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Construction and housing revealed resilience
Construction and housing statistics
Construction and housing revealed resilience - 2020
16 July 2021

Summary

In 2020 23,068 buildings and 33,065 dwellings were licensed in Portugal, respectively -4.3% and -4.1% than in 2019 (+5.5% and +15.0%, in 2019 compared to 2018, in the same order). It is estimated that in 2020, 14,580 buildings and 19,900 dwellings were completed, representing increases of 3.8% and 18.8%, respectively (+3.8% and +24.4% in 2019).
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 dwelling  in Portugal was 1,188 €/m2.  The median price of housing remained above the national value in the Algarve (1 771 €/m2), Área Metropolitana de Lisboa (1 630 €/m2), Região Autónoma da Madeira  (1 322 €/m2) and Área Metropolitana do Porto (1 240 €/m2).
The median housing rental of the 79 878 new rental contracts for family dwellings in Portugal reached 5.61 €/m2, increasing by 5.5% over the same period of the previous year.  Compared to the previous year, there was also an increase of 9.7% in the number of new contracts.

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