The average value of housing bank appraisals in Portugal stood at €984/sq meter in April, up by 3 Euros from the previous month (change rate of 0.3%), after a strong reduction of €17/sq meter in March. The year-on-year change rate was -6.9%, the same rate observed in March. In Lisboa and Porto Metropolitan Area the average values were -0.2% and 0.1%, respectively, when compared with March. The year-on-year change rates for these Metropolitan Areas decreased 8.0% and 4.4%, by the same order.