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Belgium Price History-Belgian house prices post strong gains in Q1 2010 | Global Property Guide. By Lalaine C. Delmendo Belgium’s housing market is now weakening, mainly due to stricter banking criteria and worsening economy. Prices of “regular” houses in Belgium rose by 2.6% in 2012, to €194,394 (0.17% inflation-adjusted), according to Statistics Belgium (StatBel). Quarter-on-quarter, house prices actually dropped 0.87% (-1.23% inflation-adjusted) in Q4 2012. Eurostat figures also showed that the Belgian housing market is slowing. House prices in the country rose by just 1.19% in 2012 from the previous year, after rising by 3.45% y-o-y in 2011. When adjusted for inflation, house prices actually dropped by 1.21% over the same period. By property-type: The average price of villas and bungalows dropped by 0.9% to €329,417 Apartment prices rose by 0.9%, to an average of €202,844 During Belgium’s housing boom (2000-Q3 2008), nationwide house prices soared by 129% (86% inflation-adjusted).
Residential construction is also down. Regional house price variations Record low mortgage rates. Hypothecair krediet advies.