SYNTHESIS INE@COVID-19, 7 Oct-2021

October . 07 . 2021 SYNTH SIS IN @ COVID-19 www.ine.pt page 2/11 Communication Unit | tel: +351 21 842 61 10 | sci@ine.pt More information is available at: Survey on bank evaluation on housing – August 2021 (27 September 2021) In August, the number of reported bank appraisals, which support the results presented, was approximately 29,300 (+35.3% as in the same month last year). Of these: • About 18,600 were apartment evaluations; • Around 10,600 referred to house appraisals. The analysis by type of dwelling reveals that, in August 2021 and year-on-year, the median bank appraisal value: • In apartments, it rose by 9.9% to €1,356/m 2 ; • Concerning houses, it increased by 3.2%, to 987/m 2 . Median value of bank appraisals – August 2021 Apartments and houses (Euros/m 2 ) In August 2021, compared to the previous month, the median value of bank appraisals: • In apartments: » T2: it rose by €14 to €1,381/m²; » T3: it increased by €3, to €1,217/m 2 . These two typologies accounted for 81.0% of the apartment appraisals carried out. • Concerning houses: » T2: it decreased by €16, to €923/m 2 ; » T3: it went down by €7, to €981/m 2 ; » T4: it decreased by €12, to €1,038/m 2 . The set of these three types of housing together accounted for 89,1% of the appraisals on houses. Median rent on new leases increased by 11.5% In the 2 nd quarter of 2021: • The median house rental value of around 20,600 new leases in Portugal amounted to €6.03/m², which corresponds to a year-on-year rate of change of +11.5% (+5.3% in the previous quarter); • Also year-on-year, median house rental value increased in 20 of the 25 NUTS III sub-regions, with a focus on: » Oeste (+12.3%); » Região de Aveiro (+11.9%); » Região Autónoma da Madeira (+11.3%); » Área Metropolitana do Porto (+10.2%); 1,356 € 987 € 0 € 200 € 400 € 600 € 800 € 1,000 € 1,200 € 1,400 € 1,600 € 1,800 € RAMadeira RAAçores Algarve Alentejo AM Lisboa Centro Norte Portugal Houses Apartments