House prices up 14 percent

in News · 12-06-2018 08:37:00 · 1 Comments
House prices up 14 percent

The cost of buying a house in Portugal has risen by 14 percent in the space of just one year.

According to the Residential Price Index, this increase recorded during the first quarter of the year, is the biggest in 26 years.

The cost of housing has now climbed for 11 consecutive quarters, with urban areas seeing the biggest rises.

This latest increase, brings the average price of properties to above the highs recorded in 2007, shortly before the financial crisis.


Terrible news for all Portuguese Millenials without wealthy parents .

by Robert Knight from Other on 12-06-2018 09:49:00
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