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House Price Index report for Q1 2016

19 May 2016

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

In the first quarter of 2016:

  • on a rolling four-quarter basis, the mix-adjusted average price of dwellings sold in Jersey during the year ending Q1 2016 was essentially unchanged compared with the previous quarter (ending Q4 2015)
  • on a quarterly basis:
    • the seasonally adjusted mix-adjusted average price in Q1 2016 was 1% lower than in the previous quarter and 2% higher than the corresponding quarter in 2015 (Q1 2015)
    • 3- bedroom houses together with 1- and 2- bedroom flats all recorded lower mean prices than in the previous quarter
    • 4- bedroom houses recorded higher mean prices than in the previous quarter
  • the turnover of properties in Q1 2016 was lower than in the previous quarter and higher than in the corresponding quarter in 2015
  • overall housing market activity, on a rolling four-quarter basis, was 1% higher than in the previous quarter (Q4 2015) and 11% higher than the corresponding quarter of 2015 (Q1 2015)

Download House Price Index report for Q1 2016 (size 791kb)

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