The three-month variation of 5,9%, when compared to the 1% increase registered in the fourth trimester of 2024, steps back the trend registered in the last three years, marked by a slowdown in the price increase.

Besides, the valorisation had always stayed in positive values, in the first trimester of the year, “it has gone from an average three-month growth of 1,7% in 2022, to 1,5% in 2023 and 1,3% in 2024”.

The long-term impact on the prices in Lisbon “was evident”, since Lisbon went from an 11,7% increase in housing prices at the end of 2021, to a 5,5% increase by the end of 2024. With the registered variation in the first semester, the “same period last year increase accelerated to 8,6%, more than 3,1 percentage points, than the 5,5% registered observed in the fourth quarter of 2024.”

Within the Lisbon Metropolitan Area, “the capital registers a price increase superior to Cascais, Loures, Seixal and Odivelas.” However, there was still registered a lowest valorisation, when comparing Lisbon with the other municipalities. The biggest year-on-year increase, in the first trimester of 2025, was observed in Mafra (22,1%).

Even though the registered difference in the house prices increases in Lisbon, Confidencial Imobiliário still highlights the Lisbon’s prices, “with houses being sold, on average €5.038 per square metre, in the first trimester of 2025.”

In the first trimester of 2025, there were sold 2.800 houses in Lisbon, 5% less than the previous trimester, when 2.900 houses were sold. Nevertheless, the demand for buying a house in the capital are still above the registered demand in the same period last year (+32%).