Renting a house in the country’s capital is becoming an increasingly difficult task given the successive price increases over the past year, which have pushed house prices to peak levels. However, there was a small relief of 0.5% in the number of new residential rental contracts in Lisbon in the third quarter of the year, according to data from Confidencial Imobiliário in the context of the Residential Income Index.
This third-quarter decline thus ends the cycle of “strong quarterly increases observed over the past year, which saw chain increases of more than 5%, peaking at 9.7%,” the company said. real estate in Portugal, bearing in mind that in the second quarter of this year there was an unprecedented year-on-year increase of 29.6%.
Source: DN
