Survey on bank evaluation on housing
Average value of the bank appraisals maintains downward trend
- November 2011
28 December 2011
Summary
The average value of housing bank appraisals in Portugal stood at €1088/sq meter in November. The monthly and annual change rates were -0.5% and -3.8%, respectively. In Lisboa and Porto Metropolitan Area the average value decreased 1.6% and 0.4%, respectively, comparing with the values observed in October. The year-on-year change rates for these Metropolitan Areas were -6.3% and -4.8%, by the same order.