The value of free housing shoots up 7.4% in 2022, its highest rise in 15 years

The value of free housing rose a median of seven.4% in 2022, thus registering its ninth consecutive annual rise and its highest rise since 2007, when the value elevated by 9.8%, in response to the Housing Price Index (IPV ) of the National Institute of Statistics (INE) printed this Wednesday.

The rise skilled in 2022 doubles that of 2021 (+3.7%) and is a consequence of each the acceleration within the costs of second-hand housing and of recent flats.

Thus, the value of recent housing rose a median of seven.9% in 2022, its greatest rise since 2007, when it elevated by 11.9%. With final yr’s improve, the value of recent housing accumulates 9 years of will increase.

For its half, the value of used housing elevated by 7.3% in 2022, twice as a lot as in 2021 and its greatest rise additionally since 2007, when it grew by 8.2%. With this rebound, used housing additionally accumulates 9 years of will increase.

In the fourth quarter of 2022, the value of free housing rose 5.5% in comparison with the identical interval of the earlier yr, its smallest rise because the third quarter of 2021. This rebound, with which 35 quarters of will increase have already accrued , is greater than two factors decrease than that registered within the third quarter of 2022.