Housing prices in Belgium have increased

Main information – Housing prices belgium have increased

• The annual inflation rate for housing prices in the first quarter of 2025 was 2.7 percent, a slight drop compared to the 2.8 percent of the previous quarter.
• The housing price index increased by 0.7 percent from the previous quarter, reaching 143.12 points (with 2015 as a basic year).
• In the first quarter of 2025, the annual inflation rate was 0.3 percent for new housing and 3.6 percent for existing dwellings.

The price of housing prices – Housing prices belgium have increased

Annual inflation of housing prices in Belgium for the first quarter of 2025 reached 2.7 percent, a slight decrease compared to 2.8 percent in the previous quarter. In addition, This corresponds to an average inflation of 3.1 percent in the last four quarters. Nevertheless, The housing price index increased by 0.7 housing prices belgium have increased percent from the previous quarter, reaching 143.12 points (with 2015 as a basic year). Nevertheless, This reports Statbel.

Calculation of the housing price index

A harmonized methodology is used by the Member States of the European Union to calculate the price index of housing. For example, which makes it possible to compare real estate price trends in different countries. For example, The index follows the price variations in new. existing housing purchased by households, regardless of the use for which they are intended.

It is important to note that the index reflects the pure evolution of prices assuming that the characteristics of. the goods sold remain constant. This means that it excludes qualitative changes through a hedonic model. An increase in the average sale price of housing due to a larger volume of sales does not necessarily. imply an increase in the price of housing prices.

Decomposition of the index

housing prices belgium have increased

Data from the General Administration of the Heritage Documentation of the SPF Finances constitute the. basis of the price of real estate prices. The preliminary results of the last quarters are likely to be revised according to the availability of additional data. during the following quarter.

The real estate price index can be divided into two categories: new housing and existing accommodation. In the first quarter of 2025, the annual inflation rate was 0.3 percent for new housing and 3.6 percent for existing dwellings. These two categories contribute respectively to 29.6 percent and 70.4 percent to the overall index for 2025.

In addition, the price index of existing housing has been ventilated by region since 2010. In the first quarter of 2025, the inflation rate for existing housing amounted to 3.3 percent in Flanders, 2.3 percent in Brussels and 5.4 percent in Wallonia.

Comparison with neighboring countries

In the fourth housing prices belgium have increased quarter of 2024, Belgium recorded an inflation of 2.8 percent, against 3.6 percent in the previous quarter.

The Netherlands noted an inflation of 10.8 percent during this same period, against 10.4 percent in the third quarter of 2024. France saw inflation increase by -3.5 percent in the third quarter to -1.9 percent in the fourth quarter. Germany has seen inflation go from -0.4 percent to the previous quarter to 1.9 percent in the fourth quarter. For the euro zone as a whole, inflation increased from 2.7 percent in the third quarter from 2024 to 4.2 percent in the fourth quarter of 2024.