Estudos de mercado
Portugal Residential Market Dynamics, Q2 2024
Summary and analysis of Portugal's current residential real estate market conditions.
Agosto 06, 2024
Contributors:
- Joana Fonseca
- Manuela Chen
Structural imbalance between supply and demand as new building permits and units coming to the market still lag previous market cycles.
Steady demand over the first half of the year in Lisbon and an increase in volumes in Porto.
Residential sales values and rents still very resilient driven by the mismatch between supply and demand, flight to quality of new developments and scarcity of existing units which is driving further growth.