House Price Index report for Q1 2015

21 May 2015

​​The latest House Price Index has been released by the States Statistics Unit:

• on a rolling four-quarter basis, the mix-adjusted average price of dwellings sold in Jersey during Q1 2015 was 2% higher than in the previous quarter (Q4 2014)
• on a quarterly basis
• the seasonally adjusted mix-adjusted average price in Q1 2015 was 1% lower than in the previous quarter (Q4 2014)
• flats (1- and 2-bedroom) recorded lower mean prices than in the previous quarter; while 1-, 2- and 3-bedroom houses had essentially unchanged mean prices
• the turnover of properties in Q1 2015 was slightly lower than in the previous quarter (Q4 2014), but was essentially unchanged compared to Q1 2014
• share transfer transactions accounted for slightly more than two thirds (69%) of all eligible flat sales in Q1 2015, an increased proportion to that recorded in calendar year 2014. This figure was largely driven by the increased sale of 1- bedroom flats

Download House Price Index report for quarter 1 2015 (size 629kb)