Housing prices in Lisbon continue to rise.

House sale prices in Lisbon rose by 1.9% in the first quarter of this year compared to the previous quarter and by 7.7% compared to the same period last year, according to the price index from Confidencial Imobiliário.This growth is more intense compared to the last quarter of 2022, which means that prices in Lisbon are rising at a faster rate than at the end of the year. Specifically, in the fourth quarter of last year, the quarterly rate of change in Lisbon home sale prices was 1.2% and the annual rate of change was 7.1%.The capital follows a national trend that shows an acceleration in price growth, which has unfolded after the decline seen in the second half of last year. According to SIR-Sistema de Informação Residencial, in the first quarter of this year, the average selling price of homes in Lisbon stood at 4,203 euros per square meter, marking the sixth consecutive quarter in which the capital's real estate market has traded above the 4,000 euros per square meter mark.We pride ourselves on providing our readers from around the world with independent, honest and impartial news for free - both online and in print format. Our dedicated team supports the local community, international residents and visitors of all nationalities through our newspaper, website, social media and our newsletter. We realize that not everyone can afford to pay for our services, but if you can, we ask you to support The Portugal News by making a contribution - whichever one you can afford.

Home sale prices in Lisbon increased by 1.9% in the first quarter of this year compared to the previous quarter and by 7.7% compared to the same period last year, according to the price index from Confidencial Imobiliário.

This growth is more intense compared to the last quarter of 2022, which means that prices in Lisbon are rising at a faster rate than at the end of the year.

Specifically, in the fourth quarter of last year, the quarterly rate of change in housing sale prices in Lisbon was 1.2%, while the annual rate was 7.1%.

The capital is following the national trend, which shows an acceleration in price growth that emerged after a decline noted in the second half of last year. According to SIR-Sistema de Informação Residencial, in the first quarter of this year, the average selling price of homes in Lisbon was 4,203 euros per square meter, marking the sixth consecutive quarter in which the capital's real estate market has traded above the 4,000 euros per square meter mark.

We take pride in providing our readers from around the world with independent, honest, and impartial news for free - both online and in print. Our dedicated team supports the local community, foreign residents, and visitors of all nationalities through our newspaper, website, social media, and our newsletter. We understand that not everyone can afford to pay for our services, but if you have the means, we ask you to support The Portugal News by making a contribution - no matter how small.