Home prices in Lisbon recover 22% in three years

Home prices in Lisbon recover 22% in three years

Published at: 2016-05-24 09:13 | Author: CIJ Portugal
The price of homes in Lisbon recovered 22 percent between the end of 2012 and the end of 2015. According to the Residential Price Index, the recovery of housing prices in Portugal has been underway for eight consecutive quarters. In 2015 alone, the index grew 11.9 percent compared to 2014, exceeding the already promising recovery of 7.5 percent recorded that year. This trend is also visible on home prices nationwide, although the pace is slower outside the capital. Having hit bottom in the 2nd quarter of 2013, the national average in Portugal ended 2015 5.3 percent up. More than half of this growth (2.9 percent) was achieved in 2015, a faster pace than the 2.3 percent growth achieved in 2014. Growth has continued into 2016, with prices rising an estimated 2.6 percent over the first two months of the year.

Similar Stories:

PEPCO OPENED A NEW STORE IN MILCOV SHOPPING CENTER FOCSANI
Activ Property Services brokered the lease of a 400 sq m space for the Polish retailer PEP  »
Belgrade’s residential market sees growth in 2018
Belgrade’s residential market is booming, with 15,672 apartments sold in 2018 and 4,478  »
Komandor building resi complex along Kotor Bay in Montenegro
Komandor is planning to develop a new residential complex in Kavac along Montenegro’s Ko  »
Instone sells rental portion of Bonn resi scheme
Instone Real Estate has sold the development’s rental flat contingent of 34 units overal  »
Czech Republic  ♦  Round Hill plots European growth
The buildings are located in Helsinki and in regional towns near the south of the country.   »
The 340 apartments, built in a total of nine buildings, have long since sold out as Slovak   »
Emotions are running high on the Romanian residential market where demand is outstripping   »
It’s part of the bargain struck with the city that helped it win the needed support for   »