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Bank valuations of housing reach record €2,240/m² in July

The National Institute of Statistics reported that bank valuations of housing rose in July, setting a new record.

26 August 2026Tagblick Newsdesk

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Archive photo: Bank valuations of housing reach record €2,240/m² in July — Archive photoPhoto: Maria Eugênia Sans · Wikimedia Commons · CC BY-SA 4.0

The median value of bank valuations for housing in Portugal saw a significant increase in July 2023, reaching €2,240 per square meter. This increase represents a rise of 15.2% compared to the same month last year, 2022.

According to data released by the National Institute of Statistics (INE), there was a growth of €12 compared to the previous month, marking a new historic high in valuations.

This increase in bank valuations reflects an ongoing trend in the real estate market, where demand and property appreciation appear to be reaching high levels.

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