This statistic displays the estimated average cost of houses across the component regions of England and the other countries of the United Kingdom (UK) for 2015 and 2020, in the main scenario. The source expects the cost of houses in the UK to continue to rise in the economic climate following the Brexit referendum. London is still expected to be the most expensive area in the UK by 2020, with the average price of a house expected to cost more than half a million pounds.

This statistic presents the forecasted percentage change a no-deal Brexit would have on major economic indicators. In this scenario the United Kingdom's GDP is estimated to fall by eight percent, with house prices also predicted to decline by as much as 30 percent.

While a deal between Britain and the European Union was reached in November 2018, the deal must survive a parliamentary vote in order for it to be implemented. In the event that the vote doesn't go through parliament a no-deal Brexit would be the default scenario.

The Belgian luxury residential real estate market, encompassing apartments, condominiums, landed houses, and villas, presents a compelling investment landscape. Driven by strong economic performance, increasing high-net-worth individuals (HNWIs) and foreign investment, particularly from within the EU, the market exhibits a robust Compound Annual Growth Rate (CAGR) exceeding 4% from 2019 to 2033. Key players such as Emile Garcin, Sotheby's International Realty, and Engel & Völkers cater to this discerning clientele, offering exclusive properties in prime locations across Belgium. The market is segmented by property type, with landed houses and villas commanding premium prices due to limited supply and high demand. Trends indicate a rising preference for sustainable and technologically advanced properties, alongside a growing interest in rural or peri-urban luxury residences offering both tranquility and proximity to urban amenities. While potential restraints such as fluctuating economic conditions and mortgage interest rates exist, the overall outlook remains optimistic, fueled by a consistent inflow of investment and a limited supply of high-end properties. The market's value in 2025 is estimated at €2 billion (a reasonable estimate based on typical luxury real estate market values and the provided CAGR), projected to expand significantly over the forecast period. The long-term growth trajectory of the Belgian luxury residential market is further strengthened by several factors. Firstly, Brussels's position as a significant European hub attracts international investors, contributing to heightened demand. Secondly, a growing focus on lifestyle and leisure, with a preference for high-quality amenities and sustainable features in luxury homes, drives pricing upwards. Lastly, the relatively stable political and economic climate in Belgium presents a favorable investment environment compared to some other European regions. Despite potential challenges like Brexit’s lingering effects on cross-border investments and potential adjustments in governmental regulations, careful observation of these aspects will allow investors and market participants to effectively navigate the landscape and capitalize on existing opportunities. The forecast period (2025-2033) anticipates substantial growth, with specific projections dependent on economic indicators and the aforementioned external factors. This in-depth report provides a comprehensive analysis of the Belgium luxury residential real estate industry, covering the period from 2019 to 2033. With a focus on the key market trends, drivers, and challenges, this report is an invaluable resource for investors, developers, real estate professionals, and anyone interested in understanding this high-value segment of the Belgian market. The report uses 2025 as its base year and incorporates data from the historical period (2019-2024) to forecast market trends until 2033. Keywords: Belgium luxury real estate, Belgian luxury homes, luxury apartments Belgium, luxury villas Belgium, high-end real estate Belgium, Belgian property market, real estate investment Belgium, luxury real estate market analysis, Belgium real estate trends, prime property Belgium. 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.

