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Quarter three 2012 House Price Index figures published

15 November 2012

The average cost of dwellings in Jersey is measured by the Jersey House Price Index. This index measures the combined weighted average price of one and two-bedroom flats and two, three and four-bedroom houses.

The report for quarter three (Q3) 2012 shows that:

  • the Jersey House Price Index returned to a level similar to that seen in 2011, having recorded an upward fluctuation in the second quarter of 2012
  • the mix-adjusted average price of dwellings sold in Jersey in Q3 2012 was:
    • about 1% below the annual average for calendar year 2011
    • less than 1% higher than in the corresponding  quarter of 2011
  • the turnover of properties sold in Q3 2012 was a sixth (17%) lower than in the previous quarter and 8% lower than in the corresponding quarter of 2011 
  • share transfer properties accounted for almost two-thirds of flat sales in Q3 2012, a lower proportion than seen in the first six months of the year 

Download House Price Index report for quarter 3 2012 (size 660kb)

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