Portugal accumulated a housing deficit equivalent to 300,000 homes in four years
Between 2021 and 2025, Portugal faced a housing supply deficit equivalent to 300,000 homes, representing 6.6% of the country's total households. This analysis, cited from a Bank of Spain study and reported by the Financial Times, highlights that housing supply failed to keep pace with the rapid formation of new households, though the Bank of Portugal notes that supply and demand reached a more balanced state during 2025.

