The Portuguese housing market is starting to show signs of slowing down after the country’s post 2011-2014 international bailout boom.

Housing prices rose 8.5% in the third quarter of 2018, year-on-year, slowing down from the 11.2% increase in the second quarter compared to the same period of last year, revealed the National Statistics Institute. This result marks the second consecutive quarter of decelerating home prices following five straight quarters of home-price growth.

According to Eurostat data, Portugal recorded the third-highest increase in home prices in the European Union last year.

Original Story: Bloomberg |Henrique Almeida
Photo: Big Stock Photo
Edition: Prime Yield