Real estate

Portugal and the future of housing

The real estate sector is of the utmost importance to the Portuguese economy. Real estate and construction activities account for 7.3% of total employment and the construction sector was responsible for 8.1% of Portugal’s GDP in 2018. In addition, housing is the main asset of households: in 2017, real estate accounted for 48% of total family wealth. In light of its importance, below we analyse the recent developments in the sector and its future outlook. In the last five years, the housing sector has experienced great changes, with a strong...

Monthly Report - FocusDaniel Belo, Teresa Gil Pinheiro