House prices in Portugal went up in May for the first time since August 2010, according to an index based on information from more than 1,400 real estate agents released on Thursday.
The index showed that prices rose 0.4% between April and May this year.
The rise was seen both in new houses, which went up 0.3% and older properties that rose 0.4%.
The year on year figures were negative (-3.1%), but not as much as in previous months where this figure fluctuated between -4.1% and -4.6%.
In Portugal’s second city of Porto the price-rises started to be seen in April.
The index looked at about half a million properties.
