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House Price Index report for Q3 2016

17 November 2016

‚ÄčThe house price report for the third quarter of 2016 has been released by the States Statistics Unit.

The latest report shows that:

  • on a rolling four-quarter basis, the mix-adjusted average price of dwellings sold in Jersey during the year ending Q3 2016 was essentially unchanged compared with the previous quarter

  • on a quarterly basis:

    • the seasonally adjusted mix-adjusted average price in Q3 2016 was 2% lower than in the previous quarter and 3% higher than the corresponding quarter in 2015 (Q3 2015)

    • 2- and 3- bedroom houses both recorded higher mean property prices in Q3 2016 compared with Q2 2016

    • 4-bedroom houses together with 1- and 2- bedroom flats recorded lower mean property prices in Q3 2016 compared with Q2 2016

  • the turnover of properties in Q3 2016 was the highest recorded quarterly figure since 2006
    overall housing market activity, on a rolling four-quarter basis, was 8% higher than in the previous quarter

  • on a rolling four-quarter basis, rental prices in Jersey were 1% higher during the year ending Q3 2016 than in the previous quarter (ending Q2 2016)

Download House Price Index report Q3 2016 (size 778kb)

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