Portuguese Housing Market Servey
About Portuguese Housing Market Survey
Portuguese Housing Market Survey (PHMS) is a market sentiment survey that keeps pace with market players expectations.
This is a joint initiative by Ci – Confidencial Imobiliário and RICS – Royal Institution of Chartered Surveyors.
Disclosed internationally through a bilingual monthly report, RICS Housing Market Surveys are references used by entities such as IMF and World Economic Forum as for controlling national market trends.
PHMS is based on the market players’ sentiment regarding housing sales and rental markets, with expectations indicators about:
- prices and rents
- demand and sales.
This survey follows a panel of developers and property brokerage firms in the regions of Lisbon, Oporto and Algarve.
PHMS finds a parallelism with other surveys that RICS performs in other countries, generating comparable results worldwide. In UK the Housing Market Survey is one of the most respected and influent sources of residential market. Used for forecasting, it’s often the first to identify changes in the market. Due to its credibility, it is used by Bank of England in decision-making about interest rates, namely by Monetary Policy Committee. It has a high impact in the press given the proven predictive power of change in prices and house demand
If you are a developer or mediator, integrate the panel of surveyed and benefit from a wide international dissemination of your business contacts.