# Portugal House Price Index

Portugal House Price Index was up 16.5% year on year in Q2 2026, compared with 17.8% in Q1 2026.
The level stood at 301.4 (Index 2015=100).
That is the lowest reading since Q1 2025.
Among the 27 economies Makrognosis covers on this measure, it is the 2nd highest.
Over the past ten years it has ranged from 6.3% (Q2 2016) to 18.9% (Q4 2025), averaging 10.6%.

- Source agency: Eurostat (Statistical Office of the European Union)
- Makrognosis code: `PT.HPI.Q.NSA`
- Frequency: quarterly
- Units: Index 2015=100
- Coverage: 2014-01-01 to 2026-04-01 (50 observations)
- Page: https://makrognosis.robomacro.com/data/portugal/house-price-index

## Recent data

| Period | Value | Y/Y % |
|---|---:|---:|
| Q2 2026 | 301.4 | 16.5 |
| Q1 2026 | 291.0 | 17.8 |
| Q4 2025 | 280.2 | 18.9 |
| Q3 2025 | 269.4 | 17.7 |
| Q2 2025 | 258.8 | 17.2 |
| Q1 2025 | 247.1 | 16.3 |
| Q4 2024 | 235.7 | 11.6 |
| Q3 2024 | 228.9 | 9.8 |
| Q2 2024 | 220.7 | 7.8 |
| Q1 2024 | 212.4 | 7.0 |
| Q4 2023 | 211.3 | 7.8 |
| Q3 2023 | 208.5 | 7.6 |
| Q2 2023 | 204.7 | 8.7 |
| Q1 2023 | 198.6 | 8.7 |
| Q4 2022 | 195.9 | 11.3 |
| Q3 2022 | 193.8 | 13.1 |
| Q2 2022 | 188.3 | 13.2 |
| Q1 2022 | 182.6 | 12.9 |
| Q4 2021 | 176.0 | 11.6 |
| Q3 2021 | 171.3 | 11.5 |
| Q2 2021 | 166.4 | 7.8 |
| Q1 2021 | 161.7 | 6.6 |
| Q4 2020 | 157.7 | 8.0 |
| Q3 2020 | 153.6 | 6.9 |

## API

```
curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/PT.HPI.Q.NSA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/PT.HPI.Q.NSA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
```