2022 Edition 22 MONTHLY STATISTICAL BULLETIN Bank appraisals increased to €1,407 per square metre The median bank appraisal value in June 2022 was €1,407 per m2, up €27 (2.0%) compared to May. The largest increase over the previous month was recorded in Algarve (3.0%). Região Autónoma dos Açores was the only region that recorded a negative rate of change (-0.7%). In comparison with the same period of the previous year, the median value of the appraisals increased by 15.8% (13.9% in May). The highest rate of change was recorded in Algarve (20.4%) and the lowest occurred in Região Autónoma dos Açores (6.5%). Median value of bank appraisals – June 2022 Apartments and houses (euros/m2) In June, the number of reported bank appraisals that support the results presented was around 29,200, down by 2.7% compared to the same month last year. Of these appraisals: • About 18,600 were apartment appraisals; • Some 10,600 concerned houses. In comparison with the previous month, there were 3,891 fewer bank appraisals (-11.7%). In June 2122, concerning the type of dwelling and in year-on-year terms, the median bank appraisal value: • In apartments, it increased by 16.7%, to €1,563/m2; • Regarding houses, it went up by 12.1%, to €1,122/m2. In June 2022, compared to the previous month, the median bank appraisal: • Concerning apartments: » In the two-bedroom apartments (T2) it increased by €26, to €1,576/m2; » In T3, it increased by €27, to €1,398/m2. These two typologies represented, as a whole, 78.9% of the apartment appraisals carried out. • Regarding houses: » In the two-bedroom apartments (T2), it went down by €3, to €1,062/m2; » In T3, it increased by €19, to €1,106/m2; » In T4, it rose by €27, to €1,185/m2. These three types of housing together accounted for 88.7% of the house appraisals. More information is available at: Survey on bank evaluation on housing – June 2022 (27 July 2022) €1,563 €1,122 0 500 1,000 1,500 2,00 2,500 RA Madeira RA Açores Algarve Alentejo AM Lisboa Centro Norte Portugal Houses Apartments
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