Thursday, September 29, 2016
“On the real estate side, Portugal has 5.9 million housing units with an estimated value of €300 billion. House prices rose 9.9 percent between 2013Q1 and 2015Q4. Accordingly, the estimated value of the real estate assets owned by households increased by €25 billion, while household savings declined by €5 billion”, notes IMF report on Portugal.
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