According to Público, based on the bank's half-yearly report and financial statements published this summer, one of the risks identified nationwide is "the sustainability of housing market prices, which have more than doubled in the last ten years."

This issue, in fact, also raises concerns at BCP, which, in its report, mentions "uncertainty regarding the evolution of sales prices in the real estate market." The bank believes, however, that this risk is currently lower than other risks, such as those linked to the geopolitical situation.

Regarding housing loans, which are somewhat boosting the home buying and selling business, particularly following government initiatives to support young people up to 35 years old – such as the exemption from IMT (real estate transfer tax) and the State's public guarantee – Montepio believes that housing prices have risen due to "rising disposable income, demand from resident and non-resident foreigners, rising construction costs, and a slow adjustment in supply." But it leaves a warning: “The evolution of the performance of loans for home purchases and credit impairments remains uncertain in a scenario of economic degradation and higher unemployment levels.”