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Average value of housing bank appraisals increases
Survey on bank evaluation on housing
Average value of housing bank appraisals increases - June 2013
26 July 2013

Summary

The average value of housing bank appraisals in Portugal stood at €1014/sq meter in June, up by 1.8% from the value observed in the previous month (change rate of 1.2% in May). The year-on-year change rate was -2.4% (-5.0% in the previous month). In Lisboa and Porto Metropolitan Area the average value increased 2.5% and 1.0%, respectively, when compared with May. The year-on-year change rates for these Metropolitan Areas were -3.2% and -2.1%, by the same order. The average value of housing bank appraisals for these regions stood, in June, at €1197/sq meter e 944/sq meter, respectively.


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