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House Price Index report for Q3 2015

19 November 2015

‚ÄčThe house price report for the third quarter of 2015 has been released by the States Statistics Unit.

Key figures:

  • on a rolling four-quarter basis, the mix-adjusted average price of dwellings sold in Jersey during the year ending Q3 2015 was 2% higher than in the previous quarter (ending Q2 2015)
  • on a quarterly basis:
    • the seasonally adjusted mix-adjusted average price in Q3 2015 was 5% higher than in the previous quarter and 6% higher than the corresponding quarter in 2014
    • 1-bedroom flats recorded slightly lower mean prices than in the previous quarter
    • 2-, 3- and 4- bedroom houses and 2-bedroom flats, all recorded higher mean prices
  • on both a rolling four-quarter and a quarterly basis, the overall mix adjusted index exceeded
    the previous peak level for the first time in 7 years
  • the turnover of properties in Q3 2015 was lower than in the previous quarter but higher than in the corresponding quarter in 2014
  • overall housing market activity, on a rolling four-quarter basis, was 2% higher than in the
    previous quarter and 12% higher than the corresponding quarter of 2014

Download House Price Index report for Q3 2015 (size 740kb)

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