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“In some municipalities the price of apartments falls by 20%”. Find out here how the prices of houses and apartments are evolving in your municipality | Housing guide & More Latest News Here

 

During the first six months of this year, houses and apartments in various municipalities became significantly more expensive. Sometimes as much as 40 percent. This is evident from our Woonwijzer, in collaboration with notaris.be. In other places, the price has fallen just as hard. View the most recent price increases in your municipality below.

In Veurne and Putte, among others, the prices of apartments have risen sharply. This is the case for houses in municipalities such as Assenede and Merksplas. Although, according to housing expert Björn Cocquyt, it is recommended not to focus too much on this as a buyer: “It is important to compare house prices over a longer term. Certain trends are clearly visible over a period of five years. If you consider a shorter term, you have a much greater chance of fluctuations and you will get a distorted picture, as is now the case in Veurne and Dilsen-Stokkem, where the differences amount to almost thirty percent.”

Read more below the tables.

According to him, there is a logical explanation for these spectacular changes. “There is a real chance that a lot of new construction was sold during the first six months of 2022, while a year earlier it was mainly older houses that changed hands. The first category is a lot more expensive than the second, which causes a large increase in the average price. The reverse in turn leads to remarkable declines. Other elements, such as energy efficiency or the size of a garden, can also influence the average price.”

Only if you compare the prices over a longer period of time, you can use that information as a buyer to specifically look for a more affordable home in certain municipalities. “In the traditionally cheaper municipalities, the value of real estate generally increases less quickly than elsewhere. This often has to do with the location: there are fewer facilities or they are more remote. That dampens the interest of potential buyers, so that prices are not under so much pressure.”

Curious how much a house, apartment or piece of land in your (merged) municipality or city is worth on average? Check it out in our housing guide:

Here you will find the lowest house prices in Flanders and Brussels: housing expert shows 6 handsome houses for sale from 225,000 euros (+)

A house from 146,363 euros, built in just 48 hours: Sanne, Gert and Patricia opted for a ready-made house (+)

5 houses for sale that are ideal for young families: “Always less than a kilometer to the school gate” (+)

“In some municipalities the price of apartments falls by 20%”. Find out here how the prices of houses and apartments are evolving in your municipality | Housing guide
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The Article Is In Dutch🡽

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