January . 06 . 2022 SYNTH SIS IN @ COVID-19 www.ine.pt page 2/5 Communication Unit | tel: +351 21 842 61 10 | sci@ine.pt More information is available at: Survey on bank evaluation on housing – November 2021 (28 December 2021) Median value of bank appraisals – November 2021 Apartments and houses (euros/m2) In November, the number of reported bank appraisals, which support the results presented, was around 29.6 thousand (8.7% more than in the same month of the previous year). Of these: • About 18,900 were apartment appraisals; • Some 10,700 were house appraisals. The analysis by type of dwelling reveals that, in November 2021 and in year-on-year terms, the median bank appraisal value: • In apartments, it increased by 11.9%, to €1,401/m2; • Concerning houses, it increased by 8.1%, to €1,031/m2. In November 2021, compared to the previous month, the median bank appraisal value: • In apartments: » In T2 type apartments it rose by €10, to €1,422/m2; » In T3 apartments, it increased by €19, to €1,248/m2. These two types together accounted for 80.3% of the apartment appraisals carried out. • In houses: » T2: it rose by 20 euros, to €976/m2; » T3: it increased by €22, to €1,019/m2; » T4: it grew by €14, to €1,092/m2. These three types together accounted for 88.9% of the house appraisals. €1,401 €1,031 €0 €200 €400 €600 €800 €1.000 €1,200 €1,400 €1,600 €1,800 €2,000 RAMadeira RAAçores Algarve Alentejo AM Lisboa Centro Norte Portugal Houses Apartments Retail trade sales increased by 9.9% In November 2021, the Retail Trade sector registered the following year-on-year rates of change: • Turnover Index1: 9.9% (3.3% in October); • Employment index: 2.3% (2.0% in October); • Wages and salaries index: 4.8% (5.8% in October); • Hours worked index2: 4.9% (1.8% October). The month-on-month rate of change of the Retail Trade Turnover Index in November was 2.8% (2.3% in the previous month). 1 Total index, adjusted for calendar and seasonal effects, deflated. 2 The index of hours worked was adjusted for calendar effects.
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