Housing Index in Belgium decreased to 143 points in the second quarter of 2025 from 143.08 points in the first quarter of 2025. This dataset provides - Belgium Housing Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Residential Property Prices for Belgium (QBEN628BIS) from Q1 1970 to Q2 2025 about Belgium, residential, HPI, housing, price index, indexes, and price.

What is the price of a house in Belgium? In 2022, a house in Belgium would cost approximately 319,000 euros. However, that there are large price differences between the three Belgian regions. A house in the Brussels Capital-Region (the city of Brussels along and its surrounding villages) cost about double the price of a house in Wallonia. Of the Belgian provinces, houses in Hainaut were the cheapest. The ranking shown here only includes what in Flemish Dutch is referred to as “woonhuizen” and as “maisons” in French and therefore does not include apartments.

How much is an apartment in Belgium?

In 2022, an apartment in Belgium would cost approximately 260,000 euros. Apartment prices increased by about four percent compared to 2021, which was lower than the house prices (eight percent).

Is residential property in Belgium expensive when compared to the rest of Europe?

The house price index (HPI) of Belgium did not increase as fast as that of other European countries in 2022. Residential property in Belgium (which includes both newly constructed as well as existing property) increased by six percent between the second quarter of 2021 and the second quarter of 2022, whereas prices in Estonia and Czechia increased by more than 20 percent.

Belgium Luxury Residential Real Estate Market Report is segmented by Type (Apartments and Condominiums, Villas and Landed Houses), and by Region (Walloon Region, Brussels Region, Flemish Region, and the Rest of Belgium). The market size and forecasts for the Belgium Luxury Residential Real Estate Market are provided in terms of value (USD) for all the above segments.

Belgian Real Estate Dataset (November 2023)

This dataset contains information on real estate advertisements in Belgium from November 2023. It includes various property features and their corresponding prices. The dataset provides a comprehensive overview of the Belgian housing market, allowing users to explore and analyze property characteristics and pricing trends. The data covers a wide range of property attributes, from the number of bedrooms and bathrooms to energy efficiency ratings.

The dataset for December 2023 to February 2024 can be found here.

Data Dictionary

In 2022, housing prices in Belgium rose. According to the forecast, 2023 and 2024 will follow with a slight increase of two percent. Consumers signal much uncertainty on, for example, development of unemployment, which can hamper the housing market.

Belgium’s housing prices development

For years, house prices in Belgium followed a similar growth pattern to the country’s economy. Residential property prices grew when Belgium's economy performed well but stagnated when the economy slowed down. Since 2020, however, growth has accelerated. In 2022, the average house price exceeded 319,000 euros, up from 298,000 euros the year before.

The Belgian economy faces an uncertain future

Belgium’s real estate market is closely connected to the economic performance of the country. According to a 2022 forecast, the Belgian economy was predicted to grow by 2.1 percent in 2023. This prediction reflected inflation, supply chain disruptions impacting domestic demand, as well as (a lack of) international trade impacting Belgian growth.

Key information about House Prices Growth

• Belgium house prices grew 5.2% YoY in Jun 2025, following an increase of 11.4% YoY in the previous quarter.
• YoY growth data is updated quarterly, available from Mar 1974 to Jun 2025, with an average growth rate of 19.1%.
• House price data reached an all-time high of 43.9% in Jun 2023 and a record low of -12.8% in Jun 2022.

The average price of houses in Flanders, Wallonia and the Brussels Capital Region were very different from each other in 2022. That year, a house in the Flemish region was around ******* euros. Belgium has four governments, one national and three regional: Dutch-speaking Flanders, French-speaking Wallonia and the Brussels Capital Region (the city of Brussels along with its surrounding villages). All four areas operate independently from each other. House prices in Belgium have risen in recent years, but the increase has been milder than in the Netherlands and Luxembourg.

