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In December 2017

Average value of housing bank evaluation in the Autonomous Region of Madeira maintained an upward trend

In December 2017, the average value of housing bank appraisals in the Autonomous Region of Madeira reached €1 304/sq meter, increasing by 0.3% from November 2017 and by 5.9% from the same period of the year before. This indicator rose consecutively in the last six months of 2017.

For the flats located in the Autonomous Region of Madeira, the value of bank appraisals in the month of reference was €1 327/sq meter. In the case of row houses the value was lower (€1 278/sq meter).

For Portugal, that same variable stood at €1 150/sq meter in the month of reference, 0.5% above the previous month. The year-on-year change rate was +4.5%.

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Annual values show growth

With the year 2017 now complete, the figures show that the average annual value of the bank evaluation on housing in Madeira stood at €1 253/sq meter, up by 5.1% from 2016, with an increase in row apartments of 5.8% and in houses of 4.4%. The average value for the apartments stood at €1 269/sq meter and at €1 235/sq meter for row houses.

In Portugal, the rates changes were +5.3% for apartments, +4.9% for row houses and +5.0% for the overall of dwellings.

International Statistical Cooperation

MAC14 20

International Statistical Cooperation

MAC14 20

Statistical Literacy

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Statistical Literacy

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