PRESS RELEASE

Brussels, 18th April 2014

Property prices increased in 2013 Property prices for the entire year 2013 are now available. These indicate that the average prices for regular houses and flats show the same evolution as the year before, namely a slight increase in prices. The price decrease of villas in 2012 has made way for a price increase. Compared to 2012: 

regular houses have become 2.1% more expensive (compared to 2.7% the year before);



flats have become 2.8% more expensive (compared to 3.4% the year before);



villas have become only slightly more expensive: a small price increase of 0.8% has been registered. In 2012 prices still decreased (slightly) by 0.3%.



building plots are increasingly becoming more expensive: in 2013 they became 5.5% more expensive, the year before this was 2.5%.

This press release presents average property prices by year and by quarter. It also lists the least and most expensive municipalities and provinces. More detailed information can be found on our website: municipalities and provinces. More detailed information can be found on our website: http://statbel.fgov.be/nl/statistieken/cijfers/economie/bouw_industrie/vastgoed/

All prices mentioned in this press release are average prices. They are expressed in euros per property sold for regular houses, villas and flats. Average prices of building plots are expressed in euros per square metre. These statistics are based on data from the FPS Finances and concern those sales that are subject to registration duties.

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Annual comparison Belgium The decreasing average house prices in 2009 evolved into price increases from 2010 onward. Since then the prices increased less considerably over time. In 2012 villas even registered a slight price drop. However, this has again turned into a (limited) price increase. Compared to 2012: - regular houses (197,616 euros) have become 2.1% more expensive. This was 2.7% the year before; - villas, bungalows and country houses (332,603 euros) have become 0.8% more expensive. Their prices went down by 0.3% the year before; - flats (207,886 euros) have become 2.8% more expensive, compared to 3.4% the year before. Building plots (110.9 euros/m²) have become 5.5% more expensive. In 2012 this price increase amounted to 2.5%. evolution % 2012/2011

evolution % 2013/2012

197,616

+2.7%

+2.1%

329,959

332,603

-0.3%

+0.8%

195,528

202,228

207,886

+3.4%

+2.8%

102.6

105.1

110.9

+2.5%

+5.5%

BELGIUM

2011

2012

2013

regular houses

188,415

193,565

villas, bungalows, country houses

330,978

apartments, flats, studios building plots

(houses: euros per house sold / building plots: euros per square metre)

Graphical representation 350.000

€

€/m²

120

300.000

100

250.000

80

200.000

60

150.000

40

100.000

20

50.000 0

0 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Gewone woonhuizen (€) Villa's (€) Appartementen (€) Bouwgronden (€/m²)

(left axis = regular houses, villas and flats in euros / right axis = building plots in euros/m²)

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3/13

Flemish Region In 2013 a regular house in the Flemish Region cost on average 212,265 euros. The average prices were 354,971 euros for a villa and 211,138 euros for a flat. Prices for building plots amounted on average to 170.6 euros/m². The cheapest province was Limburg, where people paid on average 183,251 euros for a regular house. Flemish Brabant had the most expensive houses (245,569 euros). The cheapest municipality was Mesen, where a regular house cost on average 116,938 euros. The most expensive municipality was Kraainem, where people paid on average 376,792 euros (see appendix). evolution % 2012/2011

evolution % 2013/2012

212,265

+3.4%

+2.1%

354,100

354,971

+0.3%

+0.2%

200,829

206,924

211,138

+3.0%

+2.0%

156.5

165.6

170.6

+5.8%

+3.0%

FLEMISH REGION

2011

2012

2013

regular houses

201,043

207,837

villas, bungalows, country houses

352,891

apartments, flats, studios building plots

(houses: euros per house sold / building plots: euros per square metre)

Graphical representation 400.000

€

€/m²

180

350.000

160

300.000

140 120

250.000

100

200.000

80

150.000

60

100.000

40

50.000

20

0

0 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Gewone woonhuizen (€) Villa's (€) Appartementen (€) Bouwgronden (€/m²)

(left axis = regular houses, villas and flats in euros / right axis = building plots in euros/m²)

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4/13

Walloon Region In 2013 people in the Walloon Region paid on average 147,816 euros for a regular house. The average prices were 265,773 euros for a villa and 168,577 euros for a flat. Building plots cost on average 51.1 euros/m². The cheapest province for regular houses was Hainaut with 124,497 euros on average. Walloon Brabant was the most expensive province with an average house price of 243,691 euros. The most expensive municipality was Lasne (393,868 euros); the cheapest municipality Colfontaine, where houses had an average price of 90,753 euros (see appendix). evolution % 2012/2011

evolution % 2013/2012

147,816

+2.0%

+0.9%

265,734

265,773

+0.7%

+0.0%

154,203

161,640

168,577

+4.8%

+4.3%

48.7

49.0

51.1

+0.5%

+4.2%

WALLOON REGION

2011

2012

2013

regular houses

143,593

146,512

villas, bungalows, country houses

263,777

apartments, flats, studios building plots

(houses: euros per house sold / building plots: euros per square metre)

