top of page

Prediction on the housing market in Portugal

jeluis45

The inflation rate in Portugal reached 5.3% in March, a figure that has not been part of the memory of the Portuguese for almost three decades. This escalation will have repercussions in the medium term on house prices, which have continued to rise since the troika left the country. Last year alone, housing increased by 9.4%. In the construction sector, the shadow of inflation has been felt particularly in energy and raw materials, in addition to the difficulties in hiring labour. This context, which worsened with the war in Ukraine, translates into "a sharp rise in construction prices", leading the industry to "slow down" activity, "decreasing supply in the medium term and contributing to a new rise the prices of the existing housing stock", says economist Pedro Brinca.



Source: " Jornal O Público"

48 views0 comments

Recent Posts

See All

Comments


property for sale in the silver coast, portugal
farms for sale silver coast portugal
house to buy in Serra do Bouro, portugal

Portugal properties
 

atlantic.destinations.lda@gmail.com

Phone: + 351 961 809 657

© 2022 by Atlantic Destinations, Lda

  • Blogger

Enquiry form

Thanks for submitting

bottom of page