House prices in Portugal “continue to rise above EU average”

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12 October 2017 17:01:05 Articles

It is “up, up, all the way”. House prices in the eurozone have increased 1.5% in the last three month period. In the EU as a whole they have risen 1.8% - but in Portugal the increase is much higher: 3.2% and rising. In what has been the eighth highest leap in the EU, this translates into an 8% increase on prices for the same three month period in 2016. As property website Idealista explains, this is a lot more than the equivalent increase for the eurozone (3.8%) or the EU (4.4%). Tweet Full article on House prices in Portugal “continue to rise above EU average”

Vice All News Time12 October 2017 17:01:05


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House prices in Portugal rise 7.5%

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Figures published last week by Halifax showed a rise in the house price index of 9.2 per cent annually. Analysts had projected a 9.0 per cent rise. Compared to the previous month, the average UK property price increased by 0.6 per cent in May, rebounding from a 0.8 per cent fall in April. Economists had expected a 0.4 per cent increase. On a quarterly basis, house pri­ces in the three months to May rose by 1.4 per cent. The gain was less than the 1.5 per cent increase in April and the lowest since Novem­ber 2015. “Low interest rates, increasing employ­ment and rising real earnings, continue... This article is part of our premium content. Full story is available on Times of Malta Premium.

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