According to the latest figures from Eurostat, Portugal ranked 10th among EU member states for annual growth in residential property sales. While that is still a strong result, it marks a slowdown compared with 2024, when transactions increased by 15.2%.

The biggest increases were seen in Luxembourg, Hungary and the Netherlands, all of which recorded growth of more than 20% over the year. Several other countries, including Ireland, Slovenia and Lithuania, also reported stronger growth than Portugal.

Not every housing market moved in the same direction. Home sales fell in France, Finland, Austria and Estonia, while a handful of countries saw little change compared with the previous year.

Although activity in Portugal's housing market continued to grow, the slower pace suggests buyers are becoming more cautious after several years of exceptionally strong demand. Even so, the country remains one of Europe's more active property markets.

The figures come at a time when Portugal continues to experience rising house prices. Recent Eurostat data showed that property prices in the country increased faster than anywhere else in the European Union during the first quarter of 2026, highlighting the continued pressure on the housing market.