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The average value of bank valuations increased from 4 euros in June to 1,180 euros per square meter – a new record since the end of 2008. According to the National Institute of Statistics (INE), compared to in the same month of 2017, the average value increased by 6.1%.
The average is calculated from new bank loan transactions for the purchase of a home. INE reported that the average value of assessments increased by 68% in June (corresponding to 6.1%), with housing and housing values increasing by 6.9% and 4.1% respectively. compared to the same period last year.
In regional terms, "the highest annual rate of change for all assessments was in the autonomous region of Madeira (8.0%) and the lowest in Alentejo (2.6%) [19659002] 
INE data refer to the month of June, month in which the Bank of Portugal indicated that some signs of overvaluation of real estate prices in Portugal, especially in the residential segment At this stage, looking at the available data, the Banco de Portugal considers that the indications of overvaluation are "very limited", but leaves the warning: "the duration and speed of growth of prices may involve risks for financial stability in the event the CMVM has issued an alert, noting the "issues" on the "sustainability" of real estate prices in the country after the "pronounced increase" recorded since 2012 and accelerated from 2015.
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