Official numbers, read by a valuer. Ten property series and five macroeconomic series from INE, Banco de Portugal and Eurostat — updated automatically as each source publishes, each with its source and the period it refers to.

A figure is evidence, not a conclusion. When one of them moves in a way that matters, I explain why in the Valuer’s Note.

José Covas FRICS

Property

Macroeconomics

Sources and method

Fifteen official series. INE (CC BY 4.0): bank valuation of housing, house price index, transactions, median sale price, rents on new leases, buildings licensed, construction costs and the implied interest rate on housing loans. Banco de Portugal (BPstat): agreed annual rate on new housing loans. Eurostat: house prices in Portugal and the EU, and five macroeconomic series for Portugal — unemployment rate, HICP inflation, GDP growth, wages (labour cost index) and the household saving rate. Figures appear as published, and the sources may revise them. Arrows show direction only.

Not a valuation, and not investment advice. A valuation for mortgage lending in Portugal is carried out by a valuer registered with the CMVM.