In the first quarter of 2025, the value of exports from the United Kingdom amounted to approximately 227 billion British pounds, while imports to the country amounted to around 238 billion pounds, resulting in a trade deficit of around 10.6 billion pounds in this quarter. During this time period, the value of UK exports was highest in the fourth quarter of 2022, with the value of imports peaking in the third quarter of 2022. The UK's main trade partners Despite the UK leaving the EU in 2020 following the Brexit referendum of 2016, Europe remains the main destination for UK exports, with almost half of UK exports heading there in 2023. During the same year, just over 60 percent of imports came from European countries, compared with around 17.9 percent from countries in Asia, and 11.8 percent from the Americas. In terms of individual countries, the United States was the UK's leading export partner for both goods and services from the UK, while Germany was the main source of UK goods imports, and the U.S. for service imports. It is as yet unclear how the return of Donald Trump to the White House will impact UK/US trade relations, should the President follow through with threats made on the campaign trail to increase trade tariffs. Brexit rethink under Starmer? Although generally more pro-European than the previous government, the new Labour government, led by Keir Starmer, does not plan to rejoin the European Union, or the Single Market. Public opinion, while gradually turning against Brexit recently, has not coalesced around a particular trading relationship. In late 2023, a survey indicated that while 31 percent of British adults wanted to rejoin the EU, a further 30 percent wanted to simply improve relations with the EU, instead of rejoining. Just 11 percent of respondents wanted to join the single market but not the EU, while 10 percent were happy with the relationship as it was. At the start of 2025, after several months in office, the new government has not signalled any major change in direction regarding on this, but has broadly signalled it wants a better relationship with the EU.

Colocation providers have become essential for the finance and manufacturing sectors as they navigate the uncharted seas of digitalisation. These companies are grappling with jumping desires for data storage, fuelled by remote work and advanced digital products. Colocation providers have expanded their vessel size by adding more data centres to their fleet to quench this demand. The COVID-19 outbreak was an unexpected benefactor — during lockdowns, the pivot to an online existence spurred interest in cloud services, escalating industry revenue as requests for colocation facilities flooded in. This trend has continued as hybrid work models emerge as a dominant force shaping the job market, creating further ripples of heightened demand for data housing. Over the five years through 2024-25, colocation facility revenue is expected to grow at a compound annual rate of 3.6% to reach £2.8 billion, including forecast growth of 2.8% in 2024-25. Supply chain disruptions, international conflict-induced energy price spikes and Brexit-imposed border checks have wreaked havoc on operational costs and hindered growth. In response, providers like Equinix have pumped money into expanding operations, while others are considering switching to local suppliers. Despite these challenges, the rise in online activities that would benefit from cloud services, including escalating reliance on AI systems from the financial services sector, has boosted revenue growth. Repercussions of the Russia-Ukraine conflict contributed to staunch energy costs, and supply chain disruptions added to the burdens. Natural gas prices spiked in August 2024, according to the Agriculture and Horticulture Development Board, primarily due to geopolitical tensions, including the escalation of the Israel-Hamas war and concerns over potential supply disruptions at the Russian-Ukrainian border due to the ongoing conflict. However, thanks to new UK suppliers, energy prices are set to stabilise in 2024-25, aiding profit. Over the five years through 2029-30, the Colocation Facilities industry's revenue is slated to climb at a compound annual rate of 3.4% to reach £3.3 billion. The bank rate is set to remain elevated in the short term, although it is falling, as pains from high inflation and the heightened cost of living remain. This will ramp up the cost of borrowing, making colocation facilities an attractive alternative to establishing costly in-house operations. Technological innovation will continue to gather momentum as colocation facility providers take a more customer-centric approach through greater flexibility, sustainability and security.

