{"id":2283,"date":"2023-07-24T11:56:36","date_gmt":"2023-07-24T11:56:36","guid":{"rendered":"https:\/\/mondegocp.com\/?post_type=blogs&p=2283"},"modified":"2023-08-10T09:36:19","modified_gmt":"2023-08-10T09:36:19","slug":"buying-and-selling-homes-hits-13-year-high","status":"publish","type":"blogs","link":"https:\/\/mondegocp.com\/blogs\/buying-and-selling-homes-hits-13-year-high\/","title":{"rendered":"Buying and selling homes hits 13 year high"},"content":{"rendered":"
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The purchase and sale of accommodation in Portugal amounted to 167,900 units in 2022, the highest level since records began in 2009.<\/p>\n

According to the National Institute of Statistics (INE<\/a>), this rise represents an increase of 1.3% compared to 2021, which corresponds to more than 2,218 accommodations transacted.<\/p>\n

Data released by INE confirm that the value of housing transactions last year soared by 13.1% year-on-year, to a total of \u20ac31.8 billion (+13.1% year-on-year). The growth registered in terms of prices was higher in the case of new housing (18.2%) than in existing ones (11.6%), although the latter accounts for three-quarters of the total amount of transactions.<\/p>\n

Although the number of transactions has increased, official data shows a decrease of 2.7% in bank assessments carried out by experts at the service of banking institutions in the context of granting housing loans. Close to 120,000 were carried out last year, which represents a reduction of three percentage points in the relative weight compared to the purchase and sale of family accommodation, settling at 71.4%.<\/p>\n

With regard to the licensing of buildings in Portugal, which totalled 24,696 last year, INE points out a decrease of 4.4% compared to the previous year, in which they had grown by almost 10%. 37,458 dwellings were licensed, -0.5% year-on-year. The number of buildings and dwellings deemed completed also dropped by 3.5% and 0.1%, respectively.<\/p>\n

What is also falling is the number of buildings licensed for rehabilitation works, which stood at 4,491 processes last year. This indicator sank 9.3% compared to the previous year and 17.4% compared to 2019, the year before the Covid-19 pandemic, thus lowering the rehabilitation threshold of 20% in total works licensed in Portugal.<\/p>\n

Source: ThePortugalNews<\/a><\/p>\n<\/div>\n","protected":false},"featured_media":2284,"template":"","categories":[],"yoast_head":"\nBuying and selling homes hits 13 year high - Mondego<\/title>\n<meta name=\"description\" content=\"The purchase and sale of accommodation in Portugal amounted to 167,900 units in 2022, the highest level since records began in 2009.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/mondegocp.com\/blogs\/buying-and-selling-homes-hits-13-year-high\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Buying and selling homes hits 13 year high - Mondego\" \/>\n<meta property=\"og:description\" content=\"The purchase and sale of accommodation in Portugal amounted to 167,900 units in 2022, the highest level since records began in 2009.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/mondegocp.com\/blogs\/buying-and-selling-homes-hits-13-year-high\/\" \/>\n<meta property=\"og:site_name\" content=\"Mondego\" \/>\n<meta property=\"article:modified_time\" content=\"2023-08-10T09:36:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mondegocp.com\/wp-content\/uploads\/2023\/07\/shutterstock_2149304473.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"667\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/mondegocp.com\/#website\",\"url\":\"https:\/\/mondegocp.com\/\",\"name\":\"Mondego\",\"description\":\"Impact Through Renewal\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/mondegocp.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/mondegocp.com\/blogs\/buying-and-selling-homes-hits-13-year-high\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/mondegocp.com\/wp-content\/uploads\/2023\/07\/shutterstock_2149304473.jpg\",\"contentUrl\":\"https:\/\/mondegocp.com\/wp-content\/uploads\/2023\/07\/shutterstock_2149304473.jpg\",\"width\":1000,\"height\":667},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/mondegocp.com\/blogs\/buying-and-selling-homes-hits-13-year-high\/#webpage\",\"url\":\"https:\/\/mondegocp.com\/blogs\/buying-and-selling-homes-hits-13-year-high\/\",\"name\":\"Buying and selling homes hits 13 year high - 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