Bank valuation of housing is increasing – Expresso

Bank valuation of housing is increasing – Expresso

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The average value of bank evaluation on housing, held under the lending, increased 1.3% in July from the previous month, and 0 5% compared to July last year, the data indicate published on Monday by the National Statistics Institute (INE)

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The Lisbon region is that most contributed to this increase and is to underline the fact that the only area in which there has been an increase in bank evaluation have been to Madeira. The autonomous region there was even a decrease of 0.9% from the mean.

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You need to pull back until October 2013 to meet the same average appraised value recorded this past month July (1019 euros / m2). Since October, the average was down to April (990 euros / m2), increasing thereafter

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Among the average appraised value of apartments and villas, the villas are located below the apartments. The average value for T2 and T3 stood in the country, at 1030 euros / m2 and 1033 euros / m2, respectively. Already the villas are located at 950 euros / m2.

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If you look at the increase recorded in July, by municipality, one realizes that in the regions of Sierra Star and Douro registered some of the highest increases (both 3.7%). How to metropolitan areas, the average value increased 23 euros / m2 in Lisbon between June and July, and 12 euros / m2 in the Porto Metropolitan Area.

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