House rents rise 5.2% in August

The cost of housing rents per square meter increased by 5.2% in August compared to the same month in 2025. All regions recorded positive year-on-year growth, with Madeira seeing the highest increase at 6.9%.

The cost of housing rents per square meter increased by 5.2% in August compared to the same month in 2025. All regions recorded positive year-on-year growth, with Madeira seeing the highest increase at 6.9%.
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A Bank of Portugal study covering approximately 300 municipalities found that housing supply in Portugal fails to respond adequately to increases in demand, which drives up both purchase prices and rents. The study suggests that public policies should prioritize increasing the availability of housing stock.
INE data for the second quarter shows that median house selling prices rose in more than 90% of municipalities, with double-digit growth recorded in the majority of them.

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.