In March 2019

Average value of housing bank evaluation in the Autonomous Region of Madeira decreased from the previous month and increased year-on-year

In March 2019, the average value of bank appraisals on housing in the Autonomous Region of Madeira reached €1 321/sq meter, decreasing by 1.9% from February 2019 and increasing by 4.2% from the year-ago month.

For the flats located in the Autonomous Region of Madeira, the average value of bank appraisals in the month of reference was €1 345/sq meter. In the case of row houses the value was slightly lower (€1 284/sq meter).

For Portugal, that same variable stood at €1 247/sq meter in the month of reference, 0.6% above the previous month. The year-on-year change rate was +6.9%.

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