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House Price Index report for Q1 2014

22 May 2014

The House Price Index report for Q1 2014 has been released by the Statistics Unit. The report shows that:
  • on a rolling four-quarter basis, the mix-adjusted average price of dwellings sold in Jersey in Q1 2014 was 1% lower than in the previous quarter and 2% lower than in calendar year 2013
  • on a quarterly basis the mean price of 3-bedroom houses in Q1 2014 was almost 7% lower than in the previous quarter and the lowest recorded for this property type since 2007. The mean prices of 2-bedroom flats and 2- and 4-bedroom houses sold in the latest quarter were slightly higher than in the previous quarter
  • the turnover of properties in Q1 2014 was at a similar level to the quarterly average seen in 2013
  • share transfer transactions accounted for around two-thirds of all eligible flat sales in Q1 2014, a greater proportion than recorded in 2013 when share transfers accounted for around half of such sales
​Download House Price Index report for quarter 1 2014 (size 627kb)
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