Licensed construction projects have been decreasing for four consecutive quarters

The number of licensed and completed construction works in Portugal has fallen compared to the same period last year. However, the number of residential housing units approved saw a recovery in the second quarter of 2026.

Why it matters

This decline in overall construction permits signals a slowing market for new developments, which may continue to pressure housing supply and prices for those looking to buy or rent in the near term.

Expresso· 2mo agoRead original ↗

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