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September 2017

House price inflat ion accelerates

  • House price growth indicator hits new record
  • Demand continues to outstrip supply
  • Sales expectations improve

Ricardo Guimarães

Director at Ci

“House prices are now growing in almost all municipalities. This is the major difference compared with before, when, at the same time, there were some markets seeing rising prices and others either stable or even with marginally negative trends. At the present, secondary markets are also positive. These locations are specially benefiting from stability in the economy and the banking system, supporting an increase on new lending activity.”

Simon Rubinsohn

Senior Economist at RICS

“The unemployment rate in Portugal has fallen 2% over the past year, representing one of the most significant declines amongst euro member states. Solid job creation continues to drive confidence higher, reflected in upbeat sales growth projections across the housing market.”