Supply of houses for sale in Portugal rose 11% at the beginning of the year

Supply of houses for sale in Portugal rose 11% at the beginning of the year
Supply of houses for sale in Portugal rose 11% at the beginning of the year
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The “stock” of Portuguese housing stock available for sale in the first quarter of 2024 rose 11%, compared to what was available in the same period of 2023, according to data analyzed by idealista.

With regard to district capitals, the supply of housing for sale in Portugal rose in 13 district capitals last year. Topping the list is Vila Real (70%), Guarda (65%), Viseu (45%) and Leiria (30%) as the district capitals where the “stock” available to buy a house has increased the most. Follow Beja (24%), Viana do Castelo (24%), Bragança (21%), Évora (16%), Castelo Branco (15%), Setúbal (13%), Coimbra (8%), Lisbon (6%) and Porto (3%).

On the other handPortalegre, was the city where supply decreased the most (-15%), followed by Braga (-9%), Funchal (-7%), Aveiro (-5%), Santarém (-4%), Faro (-4%) and Ponta Delgada (-3%) being the only cities analyzed where the “stock” dropped.

Analyzing by district/islands, the ranking of increase in supply over the last year is led by Bragança (34%), Vila Real (31%) and Viseu (30%). Next are Guarda (24%), Viana do Castelo (21%), Beja (19%), Faro (19%), Leiria (18%), Castelo Branco (16%), Évora (14%), Porto (13%), Setúbal (13%), Lisbon (7%), Aveiro (5%), Coimbra (5%), Portalegre (4%), Santarém (2%) and Braga (1%).

On the island of Madeira, the stock of houses for sale last year fell by 7%, followed by the island of São Miguel (-5%).

The article is in Portuguese

Portugal

Tags: Supply houses sale Portugal rose beginning year

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