Graphical representation 300.000

€

€/m² 60

250.000

50

200.000

40

150.000

30

100.000

20

50.000

10

0

0 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Gewone woonhuizen (€) Villa's (€) Appartementen (€) Bouwgronden (€/m²)

(left

axis

=

regular

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houses,

villas

and

flats

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in

euros

/

right

axis

=

[email protected] http://statbel.fgov.be

building

plots

in

euros/m²)

5/13

Brussels-Capital Region In 2013, people in the Brussels-Capital Region paid on average 368,941 euros for a regular house. The average prices were 919,398 euros for a villa and 225,895 euros for a flat. Building plots cost on average 585.8 euros/m². The cheapest municipality was Sint-Jans-Molenbeek, where a regular house cost on average 245,642 euros. The most expensive municipality was Ixelles, where people paid on average 541,991 euros (see appendix). BRUSSELS CAPITAL REGION regular houses villas, bungalows, country houses apartments, flats, studios

2011

2012

2013

evolution % 2012/2011

evolution % 2013/2012

349,063

353,840

368,941

+1.4%

+4.3%

1,026,249

894,600

919,398

-12.8%

+2.8%

207,325

217,706

225,895

+5.0%

+3.8%

437.4

410.9

585.8

-6.0%

+42.6%

building plots

(houses: euros per house sold / building plots: euros per square metre)

Graphical representation 1.200.000

€

€/m²

700 600

1.000.000

500

800.000

400 600.000 300 400.000

200

200.000

100

0

0 2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

Gewone woonhuizen (€) Villa's (€) Appartementen (€) Bouwgronden (€/m²)

(left axis = regular houses, villas and flats in euros / right axis = building plots in euros/m²)

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6/13

Comparison per quarter The average price figures for the entire year of 2013 for Belgium and the three regions showed price increases in all property categories. However, the quarterly figures give a more nuanced view (see table below). At national level, for example, a continuous price increase or price decrease is not noticeable: - The prices for regular houses increased (slightly) in the first 3 quarters of 2013. This was followed by a price decrease of 1% in the fourth quarter. - Villas registered fluctuating prices: after an increase in the first quarter, they decreased again in the second quarter. This was repeated in the third and fourth quarter. - Flats registered price increases in the first two quarters. Their prices decreased in the third quarter, but reached their previous level again in the fourth quarter. - Prices for building plots also rose in the first two quarters, but the price drop registered in the third quarter was less strong in the fourth quarter. Prices fluctuate between quarters at regional level as well. In the Brussels-Capital Region the average prices fluctuate to a much larger extent, because there are considerably fewer transactions in this region compared to the other two regions. One observation with an exceptional price has a greater impact on the average sales price than in the other two regions. Average sales prices (houses: euros per house sold) (building plots: euros per square metre)

BELGIUM

2012 (Q1)

2012 (Q2)

2012 (Q3)

2012 (Q4)

2013 (Q1)

2013 (Q2)

2013 (Q3)

2013 (Q4)

