The number of property transactions fell in 13 of the 16 EU countries for which data was available, with the drop reaching 19.8 per cent in Portugal.
Source: Freepik
Author: Redaction
According to Eurostat published this Tuesday, 9 July, house sales have fallen both in the European Union (EU) and in Portugal, which is one of the 13 of the 16 EU countries for which data for the previous year is available, where this trend has been seen for the second year running.
The data from the European Statistical Office shows that in 2023, property transactions fell by 19.8% in Portugal, placing our country in the middle of the table, although the biggest falls were reported in Luxembourg, with -43.3%, Austria, with -26.4%, and Hungary and Finland, both with -24.5%.
The countries where there were increases were Cyprus, with growth of +31%, Poland, with +3.9%, and Ireland, with an increase of +0.6%.
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