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Percentage change on previous year of residential property prices in Belgium from Q2 2007 to Q2 2020

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Source

Release date

November 2020

Region

Belgium

Survey time period

Q2 2007 to Q2 2020

Special properties

Includes all residential property types

Supplementary notes

Data has been compiled by ÌÇÐÄÆƽâ°æ using the following sources:

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  • .

Citation formats

Annual house price change in Belgium 2007-2020, per quarter

Published by ÌÇÐÄÆƽâ°æ Research Department, Nov 2, 2020
Belgium's house prices grew by more than *** percent year-on-year (or *** percent when adjusted for inflation) in early 2020, a slowdown from previous quarters. Nonetheless, figures from the first quarter of 2020 followed a similar pattern as earlier numbers, because house prices in the country continued to rise. Although not at the level of the housing boom of the years prior to 2008, residential property prices in Belgium followed economic performance. House prices grew when Belgium's economy performed well, but stagnated when the economy slowed down. What the influence of COVID-19 will be for the housing market remains to be seen, although many banks already lowered their economic outlooks in March 2020.
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