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Housing prices in Portugal rocket 11% in 2017 and will increase another 8.5% this year, according to S&P

Page created: Thursday, 8 February 2018 14:02 GMT

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Housing Prices  S&P

Standard & Poor’s anticipates that the rise in prices in Portugal will continue. The rating agency foresees an 8.1% increase in Portuguese real estate this year, foreseeing a decrease in that rhythm to 7% in 2019 and 6% in 2020. This deceleration should go side by side with the “soft landing” S&P anticipated for the evolution of house prices in Europe, according to a report disclosed this Wednesday.