18 August 2016
The house price report for the second quarter of 2016 has been released by the States Statistics Unit.
The report shows that in the second quarter of 2016:
- on a rolling four-quarter basis, the mix-adjusted average price of dwellings sold in Jersey during the year ending Q2 2016 was 2% higher than in the previous quarter (ending Q1 2016)
- on a quarterly basis:
- the seasonally adjusted mix-adjusted average price in Q2 2016 was 5% higher than in the previous quarter and 7% higher than the corresponding quarter in 2015 (Q2 2015)
- all property types in the Jersey House Price index recorded higher mean prices than in the previous quarter
- the turnover of properties in Q2 2016 was higher than in the previous quarter and was essentially unchanged when compared with the corresponding quarter in 2015
- overall housing market activity, on a rolling four-quarter basis, was 2% higher than in the previous quarter (ending Q1 2016)
Download House Price Index report for Q2 2016 (size 791kb)