2022 Edition 20 MONTHLY STATISTICAL BULLETIN Construction and housing grew significantly in 2021 In 2021, in Portugal: • 25,409 buildings were licensed, which represents a year-on-year increase of 8.2% (-3.7% in 2020) and 4.3% more compared to 2019; • 36,731 dwellings were licensed, corresponding to a year-on-year increase of 8.7% (33,806 dwellings in 2020, -3.9%); • 15,262 buildings were completed, a rate of change of +3.6% compared to the previous year (in 2020, there were 14,732 buildings completed, i.e., +7.8%); • 22,384 dwellings were also completed, i.e., 10.2% more compared to the previous year (in 2020, 20,320 dwellings, +27.6%); Licensed and completed dwellings, Portugal • There was a total of 165,682 housing transactions, which is a new high in the available series and a 20.5% growth compared to 2020; • The value of housing transactions amounted to €28.1 billion, up 31.1% compared to 2020; • The median house price of dwellings transacted was €1,297/m2, which represents an increase of 9.0% compared to the previous year. The median house price remained above the national value in the following sub-regions: » Algarve: €2,000/m2; » Área Metropolitana de Lisboa: €1,813/m2; » Região Autónoma da Madeira: €1,436/m2; » Área Metropolitana do Porto: €1,370/m2; • The median house rental value of new lease agreements of dwellings in Portugal amounted to €6.04/m2, increasing by 7.7% compared to 2020 (+5.5% in the previous year). There was also a 9.4% increase in the number of new lease agreements signed. More information is available at: Construction and housing statistics – 2021 (15 July 2022) 22,384 36,731 0 5,000 10,000 30,000 35,000 40,000 2015 2016 2017 2018 2019 2020 2021 15,000 20,000 25,000 Dwellings completed Licensed dwellings
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