House prices rise 15.8% in 2019, should stabilize

House prices rise 15.8% in 2019, should stabilize

House prices in Portugal ended 2019 with a year-on-year increase of more than 15 percent. However, forecasts for 2020 are that prices will stablise.

According to housing price index Confidencial Imobiliário, prices had already started to slow in Lisbon, with house price increases in the single figures. However, it added results show that house prices at the end of 2019 were 46 percent above the levels recorded at the start of the decade in 2010.