Portugal - Residential Building Completions

Portugal: Residential Building Completions

Unit #, NSA
Adjustments Not Seasonally Adjusted
Quarterly 2.86 %
Data 2022 Q4 2,838
2022 Q3 2,759

Series Information

Source Instituto Nacional de Estatística - Portugal (Statistics Portugal)
Release Building Completions
Frequency Quarterly
Start Date 3/31/2002
End Date 12/31/2022

Portugal: Real Estate

Reference Last Previous Units Frequency
Building Permits Jan 2023 1,981 1,524 #, NSA Monthly
Non-residential Building Permits Jan 2023 476 412 #, NSA Monthly
Residential Building Permits Jan 2023 1,505 1,112 #, NSA Monthly
Building Completions 2022 Q4 3,741 3,685 #, NSA Quarterly
Non-residential Building Completions 2022 Q4 903 926 #, NSA Quarterly
Residential Building Completions 2022 Q4 2,838 2,759 #, NSA Quarterly
Dwelling Stocks 2021 6,002,874 5,983,606 # Annual
House Price Value Feb 2020 1,337 1,330 EUR per m², NSA Monthly

Release Information

Buiding Completions: When a document is signed by the client at the request of the contractor, builder or subcontractor certifying or certifying work for purposes of assessment of experience as part of the classification process.

The dataset differentiates between "dwellings" and "residential buildings."  Although the latter term is not defined, based on their relative numeric values and the two definitions below, we infer that a "dwelling" is a "dwelling unit."  For example, a single-family home counts as one dwelling and one residential building, whereas a ten-unit apartment building counts for ten dwellings and one residential building.

DWELLING: A separate and independent place which was built, rebuilt, enlarged or converted to be used as a private accommodation, and that is not totally occupied for other purposes during the reference period. Separate means that the place is enclosured by classic or any other type of walls, covered, and allowing a person or group of persons to sleep, cook and shelter from intemperate weather, apart from other members of the collectivity. Independent means that its occupants do not have to pass or go through any other dwelling to get in or out the dwelling they live in.

BUILDING: Any independent free-standing structure comprising one or more rooms or other spaces, covered by a roof, enclosed with external walls or dividing walls which extend from the foundations to the roof, and intended for residential or other purposes.

Release is subject to revisions