Belgium - House Price Index




Belgium: House Price Index

Mnemonic HPI.IBEL
Unit Index 1953=100
Annual 7.25 %
Data 2022 6,402
2021 5,969

Series Information

Source Stadim Consultancy
Release Belgium House Price Index Average Price of Houses
Frequency Annual
Start Date 12/31/1953
End Date 12/31/2022

Belgium: Real Estate

Reference Last Previous Units Frequency
Non-residential Building Permits Mar 2026 452 392 #, NSA Monthly
Residential Building Permits Mar 2026 2,263 1,734 #, NSA Monthly
Building Permits 2025 27,629,191 28,270,763 Square metres Annual
House Price Index for Existing Homes 2025 Q4 146.66 146.28 Index 2015=100, NSA Quarterly
House Price Index for New Homes 2025 Q4 151.02 149.25 Index 2015=100, NSA Quarterly
House Price Index 2022 6,402 5,969 Index 1953=100 Annual
House Price Value 2018 Q2 3,765,660,706 3,760,987,975 EUR, NSA Quarterly
Non-residential Housing Starts Dec 2015 3 4 #, NSA Monthly
Residential Housing Starts Dec 2015 1,596 1,794 #, NSA Monthly

Release Information

Description

The price developments on the housing market are determined by four factors: the evolution of the borrowing capacity, the inflation, the development of the spending power and the tax system. In a broader sense, this is valid for the entire real estate market, whereby cash flow equals spending power for companies.

Methodology

House prices are determined by 5 trends:

  1. Lending capacity
  2. Inflation
  3. Buying power
  4. Taxes
  5. Available equity

This can also be applied to the entire property market, where cash flow is equal to buying power for companies.  The shrinkage in lending capacity resulting from lower loan-to-value ratios and the reduction in the loan term will increase the equity requirement to around one third of the purchase price

Revisions

1953 to 1970 only includes small and medium-sized houses. From 1971 onwards the series includes all houses, specifically, villas and mansions