In the first quarter of 2016, the House Price Index (HPI) increased 6.9% when compared to the same period of the previous year. This is the tenth consecutive period in which the HPI presented an annual increase in prices and the highest rate of change observed for this series.
When compared to the previous quarter, the HPI rose 1.8% in the first quarter of 2016 (1.2% in the last quarter of 2015).
In the first three months of 2016, the house sales indicator accounted for a total of 29,464 residential units sold (81.3% of which were transactions of existing dwellings). In this period, the transacted dwellings were evaluated at approximately 3.4 billion Euros, 13% more than in the same period of 2015.