In October, the banking valuation of the houses reached the highest value in the last 12 months. The average value for the country's total represented an increase of 5.6% over the homologous period of the previous year.

The bank's valuation of houses reached the highest value in the last 12 months in October, standing at 1,141 euros per square meter, six euros above the value of September, the National Statistics Institute (INE) said on Tuesday.

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