SYNTHESIS INE@COVID-19, 3-Nov-2021

November . 03 . 2021 SYNTH SIS IN @ COVID-19 www.ine.pt page 5/16 Communication Unit | tel: +351 21 842 61 10 | sci@ine.pt More information is available at: Survey on bank evaluation on housing – September 2021 (27 October 2021) In September, the number of reported bank appraisals, which support the results presented, was around 28,300 (+19.4% on the same month last year). Of these: • About 17,900 concerned apartments; • About 10,400 referred to appraisals on houses. The analysis by type of dwelling reveals that, in September 2021, in year-on-year terms, the median bank appraisal value: • In apartments, it increased by 11.0% to €1,369/m 2 ; • In houses, it increased by 4.7%, to €998/m 2 . In September 2021, compared to the previous month, the median bank appraisal value: • Concerning apartments: » T2 apartments, it rose by €21, to €1,402/m 2 ; » T3 apartments increased by €4, to €1,221/m 2 . These two typologies represented, as a whole, 80.5% of the bank appraisals on apartments carried out. • In houses: » T2 type, it rose by €7, to €930/m 2 ; » T3 type, it increased by €7, to €988/m 2 ; » T4 type, it increased by €11, to €1,049/m 2 . These three types together accounted for 89.1% of housing appraisals. 1,369 € 998 € 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 Median value of bank appraisals – September 2021 Apartments and houses (euros/m 2 ) The consumer confidence indicator declines and the economic climate indicator increases In October 2021: • The Consumer Confidence indicator decreased, after having increased in the two previous months; • The economic climate indicator increased, reaching the level recorded in February 2020, after having shown an irregular performance since July; • The confidence indicators increased in the activities Construction and Public Works, Trade, and Services , slightly in the former case and significantly in the latter; Economic Climate Indicator 2.4% -3.0% -2.0% -1.0% 0.0% 1.0% 2.0% 3.0% Oct-20 Nov-20 Dec-20 Jan-21 Feb-21 Mar-21 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21