2023-07-23 12:00:00
Sales of residential property fell in the three regions in the 1st half of 2023 compared to the same period last year, according to the new edition of the real estate barometer of notaries published by the Federation of Notaries (Fednot). The average price of houses has fallen somewhat, unlike that of apartments.
Despite a rise in June (+5.5% compared to the same month in 2022), real estate transactions at the national level ended this first half of 2023 in the red (-4.2% compared to the first half of 2022), weighed down in particular by the figures for January (-10.5%), February (-10.4%) and May (-6%). Broken down by region, these data indicate a greater drop in Flanders (-5.9%) than in Brussels (-3.7%) and Wallonia (-1.1%). Hainaut is also doing well (+3.1% compared to the first half of 2022) by recording the only increase in sales among the Walloon provinces, while the province of Luxembourg plummets by 7.9%. Between them are Walloon Brabant (-3.8%), the province of Liège (-1.8%) and that of Namur (-0.6%).
As for the average price of houses, it shows a slight decrease (-0.3%) compared to the annual average 2022 at the country level, for an amount of 320,937 euros. As far as the regions are concerned, the drop is 1.4% in Wallonia and 4.1% in the capital region, with amounts of 236,148 and 536,712 euros respectively. Flanders shows a price increase of 1.7%, for an average of 356,863 euros per house.
It was in Walloon Brabant that the largest decrease in house prices (-2.4%) was observed in Wallonia, although this province remains the most expensive in the region with an average of 411,645 euros for an acquisition, far ahead of the province of Luxembourg (274,063 euros, -0.4%), Namur (237,983 euros, -1.1%), Liège (225,023 euros, -0.4%) and Hainaut (193,157 euros, -0.6%).
Conversely, the average price of apartments has increased in Belgium.
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