The median value of bank valuation of the same square meter, in June this year, was 1,407 euros, and in January 1,292 euros, according to the results of the institute's November survey.
In year-on-year terms, the rate of change in the median bank valuation value on housing was 13.9% in November, up from the 13.5% increase in October.
The biggest increase in November, compared to the previous month, was registered in the Centre (2.3%) and the only decrease was verified in the Autonomous Region of the Azores (-0.6%), according to the data.
Compared to November 2021, the median value of assessments grew by 13.9%, with the most intense variation being recorded in the Algarve (17.6%) and the lowest in the North (11.7%).
In apartments, in November, the median bank valuation value of apartments was 1,610 euros/m2, having increased by 14.9% compared to November 2021, with the highest values in the Algarve (1,993 euros/m2) and in Área Metropolitana de Lisbon (1,917 euros/m2), and the lowest value in Alentejo (1,041 euros/m2). The Autonomous Region of the Azores had the highest year-on-year growth (21.6%) and the North the lowest (12.5%).
As for houses, the median value of the bank valuation was 1,148 euros/m2 in November, 11.3% more than in the same month of 2021, with the highest values in the Algarve (2,102 euros/m2) and in the Metropolitan Area of Lisbon ( 1,996 euros/m2), and the lowest values in the Center and Alentejo (945 euros/m2 and 950 euros/m2, respectively). The Algarve and the Autonomous Region of Madeira had the highest year-on-year growth (19.6%) and the Center the lowest (10.5%).
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