SYNTHESIS INE@COVID-19, 29 Sept-2021

September . 29 . 2021 SYNTH SIS IN @ COVID-19 www.ine.pt page 2/8 Communication Unit | tel: +351 21 842 61 10 | sci@ine.pt Implicit interest rates in housing loans Average owed capital More information available at: Interest rates implicit in housing loans – August 2021 (20 September 2021) • The average owed capital for all contracts increased €325 in comparison to the previous month, standing at €57,115; • The average value of loan repayments rose 1 euro to 236 Euros; • The implicit interest rate on housing loans for house purchase contracts decreased to 0.807% (0.816% in the previous month). For contracts signed in the last 3 months, this rate was 0.679% (0.670% in the previous period). 0.792% 0.730% 0.780% 0.830% 0.880% 0.930% 0.980% 1.030% 1.080% Aug-18 Nov-18 Feb-19 May-19 Aug-19 Nov-19 Feb-20 May-20 Aug-20 Nov-20 Feb-21 May-21 Aug-21 House prices increased 6.6% in the 2 nd quarter of 2021 In the 2 nd quarter of 2021, in year-on-year terms: • The House Price Index (HPI) increased by 6.6% (+5.2% in the previous quarter); • The prices of new dwellings increased at a faster rate than those of existing dwellings, 6.9% and 6.5%, respectively. House Price Index (year-on-year rate of change) 6.6% 0.0% 2.0% 4.0% 6.0% 8.0% 10.0% 12.0% 14.0% 2Q2016 2Q2017 2Q2018 2Q2019 2Q2020 2Q2021 Aug-18 Nov-18 Feb-19 May-19 Aug-19 Nov-19 Feb-20 May-20 Aug-20 Nov-20 Feb-21 May-21 Aug-21 57,115 € 49,000 € 50,000 € 51,000 € 52,000 € 53,000 € 54,000 € 55,000 € 56,000 € 57,000 € 58,000 €