House prices in Portugal and eight other EU member states have more than doubled since 2010, according to the European Commission's autumn economic forecasts. The report highlights

strong growth in house prices across the EU over the past decade, particularly during the pandemic.

While Germany and the Netherlands have seen prices double, Portugal, Ireland, the Czech Republic, Austria, Luxembourg, Latvia, and Lithuania have experienced even more significant growth.

Despite some real estate markets cooling since mid-2022, certain countries like Bulgaria, Croatia, Greece, Portugal, and Slovenia continue to see constant price growth, the report notes. The EU anticipates that housing prices will remain under pressure in the coming quarters due to restrictions on households' borrowing capacity before resuming growth.