The House Price Index (HPI) increased 3.1% in 2015 when compared with the previous year. This result was 1.2 percentage points (p.p.) lower than what was observed for 2014.
In the fourth quarter of 2015, the HPI increased 5.0% when compared with the same quarter of 2014 and 1.2% in relation to the previous period. For the fifth consecutive quarter, the HPI exhibited a higher annual price increase for existing dwellings (5.1%) than for new dwellings (4.8%).
The number of transacted dwellings in 2015 increased 27.4% in relation to the previous year, which corresponded to a total of 107,302 residential units sold and to a total sales value of approximately 12.5 billion Euros (30.8% more than in 2014).