regular houses villas, bungalows, country houses

191,251

191,265

196,653

194,921

195,716

196,044

200,231

198,294

332,553

327,780

330,133

329,721

334,245

332,777

336,619

327,192

apartments, flats, studios

201,704

201,357

202,245

203,520

205,132

209,388

207,387

209,423

101.0

109.5

108.2

102.4

108.9

113.5

111.1

110.1

regular houses villas, bungalows, country houses

205,300

204,721

212,112

209,082

210,690

209,116

214,697

214,323

356,543

349,762

354,917

355,417

354,966

354,356

358,110

352,401

apartments, flats, studios

207,452

206,023

205,120

208,898

208,111

214,794

209,743

211,642

163.1

165.8

169.1

165.0

169.5

174.1

174.7

164.8

regular houses villas, bungalows, country houses

144,748

143,647

148,363

149,049

145,686

145,863

150,670

148,771

267,084

262,782

267,042

266,006

272,270

263,804

268,405

259,987

apartments, flats, studios

159,779

161,724

163,984

161,080

163,405

165,626

172,035

172,628

45.8

53.0

51.6

46.3

50.4

50.4

50.5

52.8

regular houses villas, bungalows, country houses

350,620

356,793

355,274

352,553

354,024

383,512

374,869

363,479

838,642

1,028,773

936,577

806,221

963,182

836,976

943,885

961,851

apartments, flats, studios

213,221

216,101

220,619

220,717

224,894

223,651

224,523

230,652

336.9

537.3

695.6

256.0

686.9

539.4

851.1

473.8

building plots

FLEMISH REGION

building plots

WALLOON REGION

building plots

BRUSSELS CAPITAL REGION

building plots

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7/13

Additional information For more information, please contact Stephan Moens: ☎ +32 (0)2/277.63.47 [email protected] These statistics are based on data from the FPS Finances and concern those sales that are subject to registration duties.

Source Statistics Belgium

Additional figures Tables with detailed data can be found on: http://statbel.fgov.be/nl/statistieken/cijfers/economie/bouw_industrie/vastgoed/index.jsp

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8/13

Appendices Overview The table below lists the average prices for the latest available years. Average sales prices (houses: euros per house sold) (building plots: euros per square metre)

BELGIUM

2011 (Y)

2012 (Y)

2013 (Y)

