"The latest data from Confidencial Imobiliário's Residential Price Index show that house sales prices in Portugal (Continental) increased by 0.7% in November compared to the previous month".
This value represents a "deceleration compared to the monthly variation of 1.3% recorded in October and which confirms the cooling trend in price increases in the last three months".
Throughout 2022, "home sales prices recorded strong monthly increases, almost always positioned above 1.0% and several times exceeding 2.0%".
According to Confidencial Imobiliário, the months of September and November "were the only two exceptions to this cycle of robust monthly valuations, both with variations of less than 1.0%".
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