474 houses are being sold daily in Portugal in 2018

Housing sales revenues in Portugal reached € 11.6 billion in the first half of the year, 30.5% more than in the same period of 2017. Totalling 86.335, the number of dwellings sold from January until June was 19.8% higher than the one recorded in the same period of 2017, resulting in a daily sales average of 474 houses in 2018.

These data, just released by APEMIP (The Portuguese Association of Housing Brokerage), show that more and more previously owned homes are being sold in Portugal, «with existing housing sales values exceeding € 9 billion, increasing 33,4% facing the same period of 2017».

According to APEMIP, in the second quarter of 2018 alone, were sold 45,619 family houses, the best value recorded ever and translating a quarterly increase of 12%.

Original Story: Expresso | Vítor Andrade
Translation and Edition: Prime Yield