As part of our strategic partnership with BNP Paribas Real Estate, we are sharing the European Residential Report.<\/p>\n
We highlight some of the main points of this analysis:<\/p>\n
\u2013 Despite a year-on-year decline of\u00a03.8%<\/strong>\u00a0in the\u00a03rd quarter of 2024<\/strong>, the first 9 months of the year saw a\u00a0stabilization of mortgage lending<\/strong>. The trend will continue if the expansionary monetary policy continues in the coming quarters.<\/p>\n \u2013\u00a0House prices<\/strong>\u00a0in Europe are expanding again (+2.9%<\/strong>\u00a0year-on-year in the\u00a02nd quarter of 2024<\/strong>). 21 of the 30 countries recorded new highs in house prices, with only 9 countries still below their peaks.\u00a0Portugal<\/strong>\u00a0stood out as the\u00a07th market<\/strong>\u00a0in which prices grew the most<\/strong>.<\/p>\n \u2013\u00a0Rental values<\/strong>\u00a0recorded historic highs (+3.0%<\/strong>\u00a0year-on-year in the\u00a02nd quarter of 2024<\/strong>) as a result of the scarcity of purchasing power for housing and the growing frictions due to rent and energy regulations across Europe. Portugal also turned out to be the market with the 8th highest growth in housing rents.<\/p>\n \u2013 Given the evolution of both markets, at the moment\u00a0in Portugal it pays to both buy and rent a house<\/strong>. The buy-to-rent ratio compares the monthly value of the bank loan \u2013\u00a0Investment volumes<\/strong>\u00a0increased by\u00a02.3%<\/strong>\u00a0year-on-year in the\u00a03rd quarter of 2024<\/strong>, reaching\u00a0\u20ac22.6 billion<\/strong>\u00a0in the first 9 months of the year, maintaining an 18% share of the total commercial real estate investment volume. Most of the investment was predominantly domestic and from European investors and focused on deals of less than \u20ac50 million.\u00a0Germany, the UK and Sweden<\/strong>\u00a0were the main markets attracting capital.<\/p>\n <\/p>\n Download the European Residential Report and find out more about the evolution of the residential sales and rental markets in Europe.<\/p>\n","protected":false},"featured_media":15341,"template":"","meta":{"_acf_changed":false},"class_list":["post-15342","research","type-research","status-publish","has-post-thumbnail","hentry","ResearchCategory-residencial"],"acf":[],"_links":{"self":[{"href":"https:\/\/worx.pt\/en\/wp-json\/wp\/v2\/research\/15342","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/worx.pt\/en\/wp-json\/wp\/v2\/research"}],"about":[{"href":"https:\/\/worx.pt\/en\/wp-json\/wp\/v2\/types\/research"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/worx.pt\/en\/wp-json\/wp\/v2\/media\/15341"}],"wp:attachment":[{"href":"https:\/\/worx.pt\/en\/wp-json\/wp\/v2\/media?parent=15342"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nof the house versus the monthly rent of the equivalent property. This ratio showed that it largely pays to buy a house in\u00a0Austria, Germany or Norway<\/strong>, but in Portugal, at the moment, it\u2019s financially indifferent.<\/p>\n