After a downward cycle, new rents in Lisbon and Porto stabilize in the third quarter

After several quarters marked by declines in contracted rents, the residential rental market is beginning to show signs of stabilization.

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Confidencial Imobiliário is an independent databank geared towards producing and disseminating transaction statistics, with a special focus on the housing market. Its portfolio includes the SIR - Sistema de Informação Residencial (Residential Information System), which aggregates sales data from the main market operators, with results down to the micro-zone.