Rents fall in Lisbon for the first time in six years (Expresso, 8 Jul 2020)

  • Housing. Rents fall in Lisbon for the first time in six years

  • Original headline in Portuguese: Habitação. Rendas caem em Lisboa pela primeira vez em seis anos

  • By Vítor Andrade. Published in Expresso on 8 July 2020

  • https://expresso.pt/economia/2020-07-08-Habitacao.-Rendas-caem-em-Lisboa-pela-primeira-vez-em-seis-anos

  • Summary through Google Translate:

    • For the first time in six years, housing rents in Lisbon dropped 1.8% in the first quarter of this year - compared to the same period last year.

    • According to the Confidencial Imobiliário database, the last negative change dates back to the fourth quarter of 2013 (-1.7%).

    • Since the end of 2017, rents in Lisbon have been losing pace, going from a year-on-year increase of around 19% then recorded, to around 12% at the end of 2018 and, in a new contraction, to 1.4% at the end of 2019 , also note the analysts of Confidencial Imobiliário.

  • Keywords: Lisbon, Porto, Portugal, rental housing, rental prices, data sources

Short news articles like this, which are published regularly, are useful to compile data and also to find out about and get to the primary sources of such data: in this case Confidencial Imobiliário: https://confidencialimobiliario.com/en/

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