Building contractors and developers depend on various socio-economic factors, including property values, underlying sentiment in the housing market, the degree of optimism among downstream businesses and credit conditions. All of these drivers typically track in line with economic sentiment, with recent economic shocks spurring a difficult period for building contractors and developers. Nonetheless, the enduring need for building services, particularly to tackle housing shortages across the continent, ensures a strong foundation of work. Revenue is forecast to grow at a compound annual rate of 2.3% to reach €1.3 trillion over the five years through 2025. Operational and supply chain disruption caused by the pandemic reversed the fortunes of building contractors and developers in 2020, as on-site activity tumbled and downstream clients either cancelled, froze or scaled back investment plans. Aided by the release of pent-up demand and supportive government policy, building construction output rebounded in 2021. Excess demand for key raw materials led to extended lead times during this period, while input costs recorded a further surge as a result of the effects of rapidly climbing energy prices following Russia’s invasion of Ukraine. Soaring construction costs and the impact of interest rate hikes on both the housing market and investor sentiment led to a renewed slowdown in building construction activity across the continent. However, falling inflation and the start of an interest rate cutting cycle have spurred signs of a recovery in new work volumes, supporting anticipated revenue growth of 2.3% in 2025. Revenue is forecast to increase at a compound annual rate of 6.7% to €1.7 trillion over the five years through 2030. Activity is set to remain sluggish in the medium term, as weak economic growth and uncertainty surrounding the impact of the volatile global tariff environment on inflation and borrowing costs continue to weigh on investor sentiment. Contractors and developers will increasingly rely on public sector support, including measures to boost the supply of new housing, as countries seek to tackle severe housing shortages. Meanwhile, the introduction of more stringent sustainability requirements will drive demand for energy retrofits.

This statistic shows the number of real estate transactions in Belgium in housing from 1990 to 2017. According to the source, the numbers provided concern 'ordinary houses' (in Flemish Dutch: gewone woonhuizen). This in contrast to other numbers, which cover 'villa's, bungalows and mansions', 'apartments, flats and studios' (in Flemish Dutch: villa's, bungalows, landhuizen) and 'building lots' (in Flemish Dutch: bouwgronden). The European housing, or residential real estate, market has recently shown clear signs of recovery, with an increasing house price being the main trend. In 2017, the total number of housing transactions in Belgium reached a value of approximately 68,536.

In recent years, the housing market in Belgium remained stable. Between 2005 and 2015 for example, the number of real estate transactions in housing in the Flemish region increased from approximately 39,500 transactions in 2005 to a value of approximately 43,000 transactions in 2014. This was due to Belgium's fiscal system. When purchasing a house in Belgium, consumers pay the asking price plus ten (in Flanders) or 12 percent (in Wallonia and the Brussels capital region) in registration rights. This makes buying a house in Belgium a long-term investment.

Belgium Real Estate Market is expected to grow during 2025-2031

Residential Property Prices in Belgium increased 2.91 percent in June of 2025 over the same month in the previous year. This dataset includes a chart with historical data for Belgium Residential Property Prices.

Brussels was the most expensive Belgian city to buy an apartment, with an average square meter price of ***** euros in the first quarter of 2025. The price of an apartment in Liège was significantly lower at ***** euros.

Discover the booming Belgian luxury residential real estate market! This in-depth analysis reveals key trends, growth drivers, and top players shaping the future of luxury homes in Belgium from 2025-2033. Explore market size, segmentation, and investment opportunities in Brussels, Flanders, and Wallonia. Recent developments include: June 2023: Christie's International Real Estate is now open in Belgium and they've teamed up with one of the top real estate brokerages in the country. As the only Belgian affiliate of Christie's International Real Estate, they'll get access to top-notch marketing and tech, get national and international exposure for their listings, and have a link to the world-famous Christie's auction house for referral art and luxury items., April 2022: A house worth more than EUR 30 million (USD 32.56 million) has been sold by BARNES Léman. A remarkable file was created in association with the Paris-based law firm COHEN AMIR-ASLANI.. Key drivers for this market are: 4., Smart Homes and Automation4.; Wellness and Health focused Amenities. Potential restraints include: 4., High Cost. Notable trends are: IoT-enabled home automation is driving the market.

Belgium Luxury Residential Real Estate Market size was valued at USD 3 Billion in 2024 and is projected to reach USD 6 Billion by 2032, growing at a CAGR of 9.05% from 2025 to 2032.

Belgium Luxury Residential Real Estate Market: Definition/ Overview

Luxury residential real estate refers to high-end properties distinguished by superior quality, prime locations, and unique amenities. These homes are often built with high-quality materials and complex architectural designs, providing exceptional comfort and solitude. They frequently feature modern technologies, vast living areas, and high-end facilities such as swimming pools, private gyms, and home theatres, appealing to rich individuals seeking more than simply a place to live but also an aspirational lifestyle.

