House Price Index report for Q3 2016

17 November 2016

​The 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)