Summary
The average value of housing bank appraisals in Portugal stood at €1093/sq meter in October. The monthly and annual change rates were -1.0% and -3.5%, respectively (-0.1% and -3.2% in the previous month, by the same order). In Lisboa and Porto Metropolitan Area the average value decreased 0.5% and 1.6%, respectively, from September. The year-on-year change rates for these Metropolitan Areas were -4.7% and -5.3%, by the same order.