Summary
The average value of housing bank appraisals in Portugal stood at €1008/sq meter in January, down by 1.1% from the value observed in December and 5.2% in year-on-year terms (in the previous month these change rates were -0.2% and -5.1%, respectively). In Lisboa and Porto Metropolitan Area the average value decreased 1.2% and 1.3%, respectively, when compared with December. The year-on-year change rates for these Metropolitan Areas were -5.5% and -5.2%, by the same order.