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Prices start the year stabilizing with monthly variation of 0.6%

Housing sales prices in mainland Portugal showed a monthly variation of 0.6% in January, thus continuing the slowdown trend in the chain increases observed throughout the second half of 2022.

After a period of strong monthly increases in the first half of last year, with prices almost always rising around 2.0% per month, since July the monthly increases have been losing intensity, remaining almost always below 1.0%, a behavior that the month of January came to consolidate.

What is the importance of this decline in the real estate market? Want to know, then contact us!