SYNTHESIS INE@COVID-19, 21JUL 2021

July . 21 . 2021 SYNTH SIS IN @ COVID-19 www.ine.pt page 8/12 Communication Unit | tel: +351 21 842 61 10 | sci@ine.pt Construction and housing resilient in 2020 In 2020, the following permits were issued in Portugal: • 23,068 buildings, i.e., 4.3% less than in the previous year (in 2019, there was a 5.5% growth compared to 2018); • 33,065 dwellings, corresponding to 4.1% less than the previous year (in 2019, there was an increase of 15.0% compared to 2018). In 2020, it is estimated that the following will have been completed: • 14,580 buildings, i.e., +3.8% (identical growth in 2019); • 19,900 dwellings, i.e. +18.8% (+24.4% in 2019). Permits and completed buildings, Portugal Housing transactions decreased by 5.3% in number (for the first time since 2012) but increased by 2.4% in value. In 2020, the median price of family dwellings in Portugal was €1,188/m 2 . The median house price remained above the national value in the following NUTS III regions: • Algarve (€1,771/m 2 ); • Área Metropolitana de Lisboa (€1,630/m 2 ); • Região Autónoma da Madeira (€1,322/m 2 ); • Área Metropolitana do Porto (€1,240/m 2 ). The median house rent for the 79,878 new family rental contracts in Portugal amounted to €5.61/m 2 (+5.5% year-on-year). There was also a 9.7% increase in the number of new contracts signed compared to the previous year. More information available at: Construction and housing statistics - 2020 (16 July 2021) 19,900 33,065 0 5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000 2014 2015 2016 2017 2018 2019 2020 Completed buildings Building permits