Survey on bank evaluation on housing
Average value of the bank appraisals intensifies negative year-on-year change rate
- March 2012
26 April 2012
The average value of housing bank appraisals in Portugal, in March, fell 0.3% when compared with the previous month, standing at €1052/sq meter. The year-on-year change rate was -8.6% (-7.4% in the previous month). Comparing with the previous month, the average value in the Lisboa Metropolitan Area decreased 1.0% in March, while it grew 0.2% in the Porto Metropolitan Area. The year-on-year change rates for these Metropolitan Areas were -10.7% and -8.1%, respectively.