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House price report for Q1 2017

18 May 2017

​The House Price Index report for the first quarter of 2017 has been published by the Statistics Unit.

In the first quarter of 2017:

  • on a rolling four-quarter basis, the mix-adjusted average price of dwellings sold in Jersey during the year ending Q1 2017 was 1% higher than the previous quarter
  • on a quarterly basis:
    • the seasonally adjusted mix-adjusted average price in Q1 2017 was 2% lower than in the
      previous quarter and 3% higher than the corresponding quarter in 2016 (Q1 2016)
    • all individual property types recorded lower mean property prices in Q1 2017 compared
      with Q4 2016
  • the turnover of properties in Q1 2017 was lower than the previous quarter, and higher than
    the corresponding quarter in 2016
  • overall housing market activity, on a rolling four-quarter basis, was 3% higher than in the
    previous quarter
  • on a rolling four-quarter basis, rental prices in Jersey were essentially unchanged during the
    year ending Q1 2017 than in the previous quarter (ending Q4 2016)

Download House Price Index report for Q1 2017 (size 769kb)

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