And there is a peak in optimistic prospects for sales (74.7 points on a scale of 0 to 100), while expectations for rentals have fallen (to 57.3 points).
For the first three months of 2025, the overwhelming majority of real estate agents plan to increase the number of homes to put up for sale (67.5%), while only one in four admits that the supply will remain similar in their area of operation. Only 6.1% of respondents acknowledge that they will have fewer homes to sell.
Along the same lines, the vast majority of real estate professionals also anticipate selling more homes in the first quarter of 2025 (71.1%). This optimistic feeling may be related to the recent drops in interest rates on real estate credit, as well as new support for buying a house aimed at young people (exemption from IMT and public guarantee), together with the growth in savings. Still, one in five respondents expect transactions to remain at the same level and almost 7% believe there will be a decline in home sales.
Regarding house prices, more than half estimate that houses for sale will not become more expensive in the first quarter of 2025. Even so, almost 40% believe that there will be further increases in prices (only 5% predict falls). And the same is true in the rental market: more than 50% of respondents predict that home rents will stabilize during this period. But one in three expects there to be further increases and almost 11% anticipate a fall in rents, due to the increase in stock that has been seen.
There is also a sense of moderate optimism when it comes to new rental listings and new lease signings. A 28% share of real estate agents believe that there will be more houses to rent in their portfolio, while 30.9% say that the number of listings will remain the same and 21.1% admit that there will be less supply.
The trend in closed leases is similar, with nearly a third of professionals estimating they will maintain the same level of operations, 27.6% expecting more rentals and 20.7% saying they will rent fewer homes this quarter.
idealista calculates the Real Estate Sector Sensitivity Index (ISSI) based on the views of real estate professionals in Portugal, who participate in a quarterly survey. This national index shows the real estate sector's level of satisfaction and forecasts for the home buying and selling market, as well as the residential rental market. The ISSI scale ranges from 0 to 100, where zero corresponds to general dissatisfaction and 100 corresponds to a maximum degree of satisfaction.