In June 2016

Average value of housing bank evaluation in the Autonomous Region of Madeira increased

In June 2016, the average value of housing bank appraisals in the Autonomous Region of Madeira reached €1 196/sq meter, increasing by 2.1% from May 2016 and by 4.5% from the same period of the year before.

For Portugal, that same variable stood at €1 065/sq meter in the month of reference, 0.5% above the previous month. The year-on-year change rate was +3.4%.

For the flats located in the Autonomous Region of Madeira, the value of bank appraisals in the month of reference was €1 175/sq meter. In the case of row houses the value was higher (€1 226/sq meter).

AVB juneEN