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Jersey Chamber of Commerce

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Category: Building & Development  Financial  Local Business News  States of Jersey

House Prices Report for the Second Quarter 2018 Published

Aug 17, 2018


The House Price Index report for the second quarter of 2018 has been published by Statistics Jersey.

In the second quarter of 2018:

on a rolling four-quarter basis, the mix-adjusted average price of dwellings sold in Jersey during the year ending Q2 2018 was 2% higher when compared with the year ending Q1 2018

on a quarterly basis: 

the seasonally adjusted mix-adjusted average price in Q2 2018 was 3% higher than in the previous quarter and 6% higher than the corresponding quarter in 2017 (Q2 2017)

most individual property types recorded lower mean property prices than in the previous quarter, with 1-bedroom flats the only property type to record an increase in mean price

all property types saw an increase in mean price on the corresponding quarter of 2017 (Q2 2017) and generally remained at levels greater than seen throughout 2017

the turnover of properties was higher than the previous quarter but lower than the corresponding quarter of 2017

overall housing market activity, on a rolling four-quarter basis, was 1% higher than in the previous quarter

on a rolling four-quarter basis, rental prices in Jersey increased by 2% during the year ending Q2 2018 when compared with the year ending Q1 2018

House Price Index report for second quarter of 2018

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