evolution % 2012/2011

evolution % 2013/2012

regular houses

188,415

193,565

197,616

+2.7%

+2.1%

villas, bungalows, country houses

330,978

329,959

apartments, flats, studios

195,528

202,228

332,603

-0.3%

+0.8%

207,886

+3.4%

+2.8%

102.6

105.1

110.9

+2.5%

+5.5%

regular houses

201,043

207,837

212,265

+3.4%

+2.1%

villas, bungalows, country houses

352,891

354,100

354,971

+0.3%

+0.2%

apartments, flats, studios

200,829

206,924

211,138

+3.0%

+2.0%

156.5

165.6

170.6

+5.8%

+3.0%

regular houses

143,593

146,512

147,816

+2.0%

+0.9%

villas, bungalows, country houses

263,777

265,734

265,773

+0.7%

+0.0%

apartments, flats, studios

154,203

161,640

168,577

+4.8%

+4.3%

48.7

49.0

51.1

+0.5%

+4.2%

349,063

353,840

368,941

+1.4%

+4.3%

1,026,249

894,600

919,398

-12.8%

+2.8%

207,325

217,706

225,895

+5.0%

+3.8%

437.4

410.9

585.8

-6.0%

+42.6%

regular houses

218,018

223,369

229,772

+2.5%

+2.9%

villas, bungalows, country houses

369,447

371,875

369,058

+0.7%

-0.8%

apartments, flats, studios

179,319

181,326

190,125

+1.1%

+4.9%

165.9

179.8

183.2

+8.4%

+1.9%

regular houses

232,561

240,524

245,569

+3.4%

+2.1%

villas, bungalows, country houses

389,517

396,101

390,620

+1.7%

-1.4%

apartments, flats, studios

200,968

211,478

220,344

+5.2%

+4.2%

173.5

189.3

194.6

+9.1%

+2.8%

regular houses

235,653

247,237

243,691

+4.9%

-1.4%

villas, bungalows, country houses

405,153

400,647

402,021

-1.1%

+0.3%

apartments, flats, studios

207,366

214,028

234,011

+3.2%

+9.3%

95.2

92.7

103.8

-2.6%

+11.9%

regular houses

181,500

188,660

192,915

+3.9%

+2.3%

villas, bungalows, country houses

388,746

378,998

382,310

-2.5%

+0.9%

apartments, flats, studios

237,638

242,994

239,559

+2.3%

-1.4%

167.1

177.2

189.2

+6.0%

+6.8%

regular houses

188,631

196,609

200,677

+4.2%

+2.1%

villas, bungalows, country houses

338,361

339,900

345,641

+0.5%

+1.7%

apartments, flats, studios

197,716

209,233

213,677

+5.8%

+2.1%

150.3

150.4

157.5

+0.1%

+4.7%

building plots

FLEMISH REGION

building plots

WALLOON REGION

building plots regular houses BRUSSELS CAPITAL REGION

villas, bungalows, country houses apartments, flats, studios building plots

PROVINCE OF ANTWERP

building plots

PROVINCE OF FLEMISH BRABANT

building plots

PROVINCE OF WALLOON BRABANT

building plots

PROVINCE OF WEST FLANDERS

building plots

PROVINCE OF EAST FLANDERS

building plots

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9/13

PROVINCE OF HAINAUT

regular houses

122,636

124,983

124,497

+1.9%

-0.4%

villas, bungalows, country houses

229,856

235,617

234,507

+2.5%

-0.5%

apartments, flats, studios

132,417

139,277

143,412

+5.2%

+3.0%

48.8

50.3

51.7

+3.1%

+2.8%

regular houses

145,719

148,518

149,193

+1.9%

+0.5%

villas, bungalows, country houses

217,226

220,336

224,717

+1.4%

+2.0%

apartments, flats, studios

142,193

148,583

153,765

+4.5%

+3.5%

43.9

45.0

47.6

+2.5%

+5.8%

regular houses

177,561

180,471

183,251

+1.6%

+1.5%

villas, bungalows, country houses

255,222

256,911

252,592

+0.7%

-1.7%

apartments, flats, studios

177,355

190,527

193,887

+7.4%

+1.8%

125.4

132.2

126.8

+5.4%

-4.1%

regular houses

150,610

150,087

154,146

-0.3%

+2.7%

villas, bungalows, country houses

226,480

219,512

218,470

-3.1%

-0.5%

apartments, flats, studios

149,216

158,468

151,846

+6.2%

-4.2%

31.8

32.1

32.6

+0.9%

+1.8%

regular houses

156,397

155,898

160,390

-0.3%

+2.9%

villas, bungalows, country houses

217,209

220,564

219,875

+1.5%

-0.3%

apartments, flats, studios

167,341

171,915

177,835

+2.7%

+3.4%

41.7

43.2

42.8

+3.5%

-0.9%

building plots

PROVINCE OF LIÈGE

building plots

PROVINCE OF LIMBURG

building plots

PROVINCE OF LUXEMBOURG

building plots

PROVINCE OF NAMUR

building plots

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10/13

Least and most expensive provinces in 2013 The table below lists the least and most expensive provinces of 2013 by region.

most expensive province

least expensive province

regular houses

FLEMISH BRABANT € 245,569

LIMBURG € 183,251

villas, bungalows, country houses

FLEMISH BRABANT € 390,620

LIMBURG € 252,592

WEST FLANDERS € 239,559

ANTWERP € 190,125

building plots

FLEMISH BRABANT € 195 /m²

LIMBURG € 127 /m²

regular houses

WALLOON BRABANT € 243,691

HAINAUT € 124,497

villas, bungalows, country houses

WALLOON BRABANT € 402,021

LUXEMBOURG € 218,470

apartments, flats, studios

WALLOON BRABANT € 234,011

HAINAUT € 143,412

building plots

WALLOON BRABANT € 104 /m²

LUXEMBOURG € 33 /m²

FLEMISH REGION apartments, flats, studios

WALLOON REGION

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11/13

Houses: most and least expensive municipalities Below are the most and least expensive municipalities in Belgium and the regions according to average prices of regular houses in 2013.

