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In July 2019

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

In July 2019, the average value of bank appraisals on housing in the Autonomous Region of Madeira reached €1 367/sq meter, dropping by 0.4% from June 2019 and increasing by 4.0% 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 €1 401/sq meter. In the case of row houses the value was lower (€1 326/sq meter).

For Portugal, that same variable stood at €1 283/sq meter in the month of reference, 0.9% above the previous month. The year-on-year change rate was +8.1%.

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