In Wallonia, houses have lost value in 25 municipalities over the past five years (interactive maps)

In view of the record inflation of 2022, there is a drop in the real value of houses in 155 of 262 Walloon municipalities between 2021 and 2022.

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By Guillaume Declaye

Published on 03/2/2023 at 17:44
Reading time: 4 mins

On say of the Belgians that they have a brick in their stomach, but does their wallet follow the dance? In Wallonia, the median price for a house is now 202,500 euros. Faced with the record inflation of 2022, the real estate market experienced a slight decline, with activity down 2%, according to the barometer of notaries published in mid-February. In the latter, we also read that “price increases were lower than inflation”.
The evening
took the opportunity to dive back into the data from previous barometers in order to unearth the municipalities where the real value (the inflation-adjusted price) of houses had fallen over the past 5 years. Spoiler alert: of the 262 Walloon municipalities, only 25 have seen their real value drop (see infographic below). The record inflation of 2022 got the better of a greater number of municipalities: they are 154 to have suffered a loss of real value.

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