Notícias (GB)
In the 1st quarter of 2026, the unemployment rate fell to 4.5%, the lowest in the country (Read more...)
In the 4th quarter of 2025, the number of bankruptcy, insolvency and enterprise recovery cases filed in the first-instance courts of the Madeira District increased both on a quarterly and year-on-year basis (Read more...)
In April 2026, the confidence indicator in Manufacturing and Services increased, whilst in Construction and Public Works and in Trade there was a decrease (Read more...)
DREM shares data to mark Mother's Day 2026 (Read more...)
In March 2026, the overnight stays in tourist accommodation in the Region grew 3.8% year-on-year, surpassing the one million mark for the first time this month of the year (Read more...)
In March 2026, precipitation was above the climatological normal, whilst temperature was below (Read more...)
In the 1st quarter of 2026, the balance between the number of company incorporations and dissolutions decreased compared to the same period of the previous year (Read more...)
In the 1st quarter of 2026, the weighted annual average daily traffic on the Via Rápida increased by 2.7% compared to the same period of the previous year (Read more...)
In March 2026, passenger movement at the Autonomous Region of Madeira airports recorded a year-on-year growth of 2.3% (Read more...)
In March 2026, the median value of bank appraisals for housing in the Autonomous Region of Madeira rose to 2 500 euros per square meter (Read more...)
Notícias (GB)
In the 1st quarter of 2026, the unemployment rate fell to 4.5%, the lowest in the country (Read more...)
In the 4th quarter of 2025, the number of bankruptcy, insolvency and enterprise recovery cases filed in the first-instance courts of the Madeira District increased both on a quarterly and year-on-year basis (Read more...)
In April 2026, the confidence indicator in Manufacturing and Services increased, whilst in Construction and Public Works and in Trade there was a decrease (Read more...)
DREM shares data to mark Mother's Day 2026 (Read more...)
In March 2026, the overnight stays in tourist accommodation in the Region grew 3.8% year-on-year, surpassing the one million mark for the first time this month of the year (Read more...)
In March 2026, precipitation was above the climatological normal, whilst temperature was below (Read more...)
In the 1st quarter of 2026, the balance between the number of company incorporations and dissolutions decreased compared to the same period of the previous year (Read more...)
In the 1st quarter of 2026, the weighted annual average daily traffic on the Via Rápida increased by 2.7% compared to the same period of the previous year (Read more...)
In March 2026, passenger movement at the Autonomous Region of Madeira airports recorded a year-on-year growth of 2.3% (Read more...)
In March 2026, the median value of bank appraisals for housing in the Autonomous Region of Madeira rose to 2 500 euros per square meter (Read more...)
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In the second quarter 2020
Economic conditioning related to COVID-19 pandemic affected severely the housing market in the Autonomous Region of Madeira
In the second quarter 2020, 525 dwellings were traded in the Autonomous Region of Madeira, down by 38.5% over the previous quarter and by 28.7% compared to the 2nd quarter 2019. This is the lowest number of transacted dwellings since the 3rd quarter 2016.
From that total, 390 were existing dwellings and the remaining 135, new dwellings. Compared to the previous quarter, the number of traded existing dwellings went down by 38.5% (-32.3% y-o-y) and while for the new dwellings there was a 38.4% decline (-15.6% y-o-y).
The value of transacted dwellings in the reference quarter was approximately 75.1 million euros, representing a 43.9% decrease over the previous quarter and a 23.3% drop compared to the same quarter of the prior year. The sales value for the new dwellings stood at 23.6 million euros and for the existing dwellings at 51.4 million euros.
In Portugal, the number of transacted dwellings in the second quarter 2020 reached 33.4 thousand (a 23.3% decrease compared to the last quarter), generating a sales value of 5.1 billion euros (-23.8%). The y-o-y growth rates were -21.6% and -15.2%, respectively.
Evidently, the aforementioned drops in the Region and in the country, were a consequence of the COVID-19 pandemic, which greatly affected the economy in the reference quarter.
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