The median value of bank valuation of the same square meter,
in June this year, was 1,407 euros, and in January 1,292 euros, according to the
results of the institute's November survey.
In year-on-year terms, the rate of change in the median bank
valuation value on housing was 13.9% in November, up from the 13.5% increase in
October.
The biggest increase in November, compared to the previous
month, was registered in the Centre (2.3%) and the only decrease was verified
in the Autonomous Region of the Azores (-0.6%), according to the data.
Compared to November 2021, the median value of assessments
grew by 13.9%, with the most intense variation being recorded in the Algarve
(17.6%) and the lowest in the North (11.7%).
Apartment prices
In apartments, in November, the median bank valuation value
of apartments was 1,610 euros/m2, having increased by 14.9% compared to
November 2021, with the highest values in the Algarve (1,993 euros/m2) and in
Área Metropolitana de Lisbon (1,917 euros/m2), and the lowest value in Alentejo
(1,041 euros/m2). The Autonomous Region of the Azores had the highest year-on-year
growth (21.6%) and the North the lowest (12.5%).
House prices
As for houses, the median value of the bank valuation was
1,148 euros/m2 in November, 11.3% more than in the same month of 2021, with the
highest values in the Algarve (2,102 euros/m2) and in the Metropolitan Area of
Lisbon ( 1,996 euros/m2), and the lowest values in the Center and Alentejo (945
euros/m2 and 950 euros/m2, respectively). The Algarve and the Autonomous Region
of Madeira had the highest year-on-year growth (19.6%) and the Center the lowest
(10.5%).