SYNTHESIS INE@COVID-19, 30 Aug-2021

www.ine.pt page 1/2 Communication Unit | tel: +351 21 842 61 10 | sci@ine.pt Statistics Portugal makes available the weekly report for monitoring the social and economic impact of the COVID-19 pandemic. This report covers the press release concerning: - Survey on bank evaluation on housing – July 2021, published on 27 August. For further details, see the link available throughout this press release. August. 30 . 2021 SYNTH SIS IN @ COVID-19 Bank appraisals increased to €1,221 per square metre The median bank appraisal value in July 2021 was €1,221 per m 2 , up €6 on the previous month. The largest increase relative to the previous month was recorded in Algarve (2.1%), while Região Autónoma da Madeira registered the sharpest decrease (-0.4%). In comparison with the same period of the previous year, the median value of bank appraisals rose by 8.3% (8.6% in June), with the highest rate of change recorded in Áea Metropolitana de Lisboa (8.1%) and the least in Alentejo (2.4%). In July, the number of reported bank appraisals, which support the results presented, was approximately 30,500 (+53.6% on the same month last year). Of these: • About 19,400 were apartment evaluations; • 11,000 referred to house appraisals. The analysis by type of dwelling reveals that, in July 2021 and year-on-year, the median bank appraisal value: • In apartments, it increased by 9.8% to €1,350/m 2 ; • Concerning houses, it increased by 3.5%, to 998/m 2 .