# Portugal: housing bank valuation reaches new record in June (Publico, 28 July 2020) * **House bank valuation reaches new record in June** * Original headline in Portuguese: *Avaliação bancária da habitação atinge novo recorde em Junho* * Published on Publico.pt on 28 July 2020 * * **Summary (via Google Translate):** * The article focuses on the rise of the median value of bank valuation (used to determine the loan to value ratio in a home loan application and will impact the amount that a **bank** is willing to lend) in Portugal. * "The median value was 1209 euros / m2 in apartments and 971 euros / m2 in houses, both of which grew more than 8% in the past month." The median value of bank valuation rose by one euro, to 1115 euros per square meter (m2) in June compared to the previous month. * The highest values ​​were observed in the **Algarve (1612 euros / m2) and in the Metropolitan Area of ​​Lisbon (1483 euros / m2)**, with the central region registering the lowest value (844 euros / m2). * **Keywords**: Portugal, housing market, property market, real estate market, housing prices, financialisation, financialization --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://housing-base.journalismarena.eu/access-to-housing/media-stories/2020/portugal-housing-bank-valuation-reaches-new-record-in-june-publico-28-july-2020.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.