The supply of houses for sale in Portugal increased by 11% in the third quarter of 2023 compared to the same period last year, according to a study by idealista.
The supply of housing for sale in Portugal rose in 13 district capitals last year. Leading the list is Évora (55%), followed by Guarda (47%), Viana do Castelo (41%), Vila Real (38%) and Leiria (37%) as the district capitals where stock is available for buying a house has increased. Then there are Setúbal (27%), Coimbra (18%), Braga (18%), Faro (13%), Castelo Branco (12%), Portalegre (12%), Viseu (9%) and Beja (5%) .
On the other hand, Porto was the city where the supply of houses for sale decreased the most (-24%), followed by Funchal (-16%), Ponta Delgada (-14%), Aveiro (-10%), Bragança ( -5%), Lisbon (-5%) and Santarém (-3%). These were the seven cities analyzed where the housing stock fell between the summer of 2022 and this year.
Source: ThePortugalNews