Mariana Adam
mariana.adam@economico.pt
The average value of bank evaluation of housing, held in connection with the granting of loans, was up almost 2% in the Lisbon region.
The value that banks assess the houses at the time of granting credit to housing is a leading indicator of the price of real estate in Portugal and one of the thermometers to measure the economic recovery.
data released this morning by the National Statistics Institute (INE) show that in July, the average price of bank valuation of homes in Portugal stood at 1,019 euros per square meter, representing an increase of 1.3% over the before, and 0.5% month, taking into account the same period.
The INE said that “the greatest contribution to the aggregate result” was the Lisbon region with a variation of 1.9% and an average appraised value of 1221 euros / m2, which represents more than 23 euros in June.
The same source adds that the average value of bank evaluation recorded monthly increases in all regions except the Autonomous Region of Madeira – had a decrease of 0.9% in chain (for 1,135 euros / m2)
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