House prices up 15.6% in the third quarter of 2018

The sale price of houses in Portugal registered an average rate of 15.6% in the quarter of 2018, according to data from Confidential Imobiliária, highlighting the growth in the metropolitan areas of Lisbon and Oporto.

According to the Residential Price Index of Confidential Imobiliária, which monitors the 277 countries in mainland Portugal, the results for the 2018 quarter show that "in about one-third (90) of the counties monitored by the index [...] the homologous effect remained above 10% and, in part, the indicator was published as an indicator of potentialities above the national average. "

In the Lisbon Metropolitan Area (AML), annual growth varies between 10% and 25% in different markets. In spite of a tendency to appreciate the sale of houses, there is a tendency to soften growth in Lisbon, Cascais and Oeiras, the markets with the highest price levels and where, nevertheless, valuation remains at very significant levels (18.6%, 24.9% and 16.7%, respectively).

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