Survey Bank Evaluation on Housing, October 2014, INE

Page created: Tuesday, 25 November 2014 11:00GMT | Updated: Tuesday, 25 November 2014 15:45GMT

Press Release:  25 November 2014 - 1 Page(s)
Tags:
Housing Figures   Housing Loans

The average value of housing bank appraisals in Portugal decreased 1.5% compared to September. The average value stood at €1014/sq meter in October. Compared with October 2013 there was a decrease of 0.5% (increase of 1.5% in September). The Metropolitan areas of Lisbon and Porto, with average values of bank appraisals of €1221/sq meter and €952/sq meter, registered monthly change rates of -1.6% and -0.6%, respectively, while the annual changes stood at -0.7% and 2.6%, by the same order.



Original title:  Bank appraisals average value reduces more significantly - October 2014