New housing projects increase in Q1 2024, with 14,850 new dwellings requiring planning permission

In Q1 2024, local councils in mainland Portugal received licence applications for a total of 5,200 new housing projects, with a total planned supply of 14,850 dwellings. This pipeline reflects a 15%-increase in the number of dwellings compared to 2023, when a quarterly average of 12,950 units were submitted for approval.