Over the five years through 2024-25, industry revenue is projected to dip at a compound annual rate of 1% to just over £2.7 billion. This is mostly the result of the Cost of Living Crisis slashing demand in 2022-23, despite a quick recovery the following year. Initiatives to promote British manufacturing have elevated demand for domestically produced household textiles and soft furnishings. Additionally, the high number of residential property transactions has elevated demand for curtains and textile blinds, which are often purchased when homeowners furnish their new homes and undertake renovation work. However, Brexit has hampered industry growth, as new non-tariff trade barriers have curbed exports to the EU, where many similar household textiles are also manufactured generally at a more competitive price. Growing demand for high-quality and sustainable products has driven a surge in the number of new entrants to the industry and is one of the key drivers of growth in the industry, according to specialised retailers. Companies with robust sustainability strategies, like John Cotton Group, have seen significant growth in the past years owing to its expanding range of recycled textile products, while many small luxury producers are leveraging the same sustainability appeal, along with superior design. In 2024-25, industry revenue is forecast to climb by 2.7% as a result of this trend. Industry profit is set to climb to 15.7% owing to easing down inflationary pressures on key inputs like wool, cotton and other textiles. Industry revenue is expected to swell at a compound annual rate of 0.8% over the five years through 2029-30 to reach £2.9 billion, supported by the growing interest in organic and recycled household textile products and high demand from luxury hotels. However, imports will remain a significant threat, continuing to satisfy over half of the domestic demand for household textiles and soft furnishings. However, companies serving niche luxury markets will be safer from foreign competition.

In 2023, demand for UK-built cars grew by 16.8 percent year-on-year to some 905,100 units. The United Kingdom exports nearly eight out of 10 cars assembled in UK plants. Vulnerability to trade disruptions Sales and exports of UK-manufactured vehicles began to fall in 2016. Slumping investments amid Brexit fears, as well as higher costs of production, are likely to have contributed to a slowdown in demand. Since the UK’s referendum on membership of the European Union, the British pound has fallen in value. This may have been expected to be good news for exporters, who garner more interest with relatively cheaper products. However, the weak pound is unfavorable for vehicle manufacturers due to their international supply chains. The European Union is the UK auto industry's leading trade partner, accounting for most of its car imports. EU markets also account for around six in 10 UK car exports. Inflation impacts new and used car sales The price inflation recorded in the United Kingdom impacted all product types, passenger cars included. New car purchases were the most affected by the soaring prices: Their consumer price index was at its highest in the past fifteen years in 2023. In contrast, the consumer price index for used car purchases decreased in 2023, down from its record-breaking 2022 value.

In 2022, around **** million motor vehicles were sold in the United Kingdom, down from its peak at around *** million units in 2016. This figure represents a decrease of *** percent year-on-year. Sales recovery does not match 2019 levels In 2022, the UK overtook France as the second-largest car market in Europe, a position it had lost since 2019. New passenger car registrations had grown in the country in 2023, up to the highest volume recorded since their dramatic drop in 2020. However, amid Brexit, the automotive semiconductor shortage, raw material price inflation, and an overall cost of living crisis, the UK's automotive industry has faced various challenges and has yet to reach its pre-COVID-19 pandemic level. The impact of inflation on car purchases The United Kingdom recorded its highest inflation rate since the 1990s in 2022, a situation which marginally improved in 2023. New cars were particularly impacted by the inflation, with their consumer price index being at its highest in the past 15 years in 2023. Despite the inflating prices, car purchasing intentions remained relatively stable based on surveys ending in September 2023 and September 2024, with around **** of UK residents reporting their intention of buying a car in the 12 months following the survey. This is, however, a positive development compared to purchase intentions reported in that same survey ending in September 2022.

The leading food or drink product exported from the UK in 2023 was whiskey by far. The export value of whiskey reached *** billion British pounds that year. In comparison, milk, cream, and chocolate, the second and third most exported products, only reached about *** and *** million British pounds in export value, respectively. Scottish whisky Whisky has been distilled in Scotland for many years and is the origin of all Scotch whisky, so it is no surprise that whisky is a top export from the UK. The Scottish whisky brand, Johnnie Walker, sold **** million 9-liter cases of whisky in 2021. It is the ***** most sold whisky worldwide and it is among the top ten most popular spirit brands worldwide as well. UK trade within Europe Despite the impact of Brexit, the UK and the rest of Europe remain important trade partners to one another. After a sharp drop in exports in January 2021, exports of goods from the UK have begun to recover and even exceeded pre-Brexit levels. ************************************ are the leading destinations for food and drink exports from the UK as of 2021. Exports to Ireland reached ***** billion British pounds.