Q2 2024: Portugal housing prices rise 7.8% YoY, transactions up 10.4%, marking first price increase in 2 years.

In Q2 2024, Portugal saw a 7.8% year-on-year increase in housing prices, with transactions up 10.4%, marking the first rise in two years, according to the National Institute of Statistics. Existing homes experienced an 8.3% price increase, while new homes rose by 6.6%. The total transaction value reached 7.9 billion euros, a 14.1% increase from 2023, driven by economic recovery and strong market demand.

September 20, 2024
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