In February 2018

Average value of housing bank evaluation in the Autonomous Region of Madeira decreased slightly compared to the previous month but increased year-on-year

In February 2018, the average value of housing bank appraisals in the Autonomous Region of Madeira reached €1 271/sq meter, decreasing by 0.6% from January 2018 and increasing by 5.3% from the same period of the year before.

For the flats located in the Autonomous Region of Madeira, the value of bank appraisals in the month of reference was €1 286/sq meter. In the case of row houses the value was lower (€1 252/sq meter).

For Portugal, that same variable stood at €1 160/sq meter in the month of reference, 0.6% above the previous month. The year-on-year change rate was +4.6%.