House price report for the third quarter 2019 published

14 November 2019

The house price report for the third quarter 2019 has been published today by Statistics Jersey.

In the third quarter of 2019:

on a rolling four-quarter basis, the mix-adjusted average price of dwellings sold in Jersey during the year ending Q3 2019 was 2% higher when compared with the previous quarter (year ending Q2 2019)
on a quarterly basis:

the seasonally adjusted mix-adjusted average price was 2% higher than in the previous quarter and 8% higher than in the corresponding quarter of 2018 (Q3 2018)
larger property types, 3- & 4-bedroom houses, saw decreases in mean price compared with the previous quarter
all other property types saw increases in mean price compared with the previous quarter

the turnover of properties was 6% lower than in Q3 2018 and was a fifth (20%) lower than the previous quarter (Q2 2019)
overall housing market activity, on a rolling four-quarter basis, was essentially unchanged (0.4% higher) when compared with the previous quarter (Q2 2019) and 15% higher than in the corresponding quarter of 2018
on a rolling four-quarter basis, advertised private sector rental prices increased by 1% during the year ending Q3 2019 compared with the year ending Q2 2019