Before the interruption of the pandemic, house prices rose progressively. But it slowed down in 2019, with the decline in housing sales and has slowed down a bit with the Covid-19 crisis
According to the study of the National Institute of Statistics INE), in the fourth quarter of 2020 it decreased and stood at 1.5%. It is the lowest in 6 years.
By type of home, the rate for new homes reached 8.2%, seven tenths above the previous one. For its part, the annual variation of second-hand housing decreased four tenths.
It stands at 0.4%, the lowest since the third quarter of 2014.