LISBON, March 23 (Xinhua) -- Housing prices in Portugal rose 17.6 percent in 2025, the highest rate ever recorded in the country's available statistical series and an increase of 8.5 percentage points compared with 2024, national statistics institute INE reported on Monday.
Prices of existing homes climbed faster than new builds, rising 18.9 percent against a 14.2 percent increase for newly-built properties, the INE said.
A total of 169,812 homes were sold in 2025, up 8.6 percent from the previous year, which was also a record high. The total value of residential transactions reached 41.2 billion euros (47.8 billion U.S. dollars), a 21.7 percent increase in value terms compared with 2024, according to the INE.
The Greater Lisbon metropolitan area remained the country's dominant real estate market, accounting for 30.1 percent of the total transaction value last year, the INE said.
