Portugal's housing market is improving
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After more than three years of house price falls, Portugal’s housing market is now recovering, amidst a struggling economy. Property prices in Portugal increased by 1.22% (1.6% in real terms) during the year to the first quarter of 2014, to an average of €993 per square meter (sq. m.), the first year-on-year price increase since Q3 2010, based on the figures released by Statistics Portugal (INE).
However, numerous cities and municipalities have experienced strong house price growth while others are struggling.
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