Purpose and brief description The house price index measures the inflation in the residential property market. The house price index reflects price developments for all residential properties purchased by households (apartments, terraced houses, detached houses), regardless of whether they are new or existing. Only market prices are taken into account, so self-build homes are excluded. The price of the land is included in the price of the properties. Population Real estate transactions involving residential properties Periodicity Quarterly. Release calendar Results available 3 months after the reference period Definitions House price index: The house price index measures changes in the prices of new or existing dwellings, regardless of their use or previous owner. Inflation - house price index: Inflation is defined as the ratio between the value of a given quarter and that of the same quarter of the previous year. Weighting - house price index: Weighting based on the national accounts (gross fixed capital formation in housing) and the total number of real estate transactions involving residential properties. Type of dwelling according to the classification set out in Regulation (EU) No 93/2013 on housing price indices. Technical information The house price index measures the price evolution of real estate prices on the market of private property. The index follows price changes of new or existing residential real estate purchased by households, irrespective of their purpose (letting or owner-occupying). Only market prices are taken into account. Houses built by their owners are therefore not included. The price of the building plot is included in the house price. The house price index is based on real estate transaction data from the General Administration of the Patrimonial Documentation of the FPS Finances. The prices used are those included in the deeds of sale. Given the time between the date on which the preliminary sales agreement is signed and the date on which the deed is executed (between three and four months), this index measures the price evolution with a delay compared to the actual date on which the sales price is set. This delay is inherent to the data source. The house price index is calculated by the European Union Member States, Norway and Iceland. Eurostat calculates the index for the Euro area (as well as for the European Union as a whole) using the harmonised indices of the Member States. Given the role of the housing market in the economic and financial crisis of 2008, the house price index was included in the indicators used in the procedure to prevent and correct macroeconomic imbalances in the European Union. The house price index is calculated under the European Regulation 2016/792 on harmonised indices of consumer prices and the house price index and 2023/1470 laying down the methodological and technical specifications as regards the house price index and the owner-occupied housing price index. Data are available from 2005 onward for Belgium as well as for the European Union and the majority of European countries. The house price index can be broken down by new houses and existing houses. The weights of these two items in the overall index are determined by the gross fixed capital formation in houses (for the new houses) and the total value of transactions of the previous year (for the existing houses). Until 2013, the house price index of new houses was roughly estimated based on the output price index in the construction sector. Since 2014, it is also based on real estate transaction data. House price index for existing houses is available per region since 2010. The data have therefore been completely reviewed when the results for the fourth quarter of 2023 were published in March 2024. Since the houses that are put up for sale differ from one quarter to another, the changes in characteristics are processed with hedonic regression models to eliminate price fluctuations due to changes in characteristics of the properties sold. These models aim to estimate the theoretical price based on the characteristics and location of the houses sold. The index is then calculated based on changes in the average prices observed and adjusted by a factor depending on the differences in quality observed between dwellings sold during the different periods.

Discover the booming Belgian prefab house market! This comprehensive analysis reveals key trends, drivers, and restraints shaping this rapidly growing sector, including market size projections, leading companies, and regional breakdowns. Explore the future of sustainable and efficient housing in Belgium. Key drivers for this market are: Increase in GDP contribution from Construction Industry, Increase in Number of Building Permits. Potential restraints include: High Initial Investments. Notable trends are: Labour Costs in Belgium has increased in 2020.

View quarterly updates and historical trends for Belgium House Price Index. Source: Eurostat. Track economic data with YCharts analytics.

Discover the booming Belgian luxury real estate market! This in-depth analysis reveals a CAGR exceeding 4%, driven by HNWIs and prime location scarcity. Explore market trends, leading companies (Engel & Völkers, Sotheby's), and future projections through 2033. Invest wisely in Brussels, Antwerp, and beyond. Recent developments include: June 2023: Christie's International Real Estate is now open in Belgium and they've teamed up with one of the top real estate brokerages in the country. As the only Belgian affiliate of Christie's International Real Estate, they'll get access to top-notch marketing and tech, get national and international exposure for their listings, and have a link to the world-famous Christie's auction house for referral art and luxury items., April 2022: A house worth more than EUR 30 million (USD 32.56 million) has been sold by BARNES Léman. A remarkable file was created in association with the Paris-based law firm COHEN AMIR-ASLANI.. Key drivers for this market are: 4., Smart Homes and Automation4.; Wellness and Health focused Amenities. Potential restraints include: 4., Smart Homes and Automation4.; Wellness and Health focused Amenities. Notable trends are: IoT-enabled home automation is driving the market.

Belgium - Housing cost overburden rate: Tenant, rent at market price was 24.30% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Belgium - Housing cost overburden rate: Tenant, rent at market price - last updated from the EUROSTAT on November of 2025. Historically, Belgium - Housing cost overburden rate: Tenant, rent at market price reached a record high of 38.10% in December of 2014 and a record low of 24.30% in December of 2024.