 2026 compared to the same period in 2025, reaching a median of 2,445 euros per square metre. While this represents a slight deceleration from the 19.8% annual growth recorded in the first quarter of 2026, prices actually accelerated in 10 of the country's 24 most populous municipalities.

Why it matters

If you are looking to buy a home, this data highlights the continued upward pressure on property prices across Portugal, despite a slight overall cooling compared to the previous quarter.

Observador· 2w agoRead original ↗

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Between July and September 2026, the average house price in Portugal reached 3,416 euros per square metre, an increase of 13.1% year-on-year, while the number of homes sold fell by 12.5% compared to the same period in 2025. In Lisbon, average prices hit 5,963 euros/m², and in Porto, they rose 14.7% to 4,382 euros/m².

Diário de Notícias· 16h agoRead original ↗

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House prices rose 60% more than wages since 2015. Nine times the EU average

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Diário de Notícias· 1d agoRead original ↗

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Housing

Fewer houses are being sold and prices continue to rise: what do the latest INE numbers tell us?

The median price of homes sold in Portugal rose by 18.4% in the second quarter of 2026 compared to the same period in 2025, reaching 2,445 euros per square meter. Despite this price increase across all regions, the total number of property transactions dropped by 9% year-on-year, according to data released by the National Statistics Institute (INE) on 23 October 2026.

SIC Notícias· 2w agoRead original ↗

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