LUSA 01/10/2026

Lusa - Business News - Portugal: House prices see second-highest rise in EU in Q3

Brussels, Jan. 9, 2026 (Lusa) - Portugal recorded the second-highest year-on-year rise in house prices, 17.7%, in the third quarter of 2025, with the eurozone average at 5.1% and the European Union (EU) average at 5.5%, Eurostat announced on Friday.

Compared with the previous quarter, between July and September 2025, house prices rose by 1.6% in both the eurozone and the EU, according to the European statistical service, with Portugal recording the third-largest increase (4.1%).

Among the Member States, the highest year-on-year increases in house prices were recorded in Hungary (21.1%), Portugal (17.7%), and Bulgaria (15.4%), with Finland showing the only decline (-3.1%).

In the third quarter of 2025, in chain comparison, the most significant increases were recorded in Latvia (5.2%), Slovakia (4.9%) and Portugal (4.1%).

The indicator declined in five Member States in the quarterly variation, with Luxembourg (-3.1%), Finland (-2.2%) and Slovenia (-1.1%) recording the largest falls in house prices.

Compared to 2015, house prices more than tripled in Hungary (275%) and more than doubled in 11 countries, with Portugal leading the way (169%), followed by Lithuania (162%) and Bulgaria (156%).

IG/ADB // ADB.

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