Chamber News Article

Jersey Chamber of Commerce

Latest News

Category: Building & Development  Business & Professional Services  Local Business News  States of Jersey

House Prices Report for the Third Quarter 2018 Published

Nov 22, 2018


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


In the third quarter of 2018:

  • on a rolling four-quarter basis, the mix-adjusted average price of dwellings sold in Jersey during the year endingQ3 2018 was 2% higher when compared with the year ending Q2 2018
  • on a quarterly basis: 
  • the seasonally adjusted mix-adjusted average price in Q3 2018 was 1% higher than in the previous quarter and 6% higher than the corresponding quarter in 2017 (Q3 2017)
  • houses recorded higher mean property prices when compared with Q2 2018, whilst flats recorded lower mean property prices when compared with Q2 2018
  • all property types saw an increase in mean price on the corresponding quarter of 2017 (Q3 2017) and generally remained at levels greater than seen throughout 2017
  • the turnover of properties was 14% higher than the corresponding quarter of 2017
  • overall housing market activity, on a rolling our-quarter basis, was 5% higher than in the previous quarter
  • on a rolling four-quarter basis, rental prices in Jersey increased by 3% during the year ending Q3 2018 when compared with the year ending Q2 2018.

House Price Index Report for Third Quarter of 2018

 

 

More Chamber News

  • Environment, Housing & Infrastructure report into Gov Plan

    Environment, Housing and Infrastructure Scrutiny Panel - Government Plan 2021 – 2024 Review

  • Escalated COVID-19 guidance for Islanders at high risk

    Islanders who are at high risk of severe illness if infected with COVID-19 are being advised to take...

  • Changes in country and regional risk assessment classification

    The changes will apply to anyone arriving in Jersey after 00:01 on Saturday 7 November