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House prices increased 9.2%
House Price Index
House prices increased 9.2% - 1st Quarter 2019
25 June 2019

Summary

The House Price Index (HPI) increased 9.2% in the 1st quarter of 2019 when compared to the same period of the previous year, 0.1 percentage points (pp) less than the previous quarter. In this period, the increase in prices was higher for existing dwellings (10.0%) than for new dwellings (6.0%).
Comparing with the previous quarter, the HPI grew by 3.6%. By dwelling category, the prices for existing dwellings increased 4.0%, 2.0 pp above the one registered by the prices for new dwellings.
In the first three months of 2019, a total of 43 826 dwellings were traded, which represents an increase of 7.6% over the same period of 2018 and a reduction of 5.6% when compared to the previous quarter. In this period, the value of sales was set at 6.1 billion euros, 12.9% more than in the first quarter of 2018.


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