Lisbon house prices will be higher than London

Lisbon is the 7th city in the world with the highest increase in house prices in the first half of 2022.

Lisbon’s home sales market value rose 3.7% between January and the end of June, trailing only cities such as Miami, Los Angeles and San Francisco, which led the ranking compiled by consultant Savills.

Lisbon continues to stand out in the real estate market when it comes to exponentially rising house prices. House prices have risen faster than in Berlin, London and Geneva, according to a Savills study.

“Global residential real estate market resilience continued in the first half of 2022,” Savills said in its Savills World Cities Prime Residential Index survey of 30 cities around the world. In this index, the average selling price on average he increased by 2.4%.

Miami (12.5%) increased the most, followed by Los Angeles (6.5%), San Francisco (5.5%), Dubai (4.7%), New York (4.3%), Seoul (4.0%) and Lisbon (3.7%). was in that order. ).
Real estate prices fell in three cities around the world. Shanghai (-0.9%), Sydney (-1.7%), Hong Kong (-3.0%).

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