Belgium

most expensive municipalities

average price

least expensive municipalities

average price

1 IXELLES (255)

541,991

1 COLFONTAINE (192)

90,753

2 WOLUWE-SAINT-PIERRE (172)

503,836

2 QUAREGNON (160)

91,336

3 UCCLE (308)

479,135

3 ROUVROY (8)

95,250

4 WOLUWE-SAINT-LAMBERT (168)

478,335

4 DOUR (137)

96,554

5 ETTERBEEK (143)

442,372

5 FRAMERIES (183)

98,753

6 WATERMAEL-BOITSFORT (85)

400,975

6 VIROINVAL (59)

99,846

7 LASNE (38)

393,868

7 BOUSSU (174)

100,584

8 AUDERGHEM (168)

383,588

8 FARCIENNES (67)

104,088

9 KRAAINEM (64)

376,792

9 CHARLEROI (1607)

104,091

10 LA HULPE (28)

374,555

10 MEIX-DEVANT-VIRTON (20)

106,525

11 WEZEMBEEK-OPPEM (56)

359,763

11 FROIDCHAPELLE (20)

108,200

12 LINKEBEEK (23)

331,378

12 MERBES-LE-CHATEAU (30)

109,400

13 SAINT-GILLES (155)

330,453

13 CHATELET (272)

109,452

14 BRUSSELS (342)

326,760

14 CERFONTAINE (33)

109,879

15 SINT-MARTENS-LATEM (19)

321,940

15 COUVIN (91)

110,361

16 FOREST (123)

320,093

16 SAINT-NICOLAS (177)

110,404

17 SCHAERBEEK (399)

315,932

17 DOISCHE (26)

111,115

18 RIXENSART (62)

314,468

18 CHIMAY (40)

111,203

19 KNOKKE-HEIST (120)

312,737

19 FONTAINE-L'EVEQUE (124)

111,981

20 LEUVEN (704)

305,393

20 ERQUELINNES (99)

112,230

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12/13 Flemish Region

most expensive municipalities

average price

least expensive municipalities

average price

1 KRAAINEM (64)

376,792

1 MESEN (8)

116,938

2 WEZEMBEEK-OPPEM (56)

359,763

2 MENEN (359)

132,068

3 LINKEBEEK (23)

331,378

3 RONSE (262)

133,223

4 SINT-MARTENS-LATEM (19)

321,940

4 GEETBETS (22)

144,659

5 KNOKKE-HEIST (120)

312,737

5 GERAARDSBERGEN (300)

146,549

6 LEUVEN (704)

305,393

6 HEUVELLAND (58)

148,539

7 SCHILDE (46)

302,653

7 WERVIK (179)

149,672

8 MEISE (92)

302,462

8 BORGLOON (50)

152,120

9 TERVUREN (83)

289,030

9 AVELGEM (70)

156,386

10 BRASSCHAAT (197)

287,620

10 LANDEN (117)

157,318

11 HOVE (39)

286,426

11 TONGEREN (212)

157,422

12 EDEGEM (140)

284,357

12 POPERINGE (134)

157,443

13 RANST (117)

281,881

13 HOUTHULST (77)

158,277

14 WEMMEL (92)

281,524

14 KLUISBERGEN (47)

158,774

15 HOEILAART (51)

280,020

15 HEERS (53)

162,434

16 OVERIJSE (67)

278,821

16 INGELMUNSTER (69)

162,668

17 SINT-GENESIUS-RODE (62)

278,573

17 ZOUTLEEUW (53)

163,698

18 GRIMBERGEN (204)

278,396

18 MEULEBEKE (57)

163,961

19 ZAVENTEM (184)

278,190

19 HARELBEKE (237)

165,292

20 ZOERSEL (28)

277,446

20 GINGELOM (58)

166,328

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13/13 Walloon Region

most expensive municipalities

average price

least expensive municipalities

average price

1 LASNE (38)

393,868

1 COLFONTAINE (192)

90,753

2 LA HULPE (28)

374,555

2 QUAREGNON (160)

91,336

3 RIXENSART (62)

314,468

3 ROUVROY (8)

95,250

4 CHAUMONT-GISTOUX (26)

295,104

4 DOUR (137)

96,554

5 WATERLOO (105)

293,043

5 FRAMERIES (183)

98,753

6 OTTIGNIES-LOUVAIN-LA-NEUVE (63)

272,455

6 VIROINVAL (59)

99,846

7 INCOURT (34)

265,529

7 BOUSSU (174)

100,584

8 RAMILLIES (38)

260,395

8 FARCIENNES (67)

104,088

9 BRAINE-L’ALLEUD (206)

256,472

9 CHARLEROI (1607)

104,091

10 GREZ-DOICEAU (56)

254,787

10 MEIX-DEVANT-VIRTON (20)

106,525

11 COURT-SAINT-ETIENNE (41)

254,406

11 FROIDCHAPELLE (20)

108,200

12 WALHAIN (23)

249,674

12 MERBES-LE-CHATEAU (30)

109,400

13 GENAPPE (76)

249,640

13 CHATELET (272)

109,452

14 WAVRE (130)

247,836

14 CERFONTAINE (33)

109,879

15 BRAINE-LE-CHÂTEAU (60)

238,447

15 COUVIN (91)

110,361

16 BEAUVECHAIN (38)

234,792

16 SAINT-NICOLAS (177)

110,404

17 CHASTRE (32)

224,753

17 DOISCHE (26)

111,115

18 GESVES (29)

222,397

18 CHIMAY (40)

111,203

19 VILLERS-LA-VILLE (71)

221,708

19 FONTAINE-L'EVEQUE (124)

111,981

20 LA BRUYERE (42)

218,714

20 ERQUELINNES (99)

112,230

Brussels-Capital Region

most expensive municipalities

average price

least expensive municipalities

average price

1 IXELLES (255)

541,991

1 MOLENBEEK-SAINT-JEAN (113)

245,642

2 WOLUWE-SAINT-PIERRE (172)

503,836

2 KOEKELBERG (47)

259,713

3 UCCLE (308)

479,135

3 ANDERLECHT (331)

263,548

4 WOLUWE-SAINT-LAMBERT (168)

478,335

4 EVERE (83)

270,651

5 ETTERBEEK (143)

442,372

5 BERCHEM-SAINTE-AGATHE (89)

280,039

WTCIII - Bd Simon Bolivar, 30 1000 Brussels

T + 32 (0)2/277.63.47

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