Survey on bank evaluation on housing
Average value of the bank appraisals maintain downward trend
- August 2011
28 September 2011
In August, the average value of housing bank appraisals in Portugal stood at €1105/sq meter. Comparing with July, the change rate was -0.8%, whereas the year-on-year change rate stood at -4.0% (-4.1% in July). In the Lisboa Metropolitan Area the average value decreased 1.1%, while in the Porto Metropolitan Area it grew 0.7%. The year-on-year change rates for these Metropolitan Areas were -5.7% and -4.7%, respectively.