Houses. Prices will download already this year

February 26, 2019 Sol Sónia Peres Pinto Círculo da Inovação
February 26, 2019
Sol
Sónia Peres Pinto
Círculo da Inovação

After alarms sounded last year around real estate values, the market is expected to stabilize this year. 2008 represented a record year not only in the number of transactions but also in values. And if in 2017 had already spoken in "best year ever," in 2018 the goals have been overcome again. But now the opinion is unanimous with several leaders in the sector contracted by the SOL: "After the excesses that have been committed in the last year, the market is preparing to balance and there are owners that are already available to lower the prices of their homes, says Ricardo Sousa. Last year the number of transactions increased between 15% and 20%, according to APEMIP accounts

The Association of Professionals and Companies of Real Estate Mediation of Portugal (APEMIP) believes in a scenario of price reduction already this year.

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