According to the INE, this “high rate of increase” is especially due to the behaviour of prices of ‘used’ (not new) housing, which over the year have continued to rise at a greater rhythm than those of new houses.
Rising to 31,535, the number of transactions has also grown in the period under analysis, now at 15.8% above that recorded in the 3rd trimester of 2015. House sales topped 3,600 million euros, 2,800 million euros referring to houses that are not brand new.
INE continued to reveal that the metropolitan area of Lisbon was ‘champion’ in sales, with 10,756 house sales–the highest value in the past six years.