House valuation remained at 1.128 euros in September

In year-on-year terms, this figure represents a slowdown, with the rate of change easing from 7,0% in August to 5,8% in September. The number of bank appraisals was around 24 thousand, 3,0% more than in the same period of the previous year.

The average value of the house valuation remained in September the same record verified in the previous month of 1.128 euros \ m2, according to the Survey on Banking Assessment in Housing (IABH) of the National Statistics Institute (INE) released this Wednesday. October 28th.

The largest increase was registered in the Autonomous Region of Madeira (3,2%), while the largest decrease was seen in the Center (1,4%). In comparison with the same period of the previous year, the average value of the evaluations grew 5,8%, registering the most significant variation in the North region (7,4%) and a single decrease, in the Autonomous Region of Madeira (0,2, XNUMX%).

Apartments
In terms of apartments, the average value of the bank evaluation was 1.233 euros / m2, having increased by 7,1%
relative to the same month. The highest value was observed in the Algarve (1.507 euros / m2) and the lowest in the
Alentejo (842 euros / m2). The North presented the most expressive growth (8,7%) and the Autonomous Region of the Azores the only decrease (2,4%).

Compared to the previous month, the value of the valuation decreased 0,1%, with the Autonomous Region of Madeira presenting the highest increase (3,4%) and the Autonomous Region of the Azores the most accentuated decrease (-4,5%). The average value for apartments of type T2 increased by 1 euro, to 1.253 euros / m2, while T3 decreased by 4 euros, to 1.120 euros / m2. Together, these typologies accounted for 81,0% of apartment evaluations carried out in September.

Houses
In relation to housing, the average value of the appraisal was 953 euros / m2 in September, which represented an increase of 4,3% in relation to the same month of the previous year. The highest values ​​were observed in the Algarve (1.548 euros / m2) and in the Metropolitan Area of ​​Lisbon (1.528 euros / m2), with the Center registering the lowest value (797 euros / m2).

The Autonomous Region of the Azores showed the highest growth (9,7%), with the greatest decrease occurring in the Autonomous Region of Madeira (2,3%). In relation to the previous month, the Autonomous Region of Madeira showed the largest increase (3,3%), with the most pronounced decrease in the Algarve (1,8%).

Compared to August, T2, T3 and T4 housing values ​​accounted for 58,4% of the assessments, reaching 815 euros / m2 (minus 8 euros), 856 euros / m2 (minus 6 euros) and 952 euros / m2 (plus 6 euros), respectively.

The number of bank appraisals was 23.711, 3,0% more than in the same period last year. Of these, 14.837 were for apartments and 8.874 for houses. In comparison with the month of August, 2.052 more evaluations were carried out.

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