What is important to know?
Market information (*):
(*) Source: Confidencial Imobiliário, for a Nomera Capital analysis.
Evolution of the Number of properties and the SALE Price/sqm in some municipalities in the Lisbon Area
The volume of transactions has been accelerating considerably, with increases of almost 20% in most municipalities, in the 3 months ending in May when compared to the 1st Quarter of 2021 (accumulated over the last 3 months). Part of the explanation will have to do with the impact of confinement at the beginning of the year.
Prices rose in Almada, Amadora, Cascais and Oeiras, and fell slightly in Lisbon and Odivelas. Quarterly price changes always have to be viewed with relative caution as they cover a very short period.
Evolution of SALE Price/sqm for Parishes of Lisbon
The parishes with the best performances were Santa Clara, Arroios and Penha de França. At the opposite extreme, Misericórdia, Ajuda and Santo António.
These variations should be viewed with relative caution as they cover a very short period.