In February 2020
Average value of housing bank evaluation in the Autonomous Region of Madeira increased from the previous month and year-on-year
According to the information released today by Statistics Portugal (INE), in February 2020, the average value of bank appraisals on housing in the Autonomous Region of Madeira reached €1 429/sq meter, increasing by 1.3% from January 2020 and by 6.2% 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 €1 484/sq meter. In the case of row houses the value was lower (€1 349/sq meter).
For Portugal, that same variable stood at €1 337/sq meter in the month of reference, 0.5% above the previous month. The year-on-year change rate was +7.9%.
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