In 2017
Number and sales value of transacted dwellings in the Autonomous Region of Madeira increased
In 2017, 2,796 dwellings were traded in the Autonomous Region of Madeira, up by 24.4% over the previous quarter. That was the highest value since the beginning of the series, in 2009.
From that total, 2,126 were existing dwellings and the remaining 670 new dwellings.
The value of transacted dwellings in the reference year was approximately 341.8 million euros, representing a 23.9% increase over the previous year. That value also represents a new maximum of the available series.The sales value for the new dwellings stood at 96.5 million euros and for existing dwellings at 245.2 million euros.
In Portugal, the number of transacted dwellings in 2017 reached 153.3 thousand (a 20.6% increase compared to the previous year), generating a sales value of 19.3 billion euros (+30.6%).
In the Autonomous Region of Madeira, a total of 729 dwellings were transacted in 4th quarter, up by 19.7% from the year-ago quarter and down by 3.8% from the previous quarter. The total sales value was 91.9 million euros, which represented an increase of 36.5% when compared to the same quarter of the previous year. The rate of change from the previous quarter was +0.1%.