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Property Prices in Belgium: House Price Index - Existing Dwellings (2015=100)

Belgium

Source: European Central Bank (ECB)

House prices in Belgium, % change 1 yr

Nominal and inflation-adjusted ('real')

Belgium

Quarterly change in house prices, inflation-adjusted

 Q1Q2Q3Q4
2023-6.18%-5.19%
2022-7.03%-2.44%4.1%-2.77%
2021-0.43%-0.72%4.5%4.87%
2020-4.78%11.2%-2%2.08%
20192.91%-3.52%5.59%2.86%
20185.95%-8.31%5.81%-1.17%
2017-2.71%-0.5%1.05%0.51%
2016-4.29%2.26%2.52%0.46%
20151.2%-3.46%-0.95%1.83%
2014-3.55%4.96%6.72%-2.2%
20130.4%9.92%-3%-3.07%
2012-11.43%12.98%-7.94%-2.35%
2011-0.18%1.32%-2.2%2.62%
20103.64%0.61%4.96%1.75%
2009-4.41%2.26%3.25%2.6%
20082.09%-0.77%-0.39%-3.63%
20070.79%1.22%6.32%-5.95%
20066.43%-0.46%1.56%7.15%
200537.63%-0.96%2.99%1.73%
2004-5.26%2.08%-2.25%3.94%
2003-4.44%5.83%-1.43%8.5%
20023.32%-1.7%3.03%7.86%
20012.62%-1.76%5.34%-7.85%
20006.01%-6.9%5.09%0.99%
1999-0.42%6.1%-1.03%-3.36%
1998-5.02%2.44%4.83%-1.72%
1997-4.97%8.38%3.76%-1.5%
1996-7.12%6.79%-1.31%-2.7%
1995-1.63%-4.1%7.56%-0.99%
1994-3.03%1.99%2.36%0.94%
1993-5.74%6.23%1.52%3.14%
1992-3.86%3.78%2.58%-1.21%
1991-2.51%0.89%7.97%-5.35%
1990-4.27%8.52%-3.03%

This table shows the change in house prices during a single quarter, adjusted for inflation.

Adjusting house price rises (or declines) for inflation produces a more accurate picture of the change in value of housing than the usual nominal figures cited in the newspapers.