Last year, the average increase in prices for existing homes (18.9%) exceeded that for new homes (14.2%).
According to INE, 169,812 homes were sold in 2025, representing an 8.6% increase over the previous year and the highest figure on record.
In the fourth quarter of 2025, 43,084 homes were sold, corresponding to a year-over-year decrease of 4.7% (a 3.8% change from the previous quarter) and a quarter-over-quarter increase of 1.4%.
Between October and December 2025, the value of homes sold totaled 10.8 billion, up 5.9% compared to the same period in 2024.
In 2025, 8,471 homes were purchased by buyers residing outside Portugal, for a total of 3.4 billion euros.
Greater Lisbon, with a total of 12.4 billion euros, accounted for 30.1% of the value of housing transactions carried out in 2025; however, it was the region with the largest decrease in its relative share compared to 2024 (-2.1 percentage points).
In 2025, with the exception of the Autonomous Region of the Azores and the Autonomous Region of Madeira, the other regions recorded increases in both the number and value of housing transactions compared to the previous year.
Image credits: © Towfiqu Barbhuiya | Unsplash
Translated with DeepL.com (free version)
