During the 2010s decade, Portugal witnessed a steep surge in house prices, akin to trends in other European countries. This work aims to: i) analyse the reasons that led to the increase in housing prices in Portugal; ii) discuss the impacts of COVID-19 on the housing market; iii) study the evolution of housing prices during the pandemic; iv) understand how the COVID-19 pandemic has affected the housing market. The analysis adopts a quantitative approach and is based on official data from 2016 to 2023, providing a comprehensive view of the housing market in Portugal before, during, and after the pandemic. Preliminary findings suggest that the pandemic had minimal impacts on the housing market.
Key-words: housing, housing market, real estate, Covid-19, Portugal