Lisbon, Dec. 23, 2025 (Lusa) - The housing price index in Portugal rose 17.7% in the third quarter, accelerating 0.5 percentage points compared to the previous three months, with €10.5 billion traded, the National Statistics Institute (INE) announced on Tuesday.

According to INE, prices for existing homes rose 19.1% and new homes 14.1% between July and September.

Compared to the previous three months, the Housing Price Index (IPHab) rose 4.1%, against 4.7% in the previous quarter, with existing homes rising 4.5% and new homes rising 2.9%.

Between July and September, 42,481 homes were sold, worth €10.5 billion, representing slowdowns of 15.5% and 30.4% compared to the previous quarter, respectively.

The value traded was 16% higher than the accumulated value for the same period last year.

In the third quarter of this year, existing homes accounted for the majority of transactions (80.5%), totalling 34,208 units, up 5.9% compared to the same period in 2024. In turn, the 8,273 new homes represent a year-on-year reduction of 3.8%.

Compared to the same period in 2024, the value of existing housing transactions grew by 21.1% in the third quarter to around €7.8 billion, while the value of new housing transactions reached €2.7 billion, a year-on-year increase of 3.3%.

The figure of housing transactions grew by 2.2% in the third quarter of 2025 compared to the previous quarter, with a 2.5% increase in the value of existing housing transactions and a 1.4% change in new housing.

Families were the main buyers of housing between July and September, accounting for 88.3% of transactions.

The 37,507 homes purchased by family households in the third quarter generated nearly €9.2 billion, representing year-on-year increases of 5.8% and 18.8%, respectively.

PYR/AYLS // AYLS

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