February 2024 RICS/Ci Portuguese Housing Market Survey [Electronic resource]

February 2024 RICS/Ci Portuguese Housing Market Survey [Electronic resource] - Royal Institution of Chartered Surveyors & Confidencial Imobilario March 2024 - 5p - Portuguese Housing Market Survey .

RICS, in partnership with Confidencial Imobiliario, produces the Portuguese Housing Market Survey, a sentiment survey that collects and analyses the opinions of professionals in agency and development about the prices, availability and demand of residential property in three areas of the country: Greater Lisbon, Greater Oporto and the Algarve.

In February 2024 near-term outlook remains fairly subdued but twelve month expectations strengthen. The results of the February 2024 RICS/Ci PHMS point to a broadly
steady backdrop across the sales market, with many indicators
sitting in neutral territory for this month. In the lettings market, tenant
demand growth appears to have lost a bit of steam, although the lack
of supply continues to drive a modest increase in rents.


HOUSING MARKET
RESIDENTIAL PROPERTY


Portugal